Skip to content

Cape San Blas Real Estate Week in Review - Sep. 21-27, 2019

Published on September 27, 2019 by Sherri Dodsworth under Cape San Blas

Our excitement over beach renourishment actually taking place before our eyes still has everyone happy and relieved.  They’ve started on the south end of the peninsula by the rocks and are working their way slowly northward, and that off-shore barge is pumping A LOT of beautiful sand up to our shoreline.

Even with all that going on, our real estate market had another quiet week, with no closings and just two new contracts. Sellers added five new listings, and changed prices on seven others. Our inventory grew by two, closing the week at 289, with 77 homes, 4 commercial, and 208 lots listed for sale in the Cape San Blas, Indian Pass, and C-30 Corridor MLS listings.

We’ll start our review of our two new contracts on the north end of the Cape in Barrier Dunes where this 2-bedroom, 2-bath, 1,216 square foot townhouse back by the tennis courts went under contract on Wednesday with a list price of $330,000. The sellers bought it in mid-2016 for $220,000.

Our second new contract is about three miles south of Barrier Dunes on Catamaran Drive where buyers had their offer accepted on this 3-bedroom, 3-bath, 1,428 square foot home with both gulf and bay views. It’s located in a laid back beach neighborhood known as Feather Sound with no HOA or HOA fees, but which includes deeded gulf access. The sellers bought the lot back in 2011 for $60,000.

And just like that we’re all caught up.  Although we’ve had two back-to-back slow weeks, I don’t see that as a trend. We’ll just keep an eye on it and see where the market goes. Interest rates have lowered in the past month, the economy is strong, housing is still in strong demand so I believe this is a passing lull. If you’re interested in buying or selling, I’ll be glad to help. Call or text me at 850-227-5197 or drop a note to [email protected] and we’ll get started.  Have a great week, and thanks so much for taking time out of your busy schedule to stop by today.

Reminder – If you would like to read this with the links to the various listings, I can only email them to you now with our new MLS which I’ll be glad to do. Just let me know by sending me a request to [email protected] and I’ll set you up to receive my blog post with the links each week.

Be the first to comment

Thanks for leaving a comment. If you are new to leaving comments on my site, it will have to be approved before being posted.

Subscribe to the  Cape San Blas Blog

Follow along weekly from the convenience of your inbox.

Thanks for reaching out! I'll be in touch soon!

Coastal Realty Group
REALTOR logo Multiple Listing Service logo Equal Housing Opportunity logo

Property information provided by the REALTOR'S® Association of Franklin and Gulf Counties, Inc.. IDX information is provided exclusively for consumers personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This data is deemed reliable but is not guaranteed accurate by the MLS.

© 2024 Chris Petrie. All Rights Reserved.

Privacy Policy Site Map