west pasco: Homes For Sale in West Pasco, Florida & June 2010 Single Family Market Report - 08/10/10 07:54 PM
Homes For Sale in West Pasco, Florida & June 2010 Single Family Market Report 365 Single Family homes sold in June 2010 with an average 89 days on the market With a Low Sold Price of $19,000 - ARE YOU KIDDING ME? and High Sold Price of $640,000 - Still no action in the high end market Average Sold Price of $119,138 - Housing is very affordable and rates are very low too Compared to June 2009: Average Sold Price declined -13% year over year - no surprise given the 13% unemployment Number of homes sold is up +10% year over year - yet the buyers … (0 comments)
west pasco: West Pasco County, Florida Active Adult market report - 08/05/10 08:56 PM
West Pasco County, Florida Active Adult market report This market update has to do with the entire West Pasco County, Florida Active Adult market area. Houses, villas, mobiles, etc...
That runs from northern county line to southern county line and includes all properties West of US 41 ( roughly the Suncoast pkwy.) Today there are 525 55+ units available for sale ( offered from $19.5k - 389k ) 33 55+ units under contract currently (appx. 11/mo = 47 months inventory ) 36 55+ units sold in the last 90 days … (0 comments)
Also despite the Post-Snowbird season anemic numbers, There also appears to be just under one years inventory in the Distressed Active Adult market, just like the rest of the market. Another surprise was the low amount of Distressed Properties on the market percentage wise. The broader market of Actives & Solds typically are one third Distressed Properties, whereas on … (0 comments)
west pasco: West Pasco County, Florida Single Family First Quarter Market Report - 04/23/10 08:29 PM
✽ West Pasco County, Florida Single Family First Quarter Market Report ✽ Well given the reports I have posted on the previous months this year, there rally is no surprised here, and in fact the shapes sure are starting to look the same. By Dividing the number of homes for sale, by the number of homes sold in the First Quarter you get how many months of inventory are on the market. At the rate of current sales, there is ~10 1/2 months. So excluding any new homes coming on the market, it would take 10 months to sell all the current inventory. But since … (4 comments)
west pasco: Things are looking up in the West Pasco Real Estate Market Report for March 2010 - 04/18/10 04:49 PM
Things are looking up in the West Pasco Real Estate Market Report for March 2010 Well wish it was better news but lets see what the trend is. We now have 8 months inventory in West Pasco Real Estate. and as you can see we have a nice range of prices to chose from here. Seems as the inventory goes up, so does the number of Days on Market (DOM), unless you priced it right, than it sells on average in ~90 days, as has been the case down here for some time. Unless you are a 7 figure home. There are 16 … (5 comments)
West Pasco, Florida Single Family Market Report February 2010
Well according to this chart below the market has 12 months inventory. That is an increase from what has been 10 months for a good portion of 2009. This is occurring, due in part to the holiday season as well as the extra cold winter we had this year. Not to mention the Economy as well. We have gone down from typically around 300 closings per month, down to around 200. So despite the decrease in inventory, the amount of months to … (2 comments)
west pasco: West Pasco County, Florida 08 vs. 09 Real Estate comparison - 01/11/10 05:16 PM
West Pasco County, Florida 08 vs. 09 Real Estate comparison Unlike most other reports I blog, these Statistics include ALL Residential Property Sales: Single Family Homes, Townhomes, Condos & Mobile Homes.
in 2008 there were 3509 Closed deals in West Pasco in the following ranges
now first issue with this is the -72 days on market for a low. So a home sold 72 days before it was listed in MLS? I do not think so. It is not the only glitch, but I will look into it and try to get clarification. So I reached out to the … (7 comments)
west pasco: West Pasco County, Florida Single Family Distressed Market Update - 12/10/09 05:02 PM
West Pasco County, Florida Single Family Distressed Market Update Well one good thing is that inventory levels continue to drop in West Pasco. We are down to just over 9.2 months of inventory on the market. That being said, the number of homes in each category has dropped compared to last month. So there is less Inventory on the market, but there are less homes under contract and less homes selling in November 2009
In the graph below you will see the breakdown of the above chart into normal listings and Single Family Residences that are in some form … (0 comments)
west pasco: Hudson, Port Richey, New Port Richey, Holiday, Trinity & West Pasco Florida Total Real Estate Market for 2009 3rd Quarter - 10/03/09 06:22 PM
Hudson, Port Richey, New Port Richey, Holiday, Trinity & West Pasco Florida Total Real Estate Market for 2009 3rd Quarter Here you can see what occurred in West Pasco County Florida Real Estate from July 1st, 2009 through September 30th, 2009 This includes Single Family Residences, Townhomes, Condos & Mobile Homes Approximately from County Line To County Line and from CR-41 to the Gulf of Mexico
Here you can see what occurred in Hudson, Florida Real Estate from July 1st, 2009 through September 30th, 2009 This includes Single Family Residences, Townhomes, Condos & Mobile Homes
Here … (2 comments)
west pasco: West Pasco, Florida's Distressed Real Estate Market: Currently available Short sales, Foreclosures and Bank owned properties - 09/05/09 10:38 PM
West Pasco, Florida's Distressed Real Estate Market: Currently available Short sales, Foreclosures and Bank owned properties If you are looking for great deals in Real Estate, than the Distressed Real Estate Market would be a good place to start. Prices have collapsed in the West Pasco Real Estate Market. This Hudson, Florida Realtor has been shocked at some of the price declines. One subdivision that has been a Farming Area is Country Club Estates. It went from $45k to $133k at the peak, to $45k again. A triple to a zero net gain in but a couple of years. So if … (0 comments)
Well this Hudson, Florida Realtor was at first very discouraged at seeing these Charts I created using data from The West Pasco Board of Realtors MLS site. The first thing that jumped out at me in these charts was how many more homes are under contract than closed in August 2009. Now do not read too much into that. I think that has alot to do with Distressed Homes (Short Sales.) You see a normal property in Florida closes in about a month. However, some banks have been … (0 comments)
Overall Market Snapshot Overall Inventory levels have dropped, but so has the Number of homes selling. But everybody is getting ready to go back, or already is back to school. The amount of properties sold that were distressed has dropped.
Sorry about following up on July 2009 Real Estate Market Report so late, but there has been a lot of transition going on in my office. What I see in the chart above is not the best of news for sellers, but is great news for Buyers, especially if you are a cash buyer. People are having hard times getting financed for Townhomes these days. And with the 30% required down payment on Condo's the market for them is in the tank as well. To break it down, in … (5 comments)
west pasco: July's West Pasco Real Estate Market Snapshot by a Hudson Florida Realtor - 08/02/09 03:40 PM
July's West Pasco Real Estate Market Snapshot by a Hudson Florida Realtor For the month of June 291 Units were sold. There are currently 852 properties under Contract and a total of 3575 Active Listings. Prices ranged from $15,000 to $2,195,000, quite the broad county we have. Of the 3575 Active Listings 786 were in some stage of foreclosure (22% of the market) of the 852 properties under Contract, 425 of them are were in some stage of foreclosure (50% of the market) But what really tells the tale is the sold properties. Of the 291 sold units 91 were in some … (0 comments)
west pasco: When Bad is Good in Hudson, Florida Real Estate *SCRATCHES HEAD* - 07/10/09 02:35 PM
When Bad is Good in Hudson, Florida Real Estate *SCRATCHES HEAD* begin rant So i was just perusing my FAR daily Email blast only to see a little link towards the bottom about Pasco County real estate ( where I work and live) As some of you may know, from reading previous blogs by me, we have had a bit of a bad time here, probably worse than most places. So needless to say I was pretty excited to see Pasco County: Property values beat expectations I jumped right on it to find out what happened, how had the market turned, … (0 comments)
west pasco: Pasco County Waterfront Market Report from a Hudson, Florida Real Estate Agent - 07/01/09 04:35 PM
Currently there are 281 homes on the water with Gulf Access in Pasco County for sale. But there are only 34 Under Contract. Whereas only 93 have closed year to date, which equals out to an average of 15/month or 1 every other day. Which puts us pretty close to 18 months inventory on the market Actives in some stage of foreclosure account for 62 of the 281 homes (16%) Houses under contract but in some stage of foreclosure account for 19 of the 34 (56%) of all the homes sold this year the ones in some stage of foreclosure account … (0 comments)
west pasco: West Pasco, Florida Mid Year Real Estate Market Report - 07/01/09 03:43 PM
3632 units are currently for sale in West Pasco, Florida and there are 830 units under contract but only 1939 units sold year to date so that comes out to about 10 months inventory. At least it is under a year But lets Break that down for a better view of things SFR Currenlty there are 2681 Single Family Homes on the market. Now of the 830 units currently under contract 732 of them are Single Family Homes. Not a good time to be selling a condo or mobile. 1630 Single Family Homes closed in the first half of the year which equates to about 1 years inventory. So i expect … (0 comments)
Via Shannon Lefevre Naples, Florida CRS (John R. Wood REALTORS Inc.): When one of Florida's top economists stated that Naples had bounced last fall, I distinctly remembered thinking...oh really...how the heck do you know. I was hesitant to be overly skeptical due to the fact that I was in complete disbelief when chirps about the Naples Florida market bouncing a few years ago came without even a hint … (2 comments)
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Homes For Sale in West Pasco, Florida & June 2010 Single Family Market Report
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