This just in:
Residential real estate sales for the month of MAY in the following beach areas:
Indian Rocks Beach, Indian Shores, Belleair Beach/Sand Key
There were 43 sales, consisting of:
Condominiums- 26 sales
Single Family Homes - 13 sales
Townhomes- 4 sales
Average square footage = 1585
Average Beds/Baths = 2/2.5
Average list price = $455,081
Average sales price = $400,703
Sales price to List price ratio = 90%
Average Days on Market = 135
Number of properties that are on the beach side of Gulf Boulevard (NOT necessarily Gulf front views) = 24
High sale: $1,350,000 – Belleair Beach house- 4000+ sq ft
Low sale: $101,500 – Condo, Indian Shores
DISTRESSED SALES DATA:
There were 12 distressed sales, consisting of 7 short sales and 1 foreclosure (REO, Bank-owned)
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