[Video] Valencia Shores Lake Worth FL Homes for Sale Market Report

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Real Estate Agent with United Realty Group Wellington SL# 3190644
https://activerain.com/droplet/4xfm

 

 

Homes for Sale Market Report

This article is a market report for Valencia Shores in Lake Worth, Florida brought to you by Mark Baker at www.BuyingPalmBeachHomes.com .  In this article we will cover the current market and type of listings, current market prices within the community and then the metrics for the 90 day sold properties including the property types and financing terms. This article will give you a good understanding of the housing market in Valencia Shores in Lake Worth.

Current Houses for Sale

First we will take a look at the current homes for sale on the market. There are fourteen properties currently on the market with zero under contract marked contingent and three listing marked contract market pending. That leaves eleven properties available for sale of one has had a price reduction and two are new listings. That means that there are eleven properties that are currently on the market and all eleven of the properties are traditional sales.

Homes Prices on Listings

The range of prices of the lowest available property is $409,000 for three bedrooms with two bathrooms and 2,077 square feet under air. The highest priced property is $689,000 for a four bedroom, four baths with 3,448 square feet under air. The median home price is almost $438,500 in Valencia Shores in Lake Worth, Florida.

Recently Sold MLS Listings in Valencia Shores

55 plus Homes
55 plus Homes

Next we will look at the sold properties, in the last three months eleven properties have sold. The average sales price was $478,000 and the average sales price per square foot was $191 with the range in process from $146 to $230.

Average Number of Days on Market

The average days on market for the homes was 93 days.  In regards to the types of sales in the past ninety days all sales were traditional sales.  Seven were conventional financed and four were cash transactions. It is important to understanding the financial terms within this community; buyers need to be aware of what their offers are going up against. With almost of the deals closing in cash, you can be rest assured that most properties will have a cash offer.

Sales to List Price - What Buyers are Paying for Homes

Let us look at the Sales to List price; this information has been provided to see the relationship of the actual sold price of a home to the asking list price. On the low end of the spectrum there was a 89% sale of asking price, the average was 96% of the asking price meaning that most properties are settling at a 5% discount of the Bank prices. At the high of the spectrum was a sale at 99% of the asking price letting us know that the homes have all sold for less than asking price.

Looking to List Your Home?

If you are looking to buy or sell a home in Valencia Shores let me put my experience to work for you. I have extensive knowledge of the homes within Valencia Shores and the surrounding areas, in addition to being an experienced agent in the local area I also partner up with other agents that bring that experience and expertise to the table. Thanks for reading this market report for Valencia Shores in Lake Worth, Florida. You can contact me at 561-768-7968 or visit me online at BuyingPalmBeachHomes.com

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Mark R. Baker, PA

United Realty Group Wellington 

1035 State Road 7

Suite 121

Wellington, FL 33414

(561) 336-6333

www.BuyingPalmBeachHomes.com

 

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Kathy Streib
Room Service Home Staging - Delray Beach, FL
Home Stager - Palm Beach County,FL -561-914-6224

Mark- this is an excellent market report for Valencia Shores in Lake Worth!  Consumers are looking for this kind of information!

Jan 22, 2015 11:31 PM #1
Rainmaker
1,052,563
Bob Ratliff
Robert Ratliff Realty - San Antonio, TX
"Sold with Bob"

 Good morning Mark, You do a stellar market report for Valencia Shores in Lake Worth, Florida. Very informative what buyers and sellers are wanting to know.

Jan 23, 2015 12:56 AM #2
Rainmaker
4,432,941
Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

Anyone thinking of selling their home in your area should list with you.

Jan 23, 2015 08:40 PM #3
Rainer
77,805
Mark Baker
United Realty Group Wellington - Wellington, FL
Serving Palm Beach County FL

Thank you Kathy Strieb and Gita Bantwal for commenting.  

 

Thanks Bob Ratliff for commenting, again thanks for the story you featured me in, it was fun seeing all the comments.  Also wanted to let you know I just posted the video series I told you about when we talked on Hyperlapse App from Instagram.  Hyperlapse How to video http://actvra.in/4xj8

 

Jan 24, 2015 12:14 AM #4
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Rainer
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Mark Baker

Serving Palm Beach County FL
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