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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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Weston Single Family Homes Sold: June 2010

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.

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Sales by Community:

Weston Homes Sold

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Picture 3 10-51-13

Picture 4 10-51-05

Picture 6 10-51-05

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Weston Florida Single Family Homes Sold on March 2010

Weston Single Family Homes Sold March 2010 by Type

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.

Detailed View of All Single Family Homes Sold in Weston on March 2010 (Data Obtained through MLS as of 4/7/2010)

Weston Hills Country Club

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The Ridges

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Savanna

SAVANNA HOMES SOLD MARCH 2010

Isles at Weston

Isles at Weston Homes Sold March 2010

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Weston Luxury Homes Sold in 2009 $700,000+

During 2010 in Weston 71 homes sold for $700,000 or more

It represents almost a 10% of all the homes sold in Weston (747 homes sold in 2009). Windmill Reserve is still selling directly from the Developer which means there may be other sales not reflected in the list.

The Communities in Weston with sales above $ 750,000 during 2009 are Windmill Ranch Estates, Windmill Reserve, Windmill Lake Estates, Weston Hills Country Club, The Landings, The Islands, Savanna and isles at Weston.

WINDMILL RANCH ESTATESWINDMILL RESERVE Read the rest of this entry »

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Market Update: Weston Homes-Closed Sales on October 2009

59 Single Family Homes Closed in Weston on October 2009

Sales by Development:

September 2009 Single Family Homes Market Update
August 2009 Single Family Homes Market Update

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