Archive for the 'The Springs' 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 March 2012
April 10th, 2012 categories: Bonaventure, Country Isles, Emerald Estates, Isles at Weston, Market Update, San Messina, Savanna, The Falls, The Islands, The Lakes, The Springs, Weston Hills Country Club, Windmill Ranch Estates, Windmill Reserve
Weston’s Real Estate Market Keeps Being HOT!
In the month of March we had … SFH Closed, it is a significant number considering we are not in the peak season of the market. Homes for sale keep going down and well priced properties in good conditions may get multiple offers. We have been swinging between a balanced market and a sellers market for the lowest price ranges for several months now. (A Balanced market is when we have between 6 and 9 months of inventory based on Closed Sales).
There was an unusual number of Foreclosures and the percentage of distressed sales (40%) is slightly higher than in the last few months which the average has been around 35%.
Total Homes Closed on March 2012 59
By Type of Financing
By Type of Transaction
To read detailed information of Weston’s Market Trends and Weston Single Family Homes sold by community click read more…
Closed Sales by Community
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Single Family Homes Sold in Weston During February 2012
March 7th, 2012 categories: Country Isles, Emerald Estates, Isles at Weston, Savanna, Sunrise, The Falls, The Islands, The Lakes, The Landings, The Ridges, The Springs, Weston Hills Country Club, Windmill Lakes Estates
41 TOTAL SINGLE FAMILY HOMES SOLD IN WESTON DURING FEBRUARY 2012
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… Read the rest of this entry »
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Weston Single Family Homes Sold During January 2012
February 8th, 2012 categories: Bonaventure, Country Isles, Emerald Estates, Isles at Weston, San Messina, San Remo, San Sebastian, Savanna, Sunrise, The Falls, The Islands, The Lakes, The Meadows, The Ridges, The Springs, Weston Hills Country Club, Windmill Lakes Estates
58 TOTAL SINGLE FAMILY HOMES SOLD IN WESTON DURING JANUARY 2012
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…
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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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If you are interested in finding how much your home is worth, please call us at (954) 588-7260 or contact us.
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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 September 2011
October 13th, 2011 categories: Bonaventure, Country Isles, Emerald Estates, Emerald Isles, Isles at Weston, San Messina, Savanna, Sunrise, The Falls, The Islands, The Lakes, The Landings, The Meadows, The Ridges, The Springs, Weston Hills Country Club, Windmill Ranch Estates
64 Homes Closed in Weston on September 2011
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.
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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.
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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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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
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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 May 2011
June 5th, 2011 categories: Bonaventure, Country Isles, Isles at Weston, Market Update, San Messina, San Sebastian, Savanna, The Islands, The Lakes, The Landings, The Meadows, The Ridges, The Springs, Weston Hills Country Club, Windmill Ranch Estates
For detailed in formation a list of single family homes sold during the month of May read more… Read the rest of this entry »
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