Watersound Real Estate News

Sunday, April 5, 2009

Watersound Beach Real Estate Report Q1: 2009 Land


Check out this great Watersound Lot for sale on Yacht Pond Lane for 439,000.

Watersound Real Estate Report for the first quarter of 2009: Land Sold and For Sale.

It looks like there are great values to be had with regard to Watersound Land Sales. The first quarter of 2009 produced (3) sales ranging in price from $192,000 to $300,000. The interesting this is that (1) sale was a foreclosure, (1) sales was a short sale and (1) sale of a developer sale so it looks like sellers need to be aggressive is they are going to sell in 2009. Also note that there are (3)additional sales listed at Pending Sale or Contingent which mean there are certain factors that need to be satisified before the sales close. Lets take a look at the Watersound Land Sales break down.

Total Number of Watersound Lots Sold (Q1: 2009): 3
Highest Priced Watersound Lot Sold: $300,000
Lowest Priced Watersound Lot Sold: $192,000
Average Priced Watersound Lot Sold: $251,000
Average Number of Days On Market for a Watersound Lot Sold: 212
Total Number of Watersound Lots sold as Foreclosure or Short Sale: 2

If you would like more information on Watersound Real Estate Land Sales go to the At The Beach Website or call John Moran at 850-654-3325.


As Good As It Gets In Watersound Check out this property on South Founders Lane

Watersound Real Estate Land Report Q1: 2009 Land For Sale

The interesting thing to me is that on average (1) Watersound Lot sells per month and durring the first quarter of 2009 the high price sale was $300,000 but as of 4/5/2009 there are (95) Watersound Lots for sale which based on current sale trends means there is a 95 month (almost 8 years)supply of Watersound land for sale. The prices range from $69,000 to almost $3 million. Another interesting item is that of the (95)lots for sale only (4) are short sales or foreclosures. Let take a look at what we have.

Total number of Watersound Lots For Sale (as of 4/5/2009): 95
Highest Priced Watersound Lot For Sale: $2,995,000
Lowest Priced Watersound Lot For Sale: $69,000
Average Price for a Watersound Lot For Sale: $587,801
Average Number of Days on Market for a Watersound Lot For Sale: 380
Total Number of Watersound Lot Foreclosures and Short Sales: 4

If you would like more information on Watersound Real Estate Land Sales go to the At The Beach Website or call John Moran at 850-654-3325.

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