Sunday, September 19, 2010

Current sales stats – AUGUST 2010

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

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

There were 33 sales, consisting of:

Condominiums- 21 sales

Single Family Homes - 10 sales

Townhomes- 2 sales

Average square footage = 1696

Average Beds/Baths = 2/2

Average list price = $442,000

Average sales price = $404,000

Sales price to List price ratio = 92%

Average Days on Market = 84

Number of properties that are on the beach side of Gulf Boulevard (NOT necessarily Gulf front views) = 16

High sale: $850,000 – Utopia Condo - 2300+sq ft – direct Gulf front-pool- 28 lavish residences in this building.

High sale August 2010

Low sale: $122,000 – Condo, Indian Shores @  Barefoot Beach - 700+ sq ft!

Low sale August 2010

DISTRESSED SALES DATA:

There were 8 distressed sales, consisting of all short sales and 0 foreclosures (REO, Bank-owned)

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