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Cape San Blas Real Estate Market Week In Review, July 19 - 25, 2008 - 07/27/08 03:15 PM
After creeping slowly upward for the past several weeks, the real estate inventory of active MLS listings for the Cape San Blas, Indian Pass and C-30 Corridor market finally showed a nice healthy drop this week, coming in at 455 total, down 27 from last week's 482, a nice 5.6% drop. The big change is in the number of lots, now at 271 (vs. 295), largely the result of an entire subdivision's 26 lots being withdrawn without explanation on Thursday (Red Fish Cove near Spinnaker just outside the state park on the Cape). We have three fewer homes competing against one another, with 184 vs. (0 comments)
Bank-Owned Indian Pass Lagoon Front Lot Slashed from$ 99,000 to $50,000 - 07/19/08 03:55 PM
Yes - you read that right. This just showed up on the MLS hot sheet minutes ago. Bank of America, which owns this lagoon front lot at Indian Pass, slashed the price today from $99,500 to only $50,000. This property last sold in December 2004 for $259,000 and the Gulf County Clerk of the Court transferred the Certificate of Title Deed over to Bank of America in August 2007. Measuring 75′ x 370′, or roughly 0.64 acres, it's located roughly 1 1/2 miles east of the Indian Pass Raw Bar, not too mention only minutes away from several boat launches, the white sandy beaches (0 comments)
Cape San Blas Real Estate Week In Review - July 12-18, 2008 - 07/19/08 02:09 PM
This has been the hottest week of the summer so far with daily forays into the 90's and only making it into the mid-80's at night - just like Florida in July. Fairly hot week in real estate, too, with two more sold, five new listings, thirteen new price tags and eight expired unsold. Virtually no change in the overall inventory, though, up two this week to 482, with 187 homes and 295 lots listed for sale between Cape San Blas, Indian Pass and the C-30 Scenic Corridor. As always, we'll start with dessert and look at our two sales first. Good (1 comments)
Cape San Blas Real Estate Week In Review - July 5-11, 2008 - 07/12/08 11:13 AM
Another busy week on the Cape with visitors out and about enjoying being on the beach and bay in the hot summer sunshine. The real estate market wasn't nearly as hot, though, with only one closing, one new contract, three new listings, an even dozen price changes and three expired unsold. None of this did much to alter the overall inventory which is up one this week to a total of 480, with 186 homes and 294 lots listed for sale in the MLS. Let's start with our lucky seller. This was a short sale on the 103′ by 400+/-' gulf front lot up in (0 comments)
Cape San Blas Real Estate Week In Review - June 28 - July 4, 2008 - 07/05/08 06:44 PM
Lots of visitors here this week as you'd expect for the long holiday weekend and the first weekend of scallop season. The weather has been great and everyone has been out on the beach or out on the water. If market activity is any indication, no one gave a thought to real estate, as there were no new contracts written. Our inventory inched up three to 479, with 184 homes and 295 lots (one less home and four more lots than last week). Only one sale this week, and we have nine new listings, twelve price changes, and thirteen expired unsold. (0 comments)
Ever wonder what’s the latest news from Cape San Blas? I know I did before I was able to move here full time in 1994.
I’ve set up this blog to be your eyes and ears on the Cape to keep you up-to-date on the latest happenings in real estate, local issues, and maybe even a smidgen of gossip from time to time. Feel free to let me know if there are specific issues you’d like me to address or if you have suggestions for improving this blog.
Disclaimer: ActiveRain Corp. does not necessarily endorse the real estate agents, loan officers and brokers listed on this site. These real estate profiles, blogs and blog entries are provided here as a courtesy to our visitors to help them make an informed decision when buying or selling a house. ActiveRain Corp. takes no responsibility for the content in these profiles, that are written by the members of this community.