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Cape San Blas Real Estate Week in Review - Jan. 8-14, 2022

Published on January 14, 2022 by Sherri Dodsworth under Cape San Blas

For Sale Sold Sign   We saw a lot of action in our market this week and I’m wondering if some of it may be spurred on by buyers reacting to climbing mortgage rates. Since last we met, four sales closed and eleven properties went under contract. We have been begging for more inventory and sellers obliged by adding fourteen new listings but with all those new contracts, our inventory barely budged since last week, closing up by only one at 104, with 29 houses and 75 lots listed for sale in the Cape San Blas, Indian Pass and C-30 Corridor MLS market.

For now, at least, Sellers continue to firmly hold the reins in their hands for this market with no letup in sight. As we saw in yesterday’s Year in Review, the list to sale price in 2021 was 97% and 31% of all homes in our market sold at or above list price. Amazing. I know I sound like a broken record at this point, but you can see we still need inventory, so if you’re thinking of selling call or text me at 850-227-5197 or shoot an email to [email protected] and I will help you get started. Have a great week and, as always, thank you so much for stopping by today.

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