Cape San Blas Real Estate Week in Review - Feb. 21-27, 2009
By Sherri Dodsworth, PA
(Boardwalk Realty of NW FL)
Definite uptick in activity this week and this turned out to be the busiest week yet in the 18 months I've been writing this blog. We had two sales, five new contracts, twelve new listings, and nineteen price changes. That's a lot to cover so let's get started. Even with all that activity, our inventory is only up by four, at 383, with 150 homes and 233 lots currently listed in the MLS in the Cape San Blas, Indian Pass and C-30 Corridor market. Our first sale was a bank-owned, 3-bedroom, 2-bath, 1,568 square foot modular home situated on a 1/3 acre lot on C-30 in Money Bayou. Last sold in June 2005 for $275,000, it was foreclosed by the bank last August. The county had it assessed for $133,175 and it sold with conventional financing on Thursday for $100,000. Our second sale takes us onc...
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