palmetto bay: Palmetto Bay Real Estate April 2018 Market Update
- 05/22/18 08:41 AM
The Palmetto Bay April 2018 real estate market was more active than the previous month of March. 30 homes sold for a total sales volume of $17,925,900. 25 properties went under contract and a 53 new listings came to market. As of early May 2018, there are 180 homes for sale in Palmetto Bay. In April of 2017 there were 48 homes listed for sale. There were 17 closed sales and 24 pending sales in April 2017 as well. In early May of last year there were 172 homes listed for sale. For Sale vs. SoldOne of the first numbers to look at … (0 comments)
palmetto bay: Palmetto Bay 2017 First Quarter Sales
- 05/09/17 11:56 AM
PALMETTO BAY FIRST QUARTER SALES REPORTPalmetto Bay had a fantastic first quarter of sales. In fact, in was the best first quarter in over 10 years! Between January 1st and March 31 there were 80 home sales for a total sales volume of $47,380,125. TOTAL SALES VOLUMEDuring the first three months of the year there was a total sales volume of $47,380,125. That amount is $10 million more than the first quarter of 2016. The total sales volume is slightly more than 25% of the total sales volume for Palmetto Bay in 2016 [read more on that here]. At this sales pace, Palmetto … (0 comments)
palmetto bay: Palmetto Bay Real Estate News
- 03/24/17 02:25 PM
Friday Market RoundupThere are 148 active listings on the market in Palmetto Bay. In the past 7 days there have been 1 closed sale, 5 pending sales, and 14 new listings. Closed Sales9240 SW 166 Street closed on 3/17/17. The 3 bedroom 2 bathroom home has a newer roof and impact windows, a two car garage, and heated swimming pool on a 12,852 square feet lot. The home, built in 1958, has 2,194 square feet. The property was originally listed at $397,000 and sold for $367,500 after 49 days on the market. Sale price per square foot was $167.50. The single closed sale was … (0 comments)
palmetto bay: What Are Months Of Supply?
- 03/24/17 04:57 AM
In real estate the term “months of supply” is often used by agents and journalists to describe the health or outlook in a particular market. The term expresses the amount of time it would take for current inventory to be sold without new inventory coming to market. It is the #1 metric used in our business. Here is all you need to know about months of supply. How To Calculate Months Of Supply Months of Supply is calculated by dividing the number of homes / condos currently for sale by the average number of homes sold per month. The average number of homes / condos sold per month is calculated … (3 comments)
palmetto bay: Palmetto Bay 2016 Real Estate Market Report
- 03/23/17 12:51 PM
Last year was a good year for the Palmetto Bay single family home real estate market. There was over $177,00,000 in total sales volume. That amount was generated by 318 sales. Total Sales VolumeThe year ended with $177,527,442 in total sales volume. That amount was almost the same as the year before. In 2015 the total sales volume for single family homes in Palmetto Bay was $179,638, 316. In 2014 the total sales volume was $166,908,672. Number of Sales2016 generated a greater total sales volume from a lower number of transactions than 2015. In fact in 2016, the total number of sales was … (15 comments)
The Palmetto Bay April 2018 real estate market was more active than the previous month of March. 30 homes sold for a total sales volume of $17,925,900. 25 properties went under contract and a 53 new listings came to market. As of early May 2018, there are 180 homes for sale in Palmetto Bay. In April of 2017 there were 48 homes listed for sale. There were 17 closed sales and 24 pending sales in April 2017 as well. In early May of last year there were 172 homes listed for sale.
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