For the month of January, Celebration had 21 sales, up substantially from the 17 sales in December. Of these sales, only 19% were distressed sales, either bank-owned or short sales. 62% of all closings last month were cash transactions which...
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Lakewood Ranch, Florida
as of 2/9/2012:
Lakewood Ranch is one of the very few communities in the state of Florida where new home construction is very active. Neal Communities alone had 379 closings for 2011! There were a total of 48 closings in Lakewood Ranch for the month of January, 29%...
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Longboat Key, Florida
as of 2/9/2012:
A very stable community, Longboat Key had 31 sales in January, only 10% were distressed sales and 77% were cash sales. Sales are increasing and prices have begun to increase. There is only a seven month inventory of single family homes leading many...
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Sarasota, Florida
as of 2/9/2012:
The median sales price for both single family homes and condominiums has been on the increase as well as list prices. Distressed properties make up 37% of total sales and cash sales are at 66% of all sales locally. Although the 30 year fixed-rate...
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Siesta Key, Florida
as of 2/9/2012:
There were 36 sales on Siesta Key last month, 22% were distressed sales and 69% were cash sales. The entire Sarasota market has rebounded more quickly than many ofther sections of the state. However, distressed properties remain a large part of the...
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