Safety Harbor Florida Market Report - November 2011
There were 6 single family homes that closed in Safety Harbor Florida during November 2011. On the high end was a 4 bedroom 4 bath 4285 sq ft pool home with beautiful maple cabinetry. This beautiful Creekside short sale home was listed at $599,000 and sold after 303 days on the market for $515,000.
On the lower end is a 1 bedroom 1 bath 912 sq ft bank owned home. Listed at $76,900, this little home closed after 452 days on the market for $74,800.
In the category of townhomes, villas and condos we start off with a 3 bedroom 2.5 bath 1955 sq ft townhome in Harbor Crest. This short sale was listed and sold for 170k after being on the market for 570 days.
At the other end of this short list of 4 closings in this category we find a 2 bedroom 1 bath 880 sq ft condo in Yorktown of Beacon Place. This little short sale condo was listed at $59,900 and closed after 515 days on the market for $48,000.
The homes and condos listed in this report are an excellent example of WHY so many buyers are not dealing with short sales and bank owned properties. Almost all of my clients ask me about short sales and bank owned. After hearing about the process and looking at some market reports, most decide they do NOT want to deal with it! They choose regular listings that can close quickly! If I was buying, I would be doing the same thing.
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