Archive for the 'Tequesta' Category
Weston Single Family Homes Sold April 2012
May 16th, 2012 categories: Bonaventure, Communities, Country Isles, Emerald Estates, Isles at Weston, Savanna, Tequesta, The Falls, The Islands, The Lakes, The Landings, The Meadows, The Ridges, The Springs, Weston Hills Country Club, Windmill Lakes Estates, Windmill Ranch Estates
Weston Remains a Very Active Market
Coincidentally this month last year (April 2011) we had the exact same number of closed sales as this year. The great difference is in the number of active listings which are almost 22% down from last year. The number of Pending Sales increased dramatically making it very competitive.
Distressed Sales (Short Sales and Foreclosures) represent 26.6% of the market which is less than the 32% to 36% average that had been the trend in the last couple of years.
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The Following graph shows Single Family Homes Market Data for the last 15 months in Weston:
TOTAL NUMBER OF HOMES SOLD 64
To See Homes Sold by Community click here Read the rest of this entry »
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Weston Single Family Homes Sold on November 2011
December 8th, 2011 categories: Bonaventure, Emerald Estates, Emerald Isles, Isles at Weston, Savanna, Sunrise, Tequesta, The Islands, The Lakes, The Meadows, The Ridges, The Springs, Weston Hills Country Club, Windmill Reserve
We had a Very Active Month!!! even though we are starting Weston’s low season…
Single Family Homes sales were very active during the month of November 2011. The Inventories have been low specially during the last few months with less than 6 months of Inventory based on closed sales. Less than 6 months of Inventory based on closed sales is considered a Sellers Market. Our main challenge in how distressed sales still affect price on comparable sales making the recovery even though looking steady also slowly regarding price increases.
For detailed information of Homes old by community please click on read more… Read the rest of this entry »
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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 Homes Sold on June 2011
July 9th, 2011 categories: Bonaventure, Country Isles, Emerald Estates, Isles at Weston, Market Update, Savanna, Sunrise, Tequesta, The Falls, The Islands, The Lakes, The Meadows, The Ridges, The Springs, Weston Hills Country Club, Windmill Lakes Estates, Windmill Ranch Estates
We had a very active month of home sales during June 2011. The Summer is the “hot” season for Weston since many people wants to move before the new school year starts.
We can notice a decrease in the proportion of distress sales compared with the same period last year. On May 2010 distress sales (short sales and foreclosures) represented 46% of all sales and this year only 22%.
For a Detailed list of Single Family Homes Sold In Weston on May 2011 click here
For detailed information of single family homes sold during the month of May by neighborhood read more… Read the rest of this entry »
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Weston Homes Sold on March 2011
April 10th, 2011 categories: Bonaventure, Country Isles, Emerald Estates, Isles at Weston, Market Update, Savanna, Tequesta, The Falls, The Islands, The Lakes, The Ridges, The Springs, Weston Hills Country Club, Windmill Ranch Estates
59 Homes Closed in Weston
In the last few months I have experienced being involved in multiple offers situations in most transactions…it’s a sign of either shortage of inventory and/or an early start of the spring and early summer high season for our area. We are still having a lot of issues with appraisals where we can notice that buyer’s offers being often higher than appraised values.
For detailed in formation a list of single family homes sold during the month of February read more…
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Weston, Florida Homes Sold on November 2010
January 11th, 2011 categories: Bonaventure, Country Isles, Emerald Estates, Isles at Weston, Market Update, North Lakes, Tequesta, The Falls, The Islands, The Lakes, The Landings, The Meadows, The Ridges, The Springs, Weston Hills Country Club, Windmill Ranch Estates
Short sales and REO’s are still a very important component of the Real Estate Market. but in Weston we can say that the number of regular sales is still very
Detailed list of properties sold in Weston on November 2010
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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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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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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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