Archive for the 'San Messina' Category
Single Family Homes Sold in Weston July 2010
August 12th, 2010 categories: Bonaventure, Communities, Country Isles, Emerald Estates, Isles at Weston, Market Update, San Messina, Savannah, Sunrise, Tequesta, The Falls, The Islands, The Lakes, The Landings, The Ridges, The Springs, Weston Hills Country Club, Windmill Ranch Estates
During the Month of July 2010 56 Single Family Homes were sold in Weston of which:
7 were Short Sales (12%)-One of the lowest percentages in a long time
10 were Foreclosures (18%)
30 were Regular Sales (70%)
The average Sale Price/List Price was 96%. It means that properties are being listed at reasonable prices and in general there is not much room to play with price when presenting offers.
Months of Inventory based on Closed Sales are just a little over 6 months. Months of Inventory indicates if the market is a seller’s or buyer’s market. 6 Months is considered a balanced market.
Almost 77% of the homes closed were under $500,000.00
Information gathered from the Multiple Listing Service as of July 12, 2010
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Weston Real Estate Market Update – Townhouses/Coach Homes as of Feb. 27, 2009
February 27th, 2009 categories: Bonaventure, Communities, Courtside at Weston Hills CC, Courtyard at the Grove, Market Update, San Mateo, San Messina, San Remo, San Sebastian, San Simeon, The Legends at Weston Hills CC
Every Community has its own personality even thou some of them have the same floor-plans.
Courtside, Mariposa Pointe and the Legends are all Coach homes. Mariposa is located next to Weston’s Town Center and the other two at Weston Hills Country Club.
California Courts, Coconuts and Emerald courts are each of them one of a kind.
All the “Sans” and Courtyard are town-homes communities with the exact Floor Plans. It seems that the newer of the two communities San Mateo and Courtyard a shorter turnaround time.
When I see numbers like these, where in the same kind of product the Months of Inventory based on Closed Sales go from 4.2 to 39 months, I wonder how much we can trust broad statistics. The market is behaving in such a way that every community must be researched with a magnifier glass without loosing sight of the whole picture.
The following graph shows the average Months of Inventory for Condos and Town-houses in Weston as of the end of January of 2009. This includes all Weston’s and Bonaventure Condos, Town-homes and Coach homes/Villas communities.
The representation of fro data supplied by the SEF Mls as of Jan. 31,2009
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