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.

The more we hear about the housing crisis the higher the expectation of Buyers to buy “a steal”. The high end market in Weston (properties listed $800,000 and above) are not an exception. We have buyers who think they can offer 20% and 30% below asking price. As an exercise, we took all MLS closed sales in the last 6 months for Windmill Reserve, Windmill Ranch Estates, Windmill Lake Estates and Weston Hills Country Club.

As a Rule-of-Thumb we can say the average is 90%, in Windmill Ranch Estate there was one that closed at 63.16%  (a short sale) that skews all the data for that development. Of course the price to sell ratio if affected if the property was listed originally at an unrealistic asking price.

CLICK IMAGES BELOW TO ENLARGE

SS=Short Sale  REO=Foreclosure

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.

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…

INFORMATION OBTAINED THROUGH THE MULTIPLE LISTING SERVICE

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 buying or selling, please call us at (954) 588-7260 or contact us.

As of February 01, 2020 there are 318 Active Single Family Homes Listed in Weston,Fl

On the month of January, 2010 there were 32 Closed Sales
The proportion of Short Sales and regular sales have not changed much in the last few months.

For a detailed view of the Single Family Homes that closed in Weston on January 2010 click here.

If you want to compare with November and December activity you can read the related articles:
December 2009 Market Update
November 2009 Market Update

*Some Closed Sales may not be recorded yet in the MLS as of 2/1/2010

Thinking of selling your home? Now might be a good time to put it on the market when the inventory of great properties for sale is low. For a FREE market analysis of your property contact us.

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.

To stay updated with what’s going on in Weston and receive my blog posts directly to your inbox subscribe here.
Thinking of selling your home? Now might be a good time to put it on the market when the inventory of great properties for sale is low. For a FREE market analysis of your property contact me.