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Weston Homes Sold During January 2013

Closed Sales during January 2013 were consistent with last year’s market trends,there was an unusual activity at the beginning of the year with not many homes being listed and interest in new listings similar to what we are used to during the peak of Weston’s Real Estate Market. Multiple offers, offers above asking price, offers not contingent on appraisals… leaving buyers financing the purchase in a very bad position where it’s hard for them to compete.

We still have less than 3 months of Inventory based on Closed Sales, which is considered a Seller’s Market.

Distressed sales are maintaining the trend with a still high percentage over 20% but almost half of what it was in the worst times  Something we find interesting is the fact that CASH transactions are extremely high, in the last year in average we had less than 30% of Cash Sales and this month we had almost 50% as during the month of December..

Weston Florida Homes Sold During January 2013 By Type

To read detailed information on Weston Single Family Homes sold by community click on more Read the rest of this entry »

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Weston Homes Sold 3rd Quarter of 2012

Weston’s Real Estate Market remains very active with very low inventories putting pressure on prices. Distressed sales are slightly over 25% which is a relative low percentage compared with a year ago and other communities.

weston Homes sold 3rd Quarter 2012

To read detailed information of Weston’s Market Trends and Weston Single Family Homes sold by community click on more Read the rest of this entry »

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Single Family Weston Homes Sold On July 2012

82 TOTAL SINGLE FAMILY HOMES SOLD IN WESTON DURING JULY 2012

WESTON HOMES SOLD JULY 2012

Weston’s Real Estate Market remains very active with very low inventories putting pressure on prices. Distressed sales are slightly over 23% which is a relative low percentage compared with a year ago and other communities.

To read detailed information of Weston’s Market Trends and Weston Single Family Homes sold by community click on Read the rest of this entry »

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Weston Single Family Homes Sold March 2012

Weston’s Real Estate Market Keeps Being HOT!

In the month of March we had 59 SFH Closed, it is a significant number considering we are not in the peak season of the market. Homes for sale keep going down and well priced properties in good conditions may get multiple offers. We have been swinging between a balanced market and a sellers market for the lowest price ranges for several months now. (A Balanced market is when we have between 6 and 9 months of inventory based on Closed Sales).

There was an unusual number of Foreclosures and the percentage of distressed sales (40%)  is slightly higher than in the last few months which the average has been around 35%.

Total Homes Closed on March 2012 59

By Type of Financing

financing

By Type of Transaction

type

To read detailed information of Weston’s Market Trends and Weston Single Family Homes sold by community click read more…

Closed Sales by Community

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Weston Single Family Homes Sold During January 2012

58 TOTAL SINGLE FAMILY HOMES SOLD IN WESTON DURING JANUARY 2012

WESTON HOMES SOLD JANUARY 2012 BY TYPE OF SALE

Weston’s Real Estate Market has been moving consistently for the last year. The graph below contains data for the last 15 months. You may notice a slight difference between the two data sets but the trends are very clear. Decreasing Inventories and steady sales indicate we are in a seller’s market (Under 6 months of Inventory based on Closed Sales). We ended the month of January with the lowest number of homes for sales we have had since 2004…

To read detailed information of Weston’s Market Trends and Weston Single Family Homes sold by community click read more…

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New Listing in San Messina 3 BR + 2 BA $249,900

1702 Salerno Cr Weston, Fl CLICK HERE for Detailed Information

1702 Salerno

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Weston Single Family Homes Sold on September 2011

64 Homes Closed in Weston on September 2011

BY TYPE OF TRANSACTION:
45 Regular Sales
10 Short Sales
9 Foreclosures
The percentage of distress sales has been maintained over the last months representing approximately 30% of all total sales. A number that even though looks high is still lower than the percentage in other areas.

BY TYPE OF FINANCING
32 Conventional Loans
20 Cash Deals
10 FHA Loans
2 VA Loans
It’s interesting to note that the proportion of cash sales (over 30%) is still very high compared to traditional markets. We also notice a higher number of FHA’s loans than what we were seeing in the last few months.

weston homes sold sept 2011

weston homes sold sept 2011

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If you are interested in visiting this home or to find how much your home is worth, please call us at (954) 588-7260 or
contact us.

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Weston Homes Sold on May 2011

Homes Sold in Weston By Financing and Type of Transaction MAy 2011

For detailed in formation a list of single family homes sold during the month of May read more… Read the rest of this entry »

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Weston Single Family Homes Sold August 2010

Weston Real Estate Market Looking Good!

During the Month of August 2010 73 Single Family Homes were sold in Weston of which:
6 were Short Sales (8.2%)
5 were Foreclosures (6.8%)
62 were Regular Sales (85%)

It’s interesting to note that the percentage of distress sales have reduced significantly. Even though, there was an interesting foreclosure in Windmill Ranch Estates 2750 Hackney Rd with a lot over 1 acre which sold for $ 690,000 a very low price for a home in that community.

Months of Inventory based on Closed Sales are just a little over 5 months. Months of Inventory indicates if the market is a seller’s or buyer’s market. 6 Months is considered a balanced market and under 6 months a Seller’s Market.

There were 6 homes in Weston that closed above $ 1,000.000, which represents and increase compared with the last few months and 18 under $ 300,000.

Based on type of transaction:
14 Cash
45 Conventional
12 FHA’s
2 VA’s

WESTON HOMES SOLD AUGUST 2010

WESTON HOMES SOLD AUGUST 2010

WESTON HOMES SOLD AUGUST 2010


To stay updated with what’s going on in the Real Estate Market and receive my blog posts directly to your inbox subscribe here.
If you are interested in renting or listing for rent Real Estate in WESTON, please call me at (954) 588-7260 or
contact me.

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Single Family Homes Sold in Weston July 2010

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

Weston Homes Sold July 2010

Weston Homes Sold July 2010

Weston Homes Sold July 2010

Information gathered from the Multiple Listing Service as of July 12, 2010

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