Archive for the 'San Remo' Category
Weston Homes Sold on December 2011
January 11th, 2012 categories: Bonaventure, Country Isles, Emerald Estates, Isles at Weston, Market Update, San Remo, Savanna, The Falls, The Islands, The Lakes, The Meadows, The Ridges, The Springs, Weston Hills Country Club
The Market Seems to Have Stabilized
201 1 December’s activity in Weston’s Real Estate Market was very similar to 2010. The number of homes sold went down in only one unit and the percentage of distressed sales remained in the low %30’s, which even though is a very large number it’s still lower than in many other communities.
See below the list of properties sold during 2011 by Subdivision.
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Weston Single Family Homes Sold on August 2011
September 12th, 2011 categories: Bonaventure, Country Isles, Emerald Estates, Emerald Isles, Isles at Weston, Market Update, San Remo, Savanna, Tequesta, The Falls, The Islands, The Lakes, The Meadows, The Ridges, The Springs, Weston Hills Country Club, Windmill Ranch Estates
Weston’s Real Estate Market Stays Very Active:
The Market has been very active and we have less than 6 months of Inventory based on Closed Sales for all prices in Weston. In certain price ranges we have less that 4 months of Inventory based on Closed Sales. Under 6 months of Inventory shows a Seller’s Market and we have experience in both our listings and with our Buyers a trend to receive multiple offers.
There were an unusual number (TEN) of transactions with seller’s contribution which represent almost 15% of the total transactions. Seller’s Contributions ranged from $700 to $ 12,451.
Homes Sold By Development:
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Information obtained through the Multiple Listing Service
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Weston Single Family Homes Sold August 2010
September 8th, 2010 categories: Bonaventure, Country Isles, Emerald Estates, Isles at Weston, Market Update, San Messina, San Remo, Savanna, Sunrise, Tequesta, The Falls, The Islands, The Lakes, The Meadows, The Ridges, The Springs, Weston Hills Country Club, Windmill Ranch Estates
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
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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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Weston Single Family Homes Sold: June 2010
July 21st, 2010 categories: Bonaventure, Country Isles, Emerald Estates, Foreclosures, Isles at Weston, Market Update, North Lakes, San Remo, San Sebastian, Savanna, Short Sales, The Falls, The Islands, The Lakes, The Landings, The Meadows, The Ridges, The Springs, Weston Hills Country Club, Windmill Ranch Estates, Windmill Reserve
99 Single Family Homes Closed on June 2010 in Weston
June has always been a very active month in Weston… It’s interesting to note the decrease in Cash Transactions compared with previous months. In February they represented over 40% of the closed sales.
Sales by Community:
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Single Family Homes – Closed Sales Weston April 2010
May 22nd, 2010 categories: Bonaventure, Emerald Estates, Isles at Weston, Living in Weston, Market Update, North Lakes, San Remo, San Sebastian, Savanna, Sunrise, The Falls, The Islands, The Lakes, The Meadows, The Ridges, Tips For Buyers, Tips for Sellers, Weston Hills Country Club
April was a very active Month! We expect May and June to have high numbers of closed sales due the expiration of the Tax Credit on April 2010. Buyers rushed to have executed contracts by April 30th to be able to take advantage of the Program.
WESTON HILLS COUNTRY CLUB
SAVANNA
THE RIDGES
ISLES AT WESTON
THE MEADOWS
THE FALLS
THE LAKES
THE ISLANDS
EMERALD ESTATES
EMERALD ISLES
SAN REMO
SAN SEBASTIAN
HAMPTON ISLES
NEW RIVER ESTATES
BONAVENTURE
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Weston Florida Single Family Homes Sold on March 2010
April 7th, 2010 categories: Bonaventure, Country Isles, Isles at Weston, Market Update, North Lakes, Properties in Weston, San Remo, Savanna, Tequesta, The Falls, The Islands, The Lakes, The Landings, The Meadows, The Ridges, The Springs, Tips For Buyers, Weston Hills Country Club
In March 2010 there were 63 Closings of Single Family Homes in Weston, Fl. Of those, 32% were “distress sales” (Short Sales and Foreclosures) which is consistent with the trend of the last few months. Fortunately most of our sales are regular sales and based on Month of Inventory Based on Closed Sales we are slightly in a sellers market with several offers competing for the best values. Buyers are being attracted mostly to properties that need little or none work and preferably with upgrades of which they will pay a fraction of the cost.
Weston Hills Country Club
The Ridges
Savanna
Isles at Weston
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Market Update: Weston Homes-Closed Sales on October 2009
November 3rd, 2009 categories: Bonaventure, Country Isles, Emerald Estates, Isles at Weston, Market Update, San Remo, San Sebastian, Savanna, The Falls, The Islands, The Lakes, The Landings, The Meadows, The Ridges, Tips For Buyers, Tips for Sellers, Weston Hills Country Club, Windmill Ranch Estates
59 Single Family Homes Closed in Weston on October 2009
- The number of closed sales represents an increase in comparison to September where only 51 SFH closed.
- Compared with the number of properties listed as Short Sale ( With almost 1/3 of the Inventory) the percentage that closed is relatively small (only 16.95% ).
- Compared with last month’s cash closing there has been a decrease from 33.3% to 28.81%
Sales by Development:
September 2009 Single Family Homes Market Update
August 2009 Single Family Homes Market Update
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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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