Selling Poinciana One Property at a Time.

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So....you want to buy a property in Poinciana Florida for less than $60,000....

 

....and you want it to be less than 7 years old with over 1500 sq ft of living area. Maybe this will help:

Based on current market statistics, properties similar to the ones you are requesting are selling for $35 to $37 per sq ft living and 110% of the asking price. In order to stay under $60,000 you need to focus on properties with 1700 sq ft or less. 185 Conch and 1966 Michigan both fit.

The stats that are below show that since 10/1/2009 there have been  29 sales. There are 21 pendings and only 9 actives in this price range. I eliminated the short sales and the properties that are priced too low (based on market data) and that left the 2 properties mentioned above.

The average days on market are 23 and that of course includes the time it takes to get bank addenda signed. This tells me most are selling quickly and with multiple offers.

CMA 60-

Do NOT be foreclosed on! Avoid foreclosure. Short Sales DO close.

Want to find out more? www.CentralFloridaShortSales.com

 

The BIO for Bryant Tutas

Copyright © 2010 http://www.brokerbryant.com/ | All Rights Reserved

 

9 comments • Bryant Tutas Broker/REALTOR(R) Tutas Towne Realty, Inc • January 20 2010 02:06PM

Comments

Broker B, I am just amazed the $ per sqft on these. Cheap cheap!!
Posted by Gary Woltal - Associate Broker REALTOR® Dallas Ft. Worth (Keller Williams Realty) 6 months ago

BB - Who can't agree that this is a good time to buy in the Florida market. I might be calling you! If, I could just sell mine in NY.

Posted by Carol Culkin (Century 21 Alliance - Mid-Hudson Valley ) 6 months ago

BB, I still can't believe the prices there. I have such respect for those of you still carving out a living in FL! Not that it's easy here, but my new listing is a whopping $127500. That's from having an average sales price closer to 300k 2 years ago.

Posted by Connie Harvey Realtor Nashville TN Real Estate (Prudential Woodmont Realty) 6 months ago

BB I need ot get my license and move to Florida - cause there are some DEALS there!  WOW!!! i"m off to pack up!

Posted by Eleanor Thorne 919-649-5057 Cary Mortgage Loans NMLS #67179 (First Financial Services, Inc) 6 months ago

Many articles indicating that NY has a ways to go, downward... it may be time to bite the bullet and just head south NOW!

Posted by Laurie Mindnich at Options Realty 6 months ago

I want one. Heck .. the dues on my HOA would make me wanna jump. Cool deals for great properties. Hope it vaporizes in a quick sale

Posted by Claude Cross-Charlotte NC Real Estate(Homes By Cross, Inc.) 6 months ago

BB ~ I 've said this before, your prices are astounding. Now's the time for anyone to buy that retirement home today.

Posted by Orange Co. Real Estate~Lynda Eisenmann, Broker-Owner, CRS,CRB,GRI,SRES, Brea, CA (Preferred Home Brokers) 6 months ago

And then you get the guy who says "I want a 4 bed 3 bath with a 2 car garage and an enclosed porch. Please search in the 30 to 50K range. I know you have thousands of them'. (sigh)

Posted by Rebecca Fisher (Keller Williams Realty - Winter Haven) 6 months ago

HOLY COW!!!! No wonder people from "up north" get sticker shock when they come into my market. A dumpy house on a dry lot will sell for over $100/sq ft and prime waterfront over $600

What would something like that rent for? Im looking to get back into being a landlord...email me some stuf if you have time.

 

~~Kelly in the KEYS~~~

Posted by Coco Plum Realtors, Kelly Willey, FLORIDA KEYS 5 months ago

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