Happy Thanksgiving week to all buyers, sellers and readers. Here’s hoping that everyone enjoyed a relaxing holiday with family and friends. It was a slower week as expected with the big bird day, there was only 1 recorded sale and 1 new contract to go along with a few new listings and price adjustments within the past week through our local MLS. Below is a quick summary of all mentioned, beginning with the 1 recorded sale from our comparative market of Cape San Blas, Indian Pass, and the CR/SR 30-A corridor:
- 250 Florida Avenue – south Cape residence built in 1995 in the Boardwalk HOA/Surfside Estates neighborhood with 4 bedrooms, 3 bathrooms, & 2,054 sq ft living space; house is second tier to the beach with Gulf views, fully furnished, and HOA features community pool and boardwalk to the beach; property was on the market for 6 days asking $739,000 before going under contract and selling for $719,500 cash; sellers purchased the home in 2020 for $485,000
Our 1 new contract of the week was on an Indian Pass fixer-upper, while one of the recent vacant lot contracts from last weeks update was cancelled, putting this CR 30-A parcel back on the active market. In the spirit of Black Friday, 5 sellers discounted list prices in our comparative market while another seller raised the asking price of a new construction home which was just finished, furnished and supplied. 2 more listings expired, taking both of these vacant lots off the active market.
We are thankful for 3 new offerings added to our inventory this week, all 3 were residential listings. The total count for our residential inventory in our comparative market now sits at 83 properties for sale, up 2 from last week. Our vacant land inventory is down 4 to 95 lots for sale on all of Cape San Blas, Indian Pass, and the CR/SR 30-A corridor. That’s all for this week, I’m very thankful that my family and I reside in a place as special as Gulf County, FL. Please let me know if I can ever help with any of your real estate needs, (850)899-8765 or [email protected].
“Thank goodness for these uncrowded, unspoiled beaches. Another year survived!”