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Homes Sold in Weston,Florida on September 2010

Despite the end of the tax Credit Weston’s sales have been consistently active based on the time of the year. For Weston the Fall and The Winter are the low season for Real Estate Sales. There were 52 reported closed sales as of today during the month of September. Of those:

By Type of Transaction

Homes Sold in Weston by Type of Transaction

By Type of Financing

HOMES SOLD IN WESTON BY TYPE OF FINANCING ON SEPT 2010

By Community

Read the rest of this entry »

Written by Ines Garcia | Discussion: 3 Comments »

On Foreclosures? A Lot to Say…

Today the Sun-Sentinel had several articles about Foreclosures:

* As we all have experience it doesn’t seem that the Government Relief Programs for Homeowners are working as expected. It is very hard to qualify . Read Article about Mortgage Relief Programs.

*Interesting Map with the number of foreclosure fillings by zip code. You can notice that Weston,Pembroke Pines, SW Ranches and Cooper City are among the areas with less foreclosure fillings.

*Three of the major Law Firms handling Foreclosures in South Florida are under investigation.

Who know for how long the word FORECLOSURE will be around us as part of our everyday conversations!

Written by Ines Garcia | Discussion: No Comments »

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

Written by Ines Garcia | Discussion: No Comments »

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.

Picture 7

Sales by Community:

Weston Homes Sold

Picture 2 10-51-13

Picture 3 10-51-13

Picture 4 10-51-05

Picture 6 10-51-05

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Weston Homes for Sale and Sold-Real Estate Market Trends as of 2/1/2010

Weston Homes for Sale, Under Contract and Sold Janaury 2010

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.

Picture 2

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.

Written by Ines Garcia | Discussion: No Comments »

Isles at Weston Homes for Sale and Sold-Real Estate Market Trends as of 12/8/09

As of 12/8/2009 There are 24 Active Listings* in Isles at Weston

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

Written by Ines Garcia | Discussion: 1 Comment »

The Ridges at Weston Homes for Sale and Sold-Real Estate Market Trends as of 12/8/09

As of Dec. 08, 2009 there are 15 Active Listings in The Ridges*

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

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Nov. 2009-SF Weston Homes and TH/Condos Market Update

Single Family Homes Nov. 09

Weston,Fl. Single Family Homes Nov. 09

Months of Inventory based on PS= 1.23 months
Months of Inventory based on CS= 5.8 months

The percentage of Short Sales in PS status is extremely high, this number has been increasing as time goes by. The number of pending sales keeps piling up. If you compare it with August’s Data the change in the market is remarkable.

Weston Condos/TH Nov. 2009

Weston,Fl Condos/Town Homes Nov. 09

Months of Inventory based on PS= 1.3 months
Months of Inventory based on CS= 8.2 months

Active-Number of Properties for Sale
PS-Properties Under Contract/Pending Sales and in Back Up Status (Open to receive Back Up offers)
CS-Transactions Closed/Closed Sales

SS-Short Sales
REO-Foreclosures
REG-Regular Sales

Months of Inventory are calculated dividing Active between CS and PS
Under 6 Months=Seller’s Market
Between 6-9 Months=Balanced Market
More than 9 Months=Buyer’s Market

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

Written by Ines Garcia | Discussion: No Comments »

Weston Homes for Sale Listed in the Last 7 Days-Real Estate Market Update

Weston’s Single Family Homes Inventory Keeps Decreasing!

For a list of the Properties Listed in the last 7 days as of Oct 28,2009 click here.

How Weston’s single Family Home Market looks Today?

Active Listings: 320
Of those 103 (32%) are Short Sales and 7 are Foreclosures
There are 106 Homes for Sale under $ 400,000. 00, of those 54 (50%) are Short Sales

Closed Sales in the Last 30 Days: 63
Months of Inventory based on Closed Sales: 5
This indicates a low inventory and a Seller’s Market

Written by Ines Garcia | Discussion: No Comments »

How West Broward Real Estate Markets Compare?

West Broward Real Estate Market Comparison

West Broward Real Estate Market Comparison

The Real Estate Market in West Broward is definitely leaning towards being a balanced market. The long term trend is still uncertain. The summer is the most active time of the year for these neighborhoods but the performance year-to date sets a very positive trend. Compared to many other neighborhoods West Broward is doing very well.

Interestingly in Pembroke Pines West Months of Inventory based on the last 30 days Closed sales shows signs of being a Buyer’s Market. I know it sounds an overstatement but the numbers don’t lie. The percentage of Short sales Listings in all the area is still very high running from 34% to 50%. In most areas, except Weston, Short Sales represent more than 50% of the active inventory. Challenging as Short Sales are, whoever is looking to buy specially in the Lower prices will have to seriously consider going through the pains of a Short Sale Process.

Written by Ines Garcia | Discussion: No Comments »

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