Osprey FL, Real Estate News and Market Report – February 2014

By
Real Estate Agent with Kwee Huset Realty
https://activerain.com/droplet/4dMh

Osprey FL, Real Estate News and Market Report – February 2014

 

Important real estate news for Osprey FL home buyers.  The markets remain strong and home prices are going up. Read the following February 2014 market report provided by Kwee Huset of Kwee Huset Realty and find out.

 

Search homes for sale in Osprey FL

 

 

         Photo from MLS

 

There were 38 properties listed for sale in February 2014. 5 condos while 33 were single family homes. The lowest price was $110,000 – a wood frame home with 3 bedrooms and 2 bathrooms, 1199 square feet under air and a total building of 1323 square feet. The highest price was a $2,675,000 luxury home in the Oaks, built to conjure the image of chateaux of France. It has 5 bedrooms, 5 full baths and 2 half bath with 4 car garage, 8531 square feet living area and 13,372 square feet total building area.  

 

Search single family homes for sale in Osprey FL

 

8 properties were pending with listing prices ranging from $110,000 to $645,000

 

Search Condos for sale in Osprey FL

 

Osprey, Cash Buyers’ Market Report – February 2014

 

 

21 properties were sold.  16 (76%) of the buyers paid cash for their purchase. 4 (19%) of the buyers used conventional loans and 1 (5%) used FHA loan.

9 cash buyers bought a single family home, 5 bought condos, 1 bought a villa and 1 bought a mobile home

The highest sold price for a single family home was $890,000.  The highest sold price for a condo was $340,000, the villa sold for $305,000 and the mobile home was sold for $39,000

The average sold price for single family homes was $471,206. And for the condos was $228,700

The average days on market for the single family homes was 76, and for condos was 152 days

The average ratio of sold price to list price for single family homes was 91%, and for condos was 94%

 

Compared to last year at the same time when 16 properties sold, 21 units were sold in 2014 for an increase of 31.25%. 12 buyers paid cash in 2013, 16 paid cash in 2014 up 33% with average prices rising from $343,843 in 2013 to $471,206 (up 37%)in 2014.  The average sold price for condos increased $9,750 or 4.45% from $218,950 in 2013 to $228,700 in 2014.

 

 

Osprey, Loan Buyers’ Market Report – February 2014

 

4 buyers used conventional loans and one with FHA loan for their purchase on single family homes.

The highest sold price for a single family home was $494,500 from $825,000 in 2013

The average sold price for a single family home was $354,411 from $447,750 in 2013

The average days on market for the single family home was 230 from 36 in 2013

The average ratio of sold price to list price for single family homes was 97% from 96% in 2013

 

Compared to the same time last year, the same number of buyers (4) purchased their single family homes with conventional loans. The average sold price with loans for single family homes decreased $93,339 or 20.84% from $447,750 in 2013 to $354,411 in 2014. 

 

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.)

 

Based on information from the My Florida Regional Multiple Listing Service, Inc.   For the period as mentioned above as of March 29, 2014. 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.

 

Looking to buy, sell or invest in Osprey FL? Call 941-716-3090. Your REALTOR® that is working for you and with you.

 

 

Posted by

 

Kwee-Huset

Kwee Huset

Kwee Huset Realty - Venice Florida Real Estate

Broker/owner, REALTOR®,  CIPS, AHWD, ESRES, TRC  

Call today at 941-716-3090 for results.

info@kweehuset.com   

 

Are you looking to Buy or Sell a Home in the Venice, FL or the surrounding area?  

 

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Topic:
Home Buying
Location:
Florida Sarasota County Osprey
Tags:
kwee huset realty
osprey fl market report
february 2014
real estate news
housing market

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Ambassador
2,223,992
Debbie Laity
Cedaredge Land Company - Cedaredge, CO
Your Real Estate Resource for Delta County, CO

Hi, Kwee. I can't believe how much your average sold price is up from that year for a single family residence. 

This is a great market report and I know both buyers and sellers in Osprey, FL will find this information very informative. 

Mar 29, 2014 08:23 AM #1
Rainmaker
467,338
Randy Mitchelson,APR
Marketing Advisor & Squeeze Mortgage - Bonita Springs, FL
First Impressions are made at First Click

Kwee, this is a great report about Osprey. Very detailed. You could use this information and package it as a downloadable report and promote it via LinkedIn, Facebook etc. to both locals in Osprey as well as to prospective buyers living in the snow belt.

Mar 29, 2014 09:27 AM #2
Rainmaker
982,670
Kwee Huset
Kwee Huset Realty - Venice, FL
Venice Florida Homes For Sale

Hi Debbie, some homes in Osprey are on the beach, luxury golf and country club, gated communities while some other smaller houses are along US 41. The average sold price depends on the properties sold therefore the percentage of sold price increase was great.

Mar 29, 2014 10:33 AM #3
Rainmaker
982,670
Kwee Huset
Kwee Huset Realty - Venice, FL
Venice Florida Homes For Sale

Hi Randy, I posted the blog on LinkedIn, Google+ and Facebook. However not in a downloadable report, would you mind to share? Thanks in advance.

Mar 29, 2014 10:36 AM #4
Ambassador
1,655,300
Jennifer Fivelsdal
JFIVE Home Realty LLC | 845-758-6842|162 Deer Run Rd Red Hook NY 12571 - Rhinebeck, NY
Mid Hudson Valley real estate connection

Kwee that is a beautiful home.   Glad to hear the Osprey market is strong and home price are going.

Mar 29, 2014 01:03 PM #5
Rainmaker
847,547
Barbara Altieri
Kinard Realty Group Fairfield and New Haven County CT Real Estate - Shelton, CT
REALTOR-Fairfield County CT Homes/Condos For Sale

Kwee -- Market strong and prices going up. Osprey buyers and sellers need to contact you for assistance with their real estate needs.  Excellent report! 

Mar 29, 2014 01:17 PM #6
Rainmaker
4,799,256
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

Kwee, it looks like the Osprey FL real estate market is doing quite well.  Thanks for the report.

Mar 29, 2014 10:25 PM #7
Rainmaker
401,635
John Wiley
Fort Myers, FL
Lee County, FL, ECO Broker, GRI, SRES,GREEN,PSA

Kwee, your report of the market in Osprey is very comprehensive and shows that you know your market.

Buyers and Sellers should contact you to assist them in their Real Estate transactions.

Mar 30, 2014 12:44 AM #8
Rainmaker
4,607,508
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Kwee, amazing to see such a high number of cash transactions in Osprey!    Great report!

Mar 30, 2014 12:57 AM #9
Ambassador
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Debbie Reynolds, C21 Platinum Properties
Platinum Properties- (931)771-9070 - Clarksville, TN
The Dedicated Clarksville TN Realtor-(931)320-6730

Nicely presented market report Kwee. That is a wide range of values.

Mar 31, 2014 01:30 PM #10
Rainmaker
4,607,508
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Kwee, you provide information to buyers and sellers in the Osprey area! 

Apr 23, 2014 11:12 PM #11
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