North Port FL Real Estate Market Report – November 2012
Potential buyers and sellers, make sure you read the North Port FL real estate market report – November 2012 provided by Kwee Huset Realty before you take any action, either buying or selling your property.
As the weather cools down the home sales in Southwest Florida are heating up.
There were 148 properties sold in November 2012. 29 properties were bank owned, 29 short sale and 90 were regular resale. 107 transactions were paid by cash, 23 conventional loans, 12 FHA loans, 1 VA loan and 5 other.
The median sold price for bank owned has increased by 35.33% - $100,150 in November 2012 compared to the same month in 2011 for $74,000.
To view Bank owned properties for sale in North Port FL
Bank Owned properties:
Median sold price $100,150
Median list price for sale $109,900
Median sold price to list price ratio 98%
Median days on market 44
The median sold price for short sale went down 2.79% - $85,000 in November 2012 compared to November 2011 for $87,446
Check out the Short Sale homes for sale in North Port FL
Short sale properties:
Median sold price $85,000
Median list price for sale $89,000
Median sold price to list price ratio 95%
Median days on market 85
The median sold price for regular resale has increased by 14.15% - $123,458 in November 2012 compared to $108,150 in the same month of 2011
Check out the regular resale homes for sale in North Port FL
Regular resale properties:
Median sold price $123,458
Median list price for sale $129,700
Median sold price to list price ratio 95%
Median days on market 31
Price depends on the location, size of land, amenities of community, pool & condition of the property (handyman, move in condition, kind of floor, updated kitchen/bathroom, air conditioner, type and age of roof, etc.)
Related posts:
North Port FL Real Estate Market Reports – September 2012
North Port FL last 3 years Real Estate Market Report for 8/2012
North Port Florida Market Report Zip Code 34288 – July 2012
North Port FL Real Estate Market Reports – June 2012
North Port FL Real Estate Market Reports – May 2012
North Port FL Real Estate Market Reports – March 2012
North Port FL Real Estate Market Reports – February 2012
North Port FL Real Estate Market Reports - January 2012
Based on information from the My Florida Regional Multiple Listing Service, Inc. for the period mentioned above as on December 29, 2012. This information may or may not include all listed expired, withdrawn, pending or sold properties of one or more members of the My Florida Regional Multiple Listing Service".
MFRMLS, Inc. Information deemed reliable but not guaranteed. Parties are advised to verify.
North Port FL Real Estate Market Report – November 2012
Thinking of buying or selling in the North Port area? Pick up the phone and call me at 941-716-3090.
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