February 2008 Real Estate Update for Highlands County - Avon Park, Sebring and Lake Placid
TODAY’S FEATURED PROPERTIES
February has been a good month for my business in Highlands County. This month I had six of my listings go under contract and sale pended one home that was not my listing. The prices ranged from $35,000 for a mobile home to $230,000 for a 5 bedroom, 4 bath home, and new construction home. This was an incredible deal! I have seen a great increase in internet inquiries on homes on my web sites. The buyers are here!
As of today, there are 2,134 Residential Homes for sale in Highlands County. Of these homes, 176 or 8 % of the inventory are currently under contract. This is up from 6% in January. Residential homes that closed or sold this month are 62 or 3% of the inventory - up from 2% last month.
The number of condominiums, townhouses, villas and duplexes for sale has increased from 324 to 369. Of this number 18 or 5% of the inventory are under contract and only 6 or 2% have closed or sold in February, a decrease from last month.
The sale of mobile homes on owned land has increased. Currently there are 155 mobile homes on the market with 22 or 14% of the inventory under contract and 12 have closed or sold for 8% of the inventory. Many of the winter visitors decide to get into the second home market with the purchase of a mobile home.
RE/MAX Realty Plus continues to lead with the number of closed transactions in Highlands County and out sells the competition two to one for the first two months of 2008.
So remember, if you are a buyer, there is no better time than now to purchase a home. Whether you are looking to upsize or downsize your current home, or are looking for a good investment opportunity, the best deals are now. Take advantage of this fantastic buyer’s market. It will be a pleasure for Maureen to show you the unbelievable opportunities that are available and waiting for you.
If you are planning to put your home on the market, contact Maureen today. Maureen will help properly price your home so your home will bring top dollar in the least amount of time on the market. The best homes that are property priced and professionally marketed sell in the least amount of time. Visit Maureen’s web site today at www.ACoolRealtor.com or www.MaureenCool.com to find out why Maureen Cool leads Highlands County in internet marketing.
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