The number of homes sold in many Palm Beach Gardens country club communities are fewer in the first eight months of 2008 than they were for the same period in 2009 and prices in many of the communities continue to decline, according to statistics from the Regional Multiple Listing Service
It makes it a great opportunity for buyers to find that perfect new home at a price that is often less than the seller paid.
In Mirasol, for example homes sales are down 30 percent for the period January 1, 2009 through August 31, 2009 compared to the first eight months of 2008. In 2008 53 homes sold through August while in 2009 just 37 closed during the same period.
Averaging the closing price of each Mirasol home sold in the first eight months of 2008 shows a value of $261 per square foot. That number declined 12 percent in 2009 with an average of $232 per square foot for the 37 homes closed through August.
Today there are 117 homes for sale in Mirasol with 41 of them priced at or below $750,000 and 16 homes price at or below $600,000.
While sales figures throughout the Palm Beach Gardens area show hightened activity overall, most of the homes sold were priced at or below $350,000 with many taking advantage of the first time homebuyers $8000 tax credit.
The Weiss-Clawson Team keeps up to date on real estate market trends and prices throughout Palm Beach Gardens and Palm Beach County to provide the most up to date information to our clients.
If you are interested in homes in Mirasol or in any Palm Beach Gardens community, please contact The Weiss Clawson Team directly. We look forward to hearing from you and to working with you.
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