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

SS= Short Sales
REO= Foreclosures

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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.

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

Detailed list of Homes Sold in Weston on December 2010

Unless you have been living in a Bubble or too Busy getting your kids back to school you have heard terrible news about the economy and the housing Market.I understand that the only way to look at trends is with bulk numbers but when you hear the news you have to make sure you take a closer look before getting anxious.

It’s true the Real Estate Market is very sensitive to perceptions but numbers don’t lie and you have to look at the Sub-Markets and draw your own conclusions…

This Graph represents the behavior of the Single Family Home Market of properties priced Under 500K. Invetories have increased a little and closed sales decreased. As you can see closed sales have erratically moved in the last 15 months but except from the months prior to the two tax credit expiration deadlines pending sales have been trending up.

One of the numbers we follow closely, more than increase or decrease of units sold, to determine how healthy is the market would be is the relationship between homes for sale and homes pending/sold. Based on this criteria in the last 15 months Weston has been swinging between a balanced market and a seller’s market with less than 6 months of Inventory. You can ask anyone who has been in the market buying properties in Weston under $500,000 how many times they competed against other offers.

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 call me at (954) 588-7260 or contact me

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

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

The Ridges

Savanna

Isles at Weston

The Landings

The Meadows

The Springs

The Islands

The Lakes

Country Isles

Bonaventure

Coral Harbour

Tequesta

The Falls

Emerald Courts

San Remo

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.

To stay updated with what’s going on in Weston and receive my blog posts directly to your inbox subscribe here.

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.

Of the Active Listings:
6 are Short Sales
There are not any Foreclosed Homes
Prices range from $399,000.00 to 1,099,000.00

On the month of November 2009 there were 2 Closed Sales
Both were Short Sales
Prices range from $380,000.00 To $407,000.00

For a detailed list of Properties for Sale and Closed click here

*The list gets updated in real time so you may see some properties with a different status by the time you open the link

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.
To stay updated with what’s going on in Weston and receive my blog posts directly to your inbox subscribe here.

Related Article: Nov. 2009 Weston’s Real Estate Market Update

Of the Active Listings:

6 are Short Sales
1 is a Foreclosed Homes
Prices range from $249,000.00 to $580,000.00

On the month of November there were 5 Closed Sales
2 were Short Sales
1 was a Foreclosed Homes
Prices range from $236,000.00 to $500,000.00

For a detailed list of Properties for Sale and Closed click here

*The list gets updated in real time so you may see some properties with a different status by the time you open the link

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.
To stay updated with what’s going on in Weston and receive my blog posts directly to your inbox subscribe here.

Related Article:
November 2009 Weston’s Market Update

There were 76 Closings in July:
11 Short Sale (SS)
5 Foreclosures (REO)
60 Regular Sales

1 Under $199,999.00
43 Between $200,000.00 and $399,999.00
32 Over $400,000.00

Click here to view the embedded video.

Condos/Townhomes:

There were 20 Closings in July:
5 Short Sale (SS)
4 Foreclosures (REO)
11 Regular Sales

2 Under $199,999.00
13 Between $200,000.00 and $399,999.00
5 Over $400,000.00

Click here to view the embedded video.

There were 40 Closings in July:
5 Short Sale (SS)
10 Foreclosures (REO)
25 Regular Sales

2 Under $199,999.00
33 Between $200,000.00 and $399,999.00
5 Over $400,000.00

Single Family Homes East of I-75:

There were 63 Closings in July:
12 Short Sale (SS)
15 Foreclosures (REO)
46 Regular Sales

24 Under $199,999.00
34 Between $200,000.00 and $399,999.00
5 Over $400,000.00

Click here to view the embedded video.