Palm Harbor Florida Market Report for September 2011 is as follows:
There were 65 single family homes sold in Palm Harbor Florida during September 2011. On the high end we find a 4 bedroom 4 bath home in Lansbrooks exclusive Rockwood. This 3659 sq ft pool home, situated on over a half acre of land, was listed at $579,900. After 107 days on the market this home sold for $550,000.
At the other end of the list of single family homes that sold during September 2011 we find a modest 1 bedroom 1 bath home with 694 sq ft in the Lake St George area. This home was listed for $54,900 and sold after only 45 days on the market for $49,500.
When we turn our attention to townhomes, villas and condos we find 40 closings during September 2011. On the high end is a beautiful townhome in Boot Ranch on Lake Tarpon that was once a builder's model. This 3 bedroom 3.5 bath beauty sold for the asking price of $324,900 after 87 days on the market.
At the other end of this list of 40 closings we find a 1 bedroom 1 bath condo in Harbor Club. This short sale is 705 sq ft of living space. Listed at $24,500 this condo sold after 153 days on the market for $26,600.
As you can see from this information, time on the market is indeed reduced over a year ago and the inventory is declining! That is a good thing since condo sales prices ROSE 7% over a year ago! We are seeing a turn-around in the market here in the Sunshine State!
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