Hi folks. Let's talk a little bit about Real Estate market conditions in SoliVita. Recently I have spoken to several SoliVita homeowners and the first thing they mention is that NOTHING is selling in SoliVita. Well lets look at some facts. The figures below are based on the first half of each year.
In 2006, at the peak of the market, there were 72 closing in the first half of the year. This year there were 91 sales! That's an increase of 20%. In fact that's the most resales in SoliVita for that time period EVER! So...properties are selling at a rapid pace.
Now let's explore why properties in SoliVita are selling. This one is easy. PRICE! It's all about the price. At the peak of the market, 1st half of 2006, the average sale was at $276,600. This year, 2010, the average selling price in SoliVita is $165,301. That's a decrease in value of 40%. Considering homes in Poinciana have had a decrease in value of 70%....the values in SoliVita have held up pretty good.
So.....will your SoliVita home sell in this market? ABSOLUTELY!!! As long as the price is right. If you want to know what that price is just give me a call....I'll figure it out for you. OK?
Want to find out more? 407-873-2747
www.RealEstateSolivita.com
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Hi Bryant! 40% when the rest of Poinciana is 70%? Where's the choice here?! Sounds like you guys made an awesome choice and I know you're loving it there!
Have a great weekend...
Glad to see that the talk around the community amenities about nothing selling in Solivita is wrong. Properties always sell at the right price.
BB, I am glad you can dispell that nasty rumor! Yes, homes are selling here too, price it right and it will go. No one, however, is immune to lower prices. Selling is good good good!
BB - It is a very nice adult community....great numbers when comparing to Poinciana and all of Polk County
Pricing is key and presnt in your area. NH is getting there.
You guys must've gotten a great deal when you bought your new place. From all of your posts, it looks like it is a really great place to live.
Bryant, we get that question al the time also, and when we tell them that things are selling, they normally don't believe it.
The old game of whisper down the lane remains quite prevalent in many neighborhoods. Way to go delivering some factual information there BB.
Is the video from you tube
Two things sell homes in any market: price and marketing!
BB,
They should be asking you if homes are selling.. you've got the stats.
Very interesting post.
Have a great week.