Archive for the 'Sunrise' Category
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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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, Savanna, 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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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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