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Archive for August, 2009

Weston Single Family Home Sales – July 2009

Sunday, August 16th, 2009
SUBDIVISIONLIST $SALE $DOMLA$/SQ. FT.BRFBHBGARWFPOOL
BONAVENTURE
16740 WATERS EDGE DR$380,000 $370,000 2072811$1324212YY
16280 LA COSTA DR$214,500 $220,900 503202YN
COUNTRY ISLES
1621 NEWPORT LN$379,000 $350,000 72111$1664212NY
2295 COLUMBIA$325,000 $300,000 1052276$1324212YN
2310 DOVER$299,000 $265,000 751800$1474201NN
1401 SEAGRAPE CR$235,000 $227,000 31314$1733201NN
1347 SEAGRAPE CR$250,000 $242,000 2091452$1673201NN
1531 GARDEN RD$230,000 $215,000 141482$1453201NN
EMERALD COURTS/ESTATES
4013 TURQUOISE TR$399,000 $355,000 592997$1184302NN
16210 OPAL CREEK DR$245,000 $245,000 2331867$1314202NN
HIBISCUS ISLAND
1224 BAYVIEW CR$349,900 $330,000 003202YN
1480 SEABAY RD$325,000 $275,000 51860$1483202YN
JASMINE ISLAND
1344 GINGER CR$499,000 $440,000 622798$1575302NY
NORTH LAKES>b>
715 FALLING WATER RD$289,000 $250,000 511512$1653202NN
PALM ISLAND
465 ALEXANDRA CR$549,900 $524,900 73969$1326413NY
SAN MATEO
2146 ENSENADA TE$180,000 $180,000 1531805$1003211NN
SAN REMO
451 TALAVERA RD$215,000 $215,000 1301542$1393202NN
SAN SEBASTIAN
1606 MIRA VIST CR$249,000 $235,000 121390$1693202NN
SAVANNA
1188 PEREGRINE WY$659,900 $552,707 254014$1385503YY
898 TULIP CR$499,000 $445,000 8233130$1424402YN
1108 WATERSIDE CR$475,000 $437,750 203006$1465302NN
826 TULIP CR$394,900 $380,000 71940$1964202YN
856 NANDINA DR$348,500 $375,000 405302NN
949 BLUEWOOD TE$359,900 $340,000 602336$1464202NN
1326 CROTON CT$319,000 $325,000 382242$1454212NN
446 CONSERVATION DR$299,900 $300,000 5305402YN
1812 ASPEN LN$309,900 $292,000 431936$1513202NN
1034 GOLDEN CANE DR$300,000 $290,000 3092226$1304212NN
492 FISHTAIL TE$269,000 $258,000 03202NN
1341 SABAL TR$259,000 $250,000 71390$1803202NN
1396 SABAL TR$255,000 $230,000 411533$1503202NN
1409 SABAL TR$259,900 $225,000 451390$1623202NN
SUNSET SPRINGS
833 HAMPTON CT$415,000 $393,000 942370$1663212YY
TEQUESTA
1072 TWIN BRANCH LN$430,777 $410,000 142946$1394302NY
1106 WATERBROOK LN$385,000 $365,000 284302YY
THE FALLS
588 SLIPPERY ROCK RD$399,000 $359,000 82735$1314212NN
525 SLIPPERY ROCK RD$309,000 $334,000 152434$1374212NY
656 CASCADE FALLS DR$339,000 $325,000 31857$1753212YN
THE ISLES AT WESTON
19498 S COQUINA WY$899,000 $840,000 105812$1456413YY
3953 W GARDENIA AV$489,900 $455,000 562950$1545312YN
4159 CASCADE TERRACE$415,000 $427,450 6492945$1455402NN
4361 W WHITEWATER AV$449,000 $390,000 192475$1584302NN
THE MEADOWS
1011 FAIRFIELD MEADOWS DR$499,900 $482,500 202944$1645312NY
856 CRESTVIEW CR$478,950 $475,000 73670$1295402NY
1054 FAIRFIELD MEADOWS DR$499,900 $435,000 153121$1395303YN
1105 BIRCHWOOD RD$350,000 $335,000 62563$1314212NN
THE RIDGES
3863 FALCON RIDGE CR$509,900 $475,000 1423403$1406403NN
3765 HERON RIDGE LN$450,000 $450,000 32989$1514312NY
3924 HERON RIDGE LN$475,000 $435,000 52715$1604212YY
4257 LAUREL RIDGE CR$419,000 $375,000 2712520$1494302YN
4345 FOX RIDGE DR$379,900 $360,000 1322116$1704212NN
4140 PALMETTO TR$365,000 $350,000 742320$1514212NN
4197 LAUREL RIDGE CR$330,000 $330,000 21883$1754212YN
4322 FOXTAIL LN$329,999 $280,000 151925$1453202NY
4282 GREENBRIAR LN$265,000 $245,000 91390$1763202NN
4250 GREENBRIAR LN$239,000 $235,000 81759$1343202NN
WESTON HILLS
2542 ROYAL PALM WY$1,550,000 $1,425,000 2614578$3115513NY
2525 POINCIANA DR$1,299,000 $1,225,000 1205503YY
2477 POINCIANA DR$1,174,123 $1,050,000 144174$2525333NY
2908 BIRKDALE$1,125,000 $980,000 1434444$2214423NY
2663 RIVIERA MNR$1,175,000 $942,000 1323967$2375323YY
1405 VICTORIA ISLE DR$899,000 $835,000 104966$1686513NY
2516 MONTCLAIRE CR$877,777 $775,000 703715$2095313YY
2529 MONTEREY CT$789,000 $770,000 493672$2106313NY
2497 PRINCETON CT$799,000 $765,000 3534370$1757513NY
2522 MONTCLAIRE CR$849,900 $715,000 2705303YY
2437 EAGLE RUN WY$725,000 $712,500 504361$1637503NY
2581 JARDIN CT$695,000 $650,000 483580$1825403YY
2564 EAGLE RUN LN$700,000 $645,000 353466$1866313YY
2451 EAGLE RUN DR$675,000 $637,500 72903$2204303NY
1881 HARBOR VIEW CR$659,000 $628,000 1803603$1745313YY
2558 EAGLE RUN LN$629,000 $595,000 912837$2104303NY
2541 JARDIN LN$548,500 $515,000 422742$1884302YN
2577 JARDIN CT$525,000 $482,500 412762$1754312NY
WINDMILL RANCH ESTATES
3025 SORREL CT$1,699,000 $1,550,000 675086$3055313YY
2855 PADDOCK RD$1,350,000 $1,200,000 954200$2864413YY

Have we reached the bottom of the real estate market in Weston?

Thursday, August 13th, 2009

If not, we think we are getting very close.                                                                                                          ,

During the big run up in homes prices between 2004-2006, inventory was at extremely low levels and demand was very high. At the beginning of April 2005, only 1.1 months of inventory was available, with only 119 homes for sale. That means that if homes sold at the same rate of sale as the previous month, it would take 1.1 months to deplete the inventory. At the beginning of August 2009, only 356 single family homes were active on the market, down from 674 from the previous year, a decrease of 47.1%.

Months of Inventory of single family homes in Weston is now at 6.4 months of supply, determined by dividing the previous month’s sales (56) into the current inventory (356). As Realtors®, we like to see inventory levels at around 6 months of supply. At that level, inventory becomes more balanced between Buyers and Sellers.

If you are thinking about selling your home, now might the perfect time to put your home on the market. Inventory is shrinking, mortgage rates are still at historic lows, and first time home buyers can still take advantage of the $8,000 first time home buyer credit from the federal government.  The buyers are out there. They want to buy but are having a difficult time finding the right home that meets their needs.

 

Statistics are from the Multiple Listing Service. Information is believed accurate but not warranted.

 

Brand New Listing at The Palace at Weston

Thursday, August 13th, 2009

Luxurious ground floor Unit “A” offers at The Palace at Weston boasts over 1800′ sq of living area, with 2BR/2.5BA plus Family Room and Den. Oversized tile throughout the Living Area and bedrooms. Spacious kitchen with eat-in breakfast area, 42″ wood cabinets, stainless steel appliances, granite counters & backsplash. Master Bedroom has 2 walk-in closets. Master Bathroom has separate shower and Jacuzzi tub, granite counters & undermounted sink .Crown molding in all rooms. Hurrican impact glass. Double storage unit included.

The property is a short sale and is currently listed for sale at $280,000.



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