It’s pretty quiet in the Lake Park West neighborhood lately. There are currently 4 active listings on the MLS, 3 of them are short sales. There are 4 homes in escrow – 3 are bank owned, and the 4th is a corporate relocation. The only closings this year have been 1 bank owned home, and 1 corporate relocation.
Monthly Archives: May 2008
For the size of the neighborhood, with almost 600 homes, there has been very limited activity in the Forest Creek neighborhood so far this year. Only 4 homes have closed at prices ranging from $560K to $650K, and 1 bank-owned home just went into escrow today. There are currently 6 homes active in the MLS – 2 short sales, 1 bank-owned, and 3 “normal” sales.
Lakeside Park currently has 6 active listings on the MLS – 5 of them are short sales, and one is a bank-owned foreclosure. Of the 4 properties in escrow, 3 are bank-owned and one is a short sale. The closings have all both been foreclosed properties so far this year.
There are several new listings, including 2 that are now bank-owned.
The first closing of the year occured earlier this month – a bank owned condo that sold in just 6 days when it went on the market in March. There is currently one short sale in escrow, and 4 others in the active status.
Currently available homes in the Serrano Ridge neighborhood include 3 short sales and one bank owned home. The prices range from $600,000 to $650,000 at this time. There are 2 properties currently in escrow – one is a short sale, and the other appears to be a “normal” sale. Only one home has closed this year – a bank owned home with 4 bedrooms and over 2300 sq feet. It was sold for the full price of $580,000 within 14 days of coming on the market.
The 16 homes that are active in the MLS today range from a low of $499,900 for a short sale on the greenbelt, to $1.8 million for a newly constructed home with over 3800 square feet on one of the keys (not a point home.) There is one REO today, priced at $545,000 for a 3 bedroom home on a greenbelt. Pricing for waterfront homes with a dock currently starts at $789,900 for the smallest 3 bedroom model.
The closings this year have ranged from $569,000 for a small greenbelt home to $1.35 million for a large point home. The least expensive waterfront to close this year was a 2200 square foot 2 story at $778,000 in February.