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.

To stay updated with what’s going on in the Real Estate Market and receive our blog posts directly to your in box subscribe here.
If you are interested in finding how much your home is worth, please call us at (954) 588-7260 or contact us.

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

SS= Short Sales
REO= Foreclosures

Source: MLS and Trendgraphix. The data is provided for informative purposes and doesn’t imply that the authors were involved directly  in these transactions.

Weston’s Real Estate Market has been moving consistently for the last year.  We ended the month of February with the lowest number of homes for sale we have had since 2004 with under 300 homes for sale in Weston…

We have also noticed a decrease in the percentage of CASH transactions representing only slightly over 20% compared to the times where they represented over 30% of all transactions. The trend in the percentage of distressed sales (short sales and foreclosures) has been steady for many months now.

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

WESTON HOMES SOLD BY COMMUNITY

SS= Short Sales
REO= Foreclosures

To stay updated with what’s going on in the Real Estate Market and receive our blog posts directly to your in box subscribe here.
If you are interested in finding how much your home is worth, please call us at (954) 588-7260 or contact us.

Source: MLS and Trendgraphix. The data is provided for informative purposes and doesn’t imply that the authors were involved directly  in these transactions.

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…

HOMES SOLD BY COMMUNITY

To stay updated with what’s going on in the Real Estate Market and receive our blog posts directly to your in box subscribe here.
If you are interested in finding how much your home is worth, please call us at (954) 588-7260 or contact us.

Source: MLS and Trendgraphix. The information is provided for informative purposes and doesn’t imply that the authors were involved directly  in these transactions.

5 Bedroom                     3 + 1/2 Baths

Lakefront                       Pool

Almost SF 13,000 Lot

REMODELED & FENG SHUI BALANCED BY PROFESSIONAL DESIGNER… OVER $120,000 WORTH OF UPGRADES AND FIXTURES. FEEL HOW THE ENERGY FLOWS IN THIS OPEN FLOOR PLAN! NEW ITALIAN STYLE KITCHEN, TWO BATHS RENOVATED WITH SIGNATURE FIXTURES & APPLIANCES (SEE LIST OF FEATURES IN ATTACHMENTS). DESIGNER ACCENTS ALL AROUND! MASTER BR HAS PLENTY OF CLOSETS & STORAGE WITH SPACE FOR SITTING AREA, GYM OR OFFICE. WOOD DECK, FENCED BACKYARD, OVERSIZED PIE SHAPED LOT ON QUIET CUL-DE-SAC OVERLOOKING LAKE. FIFTH BEDROOM IS A DEN.

To stay updated with what’s going on in the Real Estate Market and receive my blog posts directly to your in box subscribe here.
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.

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.

To stay updated with what’s going on in the Real Estate Market and receive our blog posts directly to your in box subscribe here.
If you are interested in finding how much your home is worth, please call us at (954) 588-7260 or contact us.

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…

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

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.

To stay updated with what’s going on in the Real Estate Market and receive my blog posts directly to your in box subscribe here.
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.

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:

To stay updated with what’s going on in the Real Estate Market and receive my blog posts directly to your in box subscribe here.
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.

Information obtained through the Multiple Listing Service

*OFFERED AT $ 350,000.00

*4 BEDROOM & 2 1/2 BATHS

*TOTAL AREA: SF 1954

*LIVING AREA: SF 1812

*UPGRADED KITCHEN WITH STAINLESS STEEL APPLIANCES,

*NEWER WASHER,DRYER AND WATER HEATER

*TILED LIVING AREAS AND TILED PATIO

*NEW CARPETS IN BEDROOMS AND LAMINATE IN STAIRS

*VERY PRIVATE, NICE SIZED BACKYARD WITH GROWN HEDGES

*ACCORDION SHUTTERS IN SECOND FLOOR

To stay updated with what’s going on in the Real Estate Market and receive my blog posts directly to your in box subscribe here.
If you are interested in visiting this home or to find how much your home is worth, please call me at (954) 588-7260 or contact us.