Friday, November 20, 2009

Sales stats for October – Current prices of beach real estate

This just in:

Actually, not JUST in. I’ve had these stats for 10 days, activity is picking up and I’ve been showing a lot of property! I don’t need to look at the calendar to know it’s November- the “season” has begun!

Residential real estate sales for the month of October in the following beach areas:

Indian Rocks Beach, Indian Shores, Belleair Beach/Sand Key

There were 35 sales, consisting of:

Condominiums- 26 sales

Single Family Homes - 8 sales

Townhomes- 1 sale

Average square footage = 1559

Average Beds/Baths = 2/2.5

Average list price = $507,489

Average sales price = $449,366

Sales price to List price ratio = 91%

Average Days on Market = 204

Number of properties that are on the beach side of Gulf Boulevard (NOT necessarily Gulf front views) = 19

High sale: $2,750,000  - Single Family Home, Belleair Beach

Low sale: $95,000 – Condo, Indian Shores (Barefoot Beach Resort)

If you'd like to live here, full time or part-time, NOW is the time to buy!

www.MyPinellasParadise.com

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