Suncoasteam Blog

SINGLE FAMILY HOMES

North Port, Florida Single Family Home Sales, last 30 days: 106, Average sale price $100,791, 96.3% of list price.

36% of all Single Family Home sales in the past 30 days were standard, Private Sales owner to buyer sales (39). Average sale price, $122,174, 94.2% of list price.

31.1% of sales were Foreclosures (33), Average sale price, $86,348, 100.7% of list price.

32% of sales were Short Sale properties (34), Average sale price, $90,281, 95.8% of list price.

CONDOS

North Port, Florida Condo Sales, last 30 days: 6, Average sale price $110,567, 92.2% of list price.

50% of all Condo sales in the past 30 days were standard, Private Sales owner to buyer sales (3). Average sale price, $123,667, 87.6% of list price.

16.6% of sales were Foreclosures (1), Average sale price, $72,500, 101.4% of list price.

33.3% of sales were Short Sale properties (2), Average sale price, $109,950, 97.9% of list price.

LOTS AND VACANT LAND

North Port, Florida Vacant land and Lots Sales, last 30 days: 14, Average sale price $3,921, 79.8% of list price.

78.6% of all land sales in the past 30 days were standard, Private Sales owner to buyer sales (11). Average sale price, $3,291, 78.4% of list price.

21.4% of sales were Foreclosures (3), Average sale price, $6,233, 82.7% of list price.

0% of sales were Short Sale properties (0), Average sale price, $NA, NA% of list price.

Create your own reports for sales in North Port or Southwest Florida. Go to http://www.searchsuncoast.com/recently-sold.html Sales Statistics for Southwest Florida Real Estate.

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Your Suncoasteam has set up a valuable tool on our website that will allow you to access and create reports of sold properties in Southwest Florida. With this tool you will be able to watch the market and determine the general value of similar properties. Go to http://www.searchsuncoast.com/recently-sold.html Sales Statistics for Southwest Florida Real Estate.

This is an example of a report I created on the page:

Charlotte County Single Family Home Sales, last 30 days: 233, Average sale price $151,295, 92.5% of list price
Number of these that were foreclosures: 52, Average sale price, $84,740, 92.5% of list price
Number of these that were short sales: 36, Average sale price, $121,439, 92% of list price

37.8% of all homes sold in the last 30 days in Charlotte County, FL were either a short sale or a foreclosure. While that is an very high number, it still means that 62.2% of homes sold in the county were standard, private sales without third party approval. There are good deals to be had in all types of sales.

When you use the module, take your time to analyze the data. For instance, of the 145 standard sales, the difference between list price and sales price was 92.5%…. BUT… if you remove the few outliers, those homes that were listed too high and finally sold at the correct price, perhaps 75% of list, the difference is higher than 92.5%. Homes that are price right, sell for closer to list. Simple logic.

Take a look at the homes that have sold for a low price or a lot lower than list. They usually need a lot of work. Some buyers think they can offer 20% less than the asking price but the data show something different. Yes, there are those homes that are overprices but not too many. Compare apples to apples, look at what a home needs compared to others on the market and make a realistic offer. Sometimes a “lowball” offer is the right number. Most of the time it is not.

Take time to analyze your property and rely on the help of a professional, experienced real estate agent to determine the right price whether selling or buying.

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Your Suncoasteam is always trying to provide the best possible service and the easiest and most user friendly website in the industry. We value your input and suggestions.

We are now testing a new module for the site to allow visitors to conduct their own searches of sold are properties so you can watch price trends and gauge the market. You can conduct searches for used homes, condos and land in the Southwest Florida market. While at this date all the bugs might not be completely out of the module, you are welcome to visit the page and try it out: Sold Property Statistics Search for Southwest Florida Real Estate http://www.searchsuncoast.com/recently-sold.html

While this will return all properties reported as sold in the MLS system, there is no substitution for a complete, apples to apples Comparative Market Analysis (CMA) conducted by a professional real estate agent. If you have a specific property in mind, please call one of our agents and we will provide a free, no obligation CMA that is focused on exact comparables for that property.

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Luxury home in Port Charlotte, FL

Front of home from Lake Worth Blvd

Formal dining room at the front of the home

Bright open kitchen with breakfast bar and plenty of counter space

Large, open formal living room

Living room has fire place and wet bar

Large, comfortable master bedroom opens to lanai

Huge master bath with walk-in closet as large as some bedrooms!

Lanai great for entertaining guests and visitors

Large, heated pool in screened lanai

Hot tub / spa beside the heated pool!

This luxury home has every feature anyone would expect in a property of this high quality. The owners are meticulous in maintaing this home.

For more information or a showing appointment, please call Jim Mulligan at 941-456-3034

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Waterfront pool home in Port Charlotte, FL with 3 bedrooms, 2-1/2 baths & attached 2 car garage as well as a detached 4 car garage

The home for the family who has everything and only needs a place to put it! This large and comfortable home is on two lots with a beautifully landscaped yard and a separate, 4 car garage! 6 cars total and room for an RV and boats on the side! The interior has formal living and dining rooms as well as a large kitchen with granite island with stools and a separate breakfast room overlooking the pool with an aquarium window. Tray ceiling in the Master Bedroom with vaulted ceilings elsewhere. There is a large family room for the kids and the lanai has a long view of the canal. There is a nice dock to sit and relax beside your boat and a ramp with winch to store a small boat out of water. The huge 1,448 sq/ft second garage has a workshop and pull down stairs with more storage above. Outside, beautiful landscaping surrounds the home and there is a great out building cabana with TV and wetbar for entertaining on the adjacent composit deck. The patio and walkways are comprised of beautiful brick paver stones and the driveways are custom decorative application. If this house doesn’t have it, you don’t need it!

For additional information or to schedule a viewing, call Jim Mulligan – 941-235-7474 or email: jim@suncoasteam.com

Living Room: 13×14

Dining Room: 12×14

Kitchen: 14×13

Family Room: 14×21

Master Br.: 14×23

2nd Bedroom: 12×12

3rd Bedroom: 12×11

Air Conditioning: Central

Heat: Fuel – Electric

Floor Covering: Ceramic Tile, Carpet

Utilities Data: Cable Available, Cable Connected, County Water, Septic, Sprinkler Well

Appliances Incl: Dishwasher, Disposal, Dryer, Hot Water Electric, Range, Range Hood, Refrigerator, Washer

Ext. Construction: Stucco, Block

Style: Florida

Pool: Auto Cleaner, Gunite/Concrete

Hurricane Shutters

Irrigation System

Mature Landscaping

Outdoor Lights

Outdoor Shower

Parking – RV/Boat

Garage: Attached 2 Car Garage, Detached 4 Car Garage

Roof: Shingle

Front

Detached 4 car garage with storage above and RV parking beside

Large, open kitchen

Diningroom - Current owners use as a parlor

Cool, comfortable lanai

Patio with cabana featuring wide screen TV and wet bar

Inside cabana

Pool view

Dock and seawall

Lush landscaping

Inviting entry

Family room

Kitchen

Kitchen

Cool gardens

Relax, inside or out!

Inside cabana

Swimming pool

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Rays pitcher pitching a rehab start in Port Charlotte

James Mulligan Suncoasteam Realty 941-456-3034

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Suncoasteam Realty, Property Management Division offers services to owners and renters in Port Charlotte, North Port and Punta Gorda. Through 2011, our team will expand services and also extend our reach in Englewood, Venice and Rotonda and increase our presence in North Port.

If you own an investment property and wish to rent on an annual or seasonal basis, please consider Suncoasteam Realty’s Property Management services. With our experience in the area of property management we offer a full suite of services. You may choose our full service management, or from our list of ala carte services.

Many savvy investors are purchasing real estate at record low prices with the intention of earning a steady stream of passive income. All too often we hear from these investors that their passive income is much more active than they anticipated. That is where we come in. We can help make your real estate investment much less stressful and more profitable. Some of the many services that we offer are:

• Pre-purchase Inspection
• Investor/Buyer Representation
• Tenant Screening
• Rent Collection
• Full accounting of the investment and monthly operating reports
• Remodel and Rehab oversight including management of all Subcontractors
• Monthly Maintenance Management of Subcontractors (including)
• Lawn Maintenance Services
• Landscaping Service
• Water Treatment Service
• Pool Care and Maintenance
• Emergency repairs and service
• Scheduled repairs and service
• Property and Hazard Insurance management (we can work with your agent, or help you find one)
• Exit Strategy, and Liquidation Planning

We have built successful and professional relationships with the area’s insurance companies, real estate attorneys and contractors. Whether you are just starting out and need a local resource for properly organizing your business, or have an established portfolio, we are your one-stop resource.

For information on our property management services:

Punta Gorda and Port Charlotte, please call Donata Noone: 941-875-4744, donata@suncoasteam.com

North Port, Rotonda, Englewood and Venice, please call Jeff Hinrichs: 941-456-1251, jeff@suncoasteam.com

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Jack and Elvis

There was loads of fun last night in Port Charlotte with the Stone Crabs, Tampa Bay Rays’ High A affiliate. In an exciting 4-3 win, the team hosted a large crowd to enjoy a spectacular fireworks show and an enjoyable Elvis impersonator.

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Map of Riverwood Neighborhoods

CLICK MAP TO ENLARGE

Riverwood is a gated community in Port Charlotte, FL with neighborhoods of upscale homes and condos.

For more information about Riverwood please call Ted McDermott at 941-979-6428 or visit our website article about Riverwood: Riverwood in Port Charlotte, Florida homes and condos for sale and more information

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An interesting proposal has been made for part of the property in Murdock Village. Punta Gorda resident and long-time music promoter, Jay Goldberg, has proposed a Theater/Music Park to rival Branson, MO and to create up to 6,800 jobs. If this proposal can come to fruition, Charlotte County will become well known around the country and the world as a major tourist destination. The value of homes and real property in Charlotte County and the City of Punta Gorda as well as Port Charlotte, North Port and Rotonda will rebound and appreciate well.

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