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The single pending listing that closed in June, 8942 (2,338sf, sold for $450,000 or $192psf) came back on the market in July at $699,000 ($299psf); so someone is looking to make a quick turn. There was one other new listing, 8823 (1,595sf, priced at $415,000 or $260psf). There were 2 pendings in July, 99310 (1,485sf, listed at $239,000) actually closed for $239,000 ($121psf) on 31st July and the other, 99315 (1,698sf, listed at $200,000) sold for $180,000 ($106psf) and closed on 1st August. So, there are no pendings today, 2nd August. Maybe we’ll see more of this kind of bottom-fishing activity as prices continue to fall. The number of active listings fell by 6, as a result of more actives being withdrawn or expired than new entries. There are now 21 active listings (-6) priced between $151psf and $336psf. There have been 16 price reductions across today’s listings.
Michele is now fully up to date and she will continue to send you the Review every first of the month. Bob is fully licensed ‘til the end of the year, so please contact him if Michele is not available. Michele’s email is michelewatersrealestate
That’s the latest-now back to staying cool in the Florida heat!
