Dunedin Florida Market Report - December 2011
There were 30 single family homes that closed in Dunedin Florida during the last month of 2011. They ranged as follows:
At the high end was a 4 bedroom 3 bath 2935 sq ft home that listed for $349,000 and sold after 84 days for the list price.
On the other end of this list of 30 homes we find a 3 bedroom 2 bath 1520 sq ft bank owned home that was listed for $44,900 and sold after 48 days on the market for $55,000.
Average time on the market was 119 days
In the group townhomes, villas and condos there were 24 sales. These ranged from a high of $289,900 for a 2 bedroom 2 bath 1365 sq ft condo that sold after 62 days on the market for $230,000 down to a 2 bedroom 1 bath bank owned condo. This 725 sq ft condo was listed at $28,900 and sold after 82 days on the market for $22,500.
Average time on the market was 104 days
From the average time on the market for both single family homes and condos we see that the market is indeed picking up again. Closings are taking place faster and the time it takes to sell is drastically reduced. That is good news for the local economy down here in Dunedin Florida.
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