Property Update Report by Kari A. Battaglia
For more information please call (941)-270-1851
The report summarizes listings sold, as well as active/pending listings for Jacaranda West. Listings summarized in the following table are based on information from the Mid Florida Regional MLS and/or other MLS Services. Properties sold were not all listed by Coldwell Banker Residential Real Estate and were listed by various MLS participating offices. Please note that For Sale By Owner properties are excluded because they often do not represent the full value of what they could sell for when properly priced and exposed to a greater number of qualified buyers through a professional real estate agent. The most recent listings sold are shown in more detail below as they represent the best indication of change in property values.
Summary of Solds for Jacaranda West
|
Sold Date
|
Address
|
Bed/Bath
|
List Price
|
Sold Price
|
% Diff List vs. Sold Price
|
Days On Market
|
|
01/28/10 1421 Lakeside Dr 3/2.1 $149,900 $147,000 -0.019% 14
02/12/10 1007 Betsy Ct 3/3 $195,000 $195,000 -0.0 % 20
02/19/10 1210 Lakeside Dr 2/2 $154,900 $145,000 -0.06% 33
03/01/10 1005 Squaw Valley 3/2 $289,000 $270,500 -0.06% 7
03/09/10 1261 Lakeside Dr 3/2.1 $170,000 $170,000 -0.0% 229
03/12/10 1722 Reef Ct 3/2 $249,000 $230,000 -0.07% 111
03/15/10 1723 N Gondola Ct* 3/3 $190,000 $175,000 -0.07% 91
03/26/10 1000 Betsy Ct 3/2 $245,000 $196,000 -0.2% 51
03/31/10 1011 Pine Forest** 3/2 $189,900 $163,118 -0.14% 90
03/31/10 2300 Bal Harbour 2/2 $199,500 $182,500 -0.08% 33
04/02/10 1118 Gretchen Ct 2/2 $154,900 $150,000 -0.03% 171
04/07/10 998 Gondola Ct** 2/2 $144,900 $150,000 +0.03% 29
04/12/10 1604 Cypress Point 3/2 $239,900 $228,000 -0.049% 73
05/14/10 1610 Lilliput Ct 3/2 $169,900 $160,000 -0.05% 58
05/19/10 1842 Raintree Ln 3/2 $239,900 $215,000 -0.10% 979
05/25/10 1290 Lakeside Dr* 4/2 $169,900 $155,000 - 0.08% 50
05/25/10 1930 Cove Point 2/2 $259,000 $252,500 -0.02% 184
05/26/10 1824 Ironwood** 3/2 $214,900 $205,000 -0.04% 28
5/27/10 1375 Cambridge 3/3 $194,900 $180,000 - 0.07% 175
05/27/10 1936 Innisbrook Ct 3/3 $345,000 $315,000 -0.086% 206
Summary of Activity for Jacaranda West
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Date Range
|
#Sold
|
Average Price
|
# Now For Sale
|
Average Price
|
#Under Contract
|
Average Price
|
01/11/10 - 05/28/10 20 $208,270 22 $244,227 9 $193,377
11/09/09 - 01/11/10 4 $224,300 17 $233,497 7 $171,671
09/09/09 - 11/09/09 8 $218,750 19 $248,297 9 $210,166
06/01/09 - 09/28/09 11 $213,263 13 $243,208 10 $187,250
01/01/09 - 05/31/09 6 $188,417 n/a n/a n/a n/a
06/01/08 - 12/31/08 12 $190,441 n/a n/a n/a n/a
Hurricane season is from June 1 to Nov 30th.. You might want to get ready as the experts are predicting very active season; the most active since 2005. "I think there are a lot of things on people's minds right now. We have issues in the economy. People are more concerned about putting food on the table right now, then building a hurricane kit. The reality is you live in Florida, it's a disaster that could happen here and you need to be ready," says Sarasota county Emergency Management Chief, Ed McCrane. BE PREPARED. If you would like a free copy of the City of Venice Hurricane Guide for 2010, just email me at Kari@KariBattaglia.com.
Venice/Englewood Area Real Estate Market Update April 2010
The first quarter results for the Venice/Englewood real estate market for 2010 are promising. We have seen a strong increase in properties going under contract, healthy increase in the number of homes sold each month and a steady decrease in the amount of properties available for sale. The number of homes for sale declined again for the month of April 2010, down 2.4% from March 2010: 3236 homes for sale to 3157 homes for sale. Pending sales are up again for the 4th month in a row, up 7.8% from March 2010: 593 properties pending to 639 properties pending in April 2010. Closed sales decreased for the first time since December 2009, down 8.3%, from 494 properties sold to 453 properties sold during the month of April 2010. Even though the number of homes available for sale in our area continues to decline, we are still in a Buyer's market. If you are considering selling your home, there are steps you can take to ensure a successful sale.
Home buyers unable to tap into a federal tax credit before it expired on April 30th are finding a consolation prize in mortgage rates, which dropped again to near-record lows. According to Freddie Mac, interest on 30-year fixed loans averaged 4.78% (week ending 5/28/2010) compared to 4.84 % the prior week, while the 15-year rate slipped to a new low of 4.21% from 4.24%. The near-record low mortgage rates seen during the past few weeks may not be around much longer though as signs of improving economic conditions could lead Federal Reserve Chair Ben Bernanke to raise key interest rates which could drive up mortgage rates.
Please give me a call me direct at 941-270-1851 if you have any questions about selling your home, answer any general questions about real estate that you may have or to schedule a free, confidential consultation.
Number of Homes for Sale/Sold/Pending in Venice/Englewood Areas Combined
Graph includes single family homes currently for sale/sold/pending in the Venice/Englewood areas combined. Properties sold may or may not be listed by Coldwell Banker Residential Real Estate and are listed by various MLS participating offices. Non-MLS properties are not included.
The accuracy of information in this report is dependent on aforementioned MLS System(s) for time periods specified and cannot be guaranteed. Some listings may have been marketed previously under a different listing agreement. *SHORT SALE, **REO/BANK OWNED PROPERTIES. For more information please visit www.JacarandaWest.info
Serving customers in Venice Florida, South Venice, Osprey, Nokomis Florida, Casey Key, Manasota Key, Englewood Florida, Rotonda West and North Port communities. Call me to list your home for sale, answer questions regarding steps you can take to AVOID FORECLOSURE or answer any general questions you may have about real estate.
Contact me by email at Kari@KariBattaglia.com. Need information fast, call me direct at 941-270-1851. Copyright©2011 by Kari A. Battaglia. All Rights Reserved.
www.FindVeniceFLHomes.com - FREE MLS Search, Buyers guide, Sellers guide, Community Info/Links
Please, whatever you do, don't go out and put $8000 worth of kitchen appliances on your Home Depot account BEFORE your loan closes.
Here are the rules for managing your financial life DURING THE PROCESS of making an application to buy a house:
Luxury homes sales in the Sarasota and Charlotte Counties for 2010 are promising. We are seeing a increase in properties going under contract, healthy increase in the number of properties sold and a steady decrease in the amount of properties available for sale, all indicators that the luxury real estate market is slowly headed towards a recovery. The numbers of luxury properties available for sale are declining, from 1058 properties in May 2009 to 839 properties in May 2010. Pending sales have increased almost 7% with 30 properties under contract. Closed sales increased from 26 properties in May of 2009 to 36 properties sold in May 2010 up over 38%.
