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Luxury Homes for Sale in Palm Harbor

by Doug Campbell

Luxury homes for sale in Palm Harbor are plentiful, if you want a luxury home in Palm Harbor.  Based on the latest statistics for Pinellas County, the absorption rate for luxury homes is 13%. This simply means that if there are 100 luxury properties for sale, that 13 will sell. We are defining a luxury home as a house priced at or above $500,000. 

There are homes on the Gulf of Mexico, for those who love boating and related water sports. There are homes on Lake Tarpon, with scenic vistas of the lake, boating, great bass fishing and just enjoying the quiet of a large lake. There are golf course homes, in Innisbrook. Innisbrook has 4 golf courses, great restaurants, tennis courts and much more. The Copperhead Course is home to an annual PGA tournament.

So, for those of you who are numbers lovers, keep on reading. If details and numbers bore you, time to check out now, because today we are talking numbers,and specifics.

One interesting item is that in the last 30 days, covering the month of June, there were 5 sales of luxury homes in Palm Harbor. There are now 105 houses on the market at that price range. Of these, 27 are under contract and 78 are actively listed. As you read this, and if you have already clicked on the link above for a search of luxury homes in Palm Harbor, because this is a fluid market, the numbers in the search link reflect real time values, and this paragraph shows a moment in time.

For our purposes, we are going to be talking about numbers based on today, although the search link will show homes for sale in Palm Harbor at the time that you visit the link.


Of the active listings, effective today, there are 78 houses listed for sale. The averages for these houses are 4 bedrooms, and 4 1/2 baths, with just over 4,000 square feet of living space.  The average price per square foot is $249 and the average list price is $959,753.

If you delve a little deeper into these figures, we will find that there are 61 houses for sale, of which 39 are active listings in the $500,000 to $750,000 price range. 22 of the luxury houses for sale are under contract. The good news is that in the last 30 days, 5 houses have sold in the $500,000 to $750,000 range. The average list price for the homes for sale in this price range is $584,000, with an average of 4 bedrooms and 3 1/2 baths. The average price per square foot is $181. The average Days on Market (DOM) is 58. 

Of the homes under contract, the figures are a bit different.  The pending contract price average is about $621,000, an average of 4 bedrooms and 3 baths, and the average price per square foot is $201. These figures are not the final sales figures, so these may change, some significantly. One house in this price range is currently a short sale, and 2 of these homes are bank owned, or foreclosures.

For luxury homes for sale in Palm Harbor priced between $750,000 to $1 million, 

there are 20 homes for sale, of which 4 are under contract. In this price range for luxury homes, none are either a short sale or a foreclosure. Of the 5 sales in this price range, 4 were funded with conventional mortgages and one was a private sale.

As of today, there are 25 homes for sale above $1 million in Palm Harbor. Of these luxury properties, 23 are active listings and 2 are under contract. The two properties under contract are on the Gulf of Mexico waterfront. The average list price for these luxury homes is $1.636 million, with an average of 4 bedrooms and 4 1/2 baths and an average price per square foot of $330. The average DOM is162. None of the 25 homes priced above $1,000,000 are distressed sales (short sale or bank owned).

Overall, in the Pinellas County real estate market, there is a 3.4 month inventory and an overall absorption rate of 29.5%. In all of Pinellas County, there were 1567 homes sold, down slightly from April when there were 1768 homes sold. The median and mean sales prices for homes sold in Pinellas County were 96% of list price. And an interesting note, if you happen to be looking at foreclosed property, the mean and median sold price was 100% of the list price. This indicates that banks are not negotiating much on foreclosures.

If you would like to learn more about the Palm Harbor luxury home market, be sure to contact us at Sun Bay Realty Group. We have been in the market for over 18 years.

 

 

Live in Palm Harbor, Lots of Things to Do

by Doug Campbell

Why not live in Palm Harbor and find that there are lots of things to do in this Gulf Coast community? How often do you wonder if there are things to do in Palm Harbor? Well here is a list, although not complete, but it will certainly give you the idea that Palm Harbor is a community that offers a great quality of life. And by the time you are done reading this blog, you will want to look for real estate for sale in Palm Harbor.

Is a day at the park something that appeals to you? You can bring a picnic with you for a full day of family fun. Palm Harbor offers several parks, including John Chestnut Park and Wall Springs Park. John Chestnut Park is on the east side of Tarpon Lake and admission is free to all. There are many covered pavilions with picnic tables and charcoal grills so you can enjoy the day and be in the shade while you grill your burgers and hot dogs. The go take a stroll on the boardwalk along the lake and if you look really hard, you might see a gator. Just don't feed them! Or, catch a bass in the lake. 

If you prefer the salt water life over the fresh water of Lake Tarpon, take a trip to Wall Springs Park, again with free admission. There are walking trails that lead to several fishing piers that you can introduce little children to the fun of catching their first fish. Also, Wall Springs offers lots of areas for kayakers to investigate the mangrove forests and maybe see egrets, or dolphin, or lots of fish. Wall Springs is open until dusk every day. There is even an observation tower to climb for a panoramic view of St. Joseph's Sound. You can ride your bike on the Pinellas trail and get to Wall Springs Park easily, the entrance to the park is right along the Pinellas Trail. These are great reasons to look for homes for sale in Palm Harbor, so let's find a few more.

Looking for something more competitive than a day in the park, try golf. Palm Harbor has lots of golf courses, to test every skill level. There is the Innisbrook Golf Resort, host to the Valspar PGA golf tournament on the famous Copperhead Course. The restaurant is a world class steak house, there are three other championship courses within the resort to complement Copperhead. You can buy a luxury home within the resort, there are vacation rentals also available and all the amenities are available. During Spring Training, there are major league teams just a short drive to see the Blue Jays, or Phillies or the Yankees get ready for the major league baseball season.

Other golf courses include the Countryside Country Club, Lansbrook Golf Club, East Lake Country Club and all offer spectacular golf experiences with beautiful and manicured courses.

Maybe you prefer a little indoor fun, such as eating and enjoying a beverage. In Old Palm Harbor there is Peggy O'Neill's for really great food in a fun atmosphere. And Peggy's really rocks on St. Patrick's Day. Or try the Thirsty Marlin. Enjoy fresh local seafood in a very relaxed setting, including the outdoor patio where you can enjoy your meal and even have a tasty cold beverage, all while enjoying our beautiful weather. Still need more things to do in Palm Harbor? Try the Stilt House brewery, the latest craft brewer to our area. Do you yet have enough reasons to look for real estate for sale in Palm Harbor?

Not yet? OK, here is more information. A hidden little area is Ozona, west of Alt. 19 and nestled on the Gulf Coast. For a true feel of Florida, try Molly Goodheads restaurant, even get a bite of gator if you dare. Molly's has been around for many years and is definitely a favorite of the locals, so get away from the mainstream tourist areas and have a great experience at Molly Goodheads. If you would rather dine on the water, there is Ozona Blue, serving the freshest Florida seafood overlooking the Ozona marina.

Here is something that you aren't going to find many other places - The Suncoast Primate Sanctuary. this is a place where chimpanzees, orangutans and monkeys can "retire" after they are no longer suitable as pets, or retire from laboratories or the film industry. Visitors can come to the Sanctuary to view the animals from 10 AM to 4 PM, Thursday thru Sunday. Donations are accepted, with adults at $10, children $5, and kids under three are free. The Pinellas Bike Trail goes right by the Sanctuary so take a break from your ride and visit.

Are you tired yet? How about other things to do in Palm Harbor, like a night at the movies or head to any of the many, many fine restaurants in the area? Muvico in Palm Harbor has ten screens for the latest movies, or cross US 19 for the Cobb Countryside 12 Cinemas at the Westfield Countryside Mall, where before or after the movie, stop in at PF Changs for super Chinese food, or Red Robin for a great burger and all the fries you can eat, or Bar Louie or BJ's Brewhouse or Grimaldi's Pizzeria or any of the other many restaurants offering good food, and great fun.

So, if you really want to look for real estate for sale in Palm Harbor to fit your lifestyle, go ahead and do it. Palm Harbor has multiple terrific lifestyles, from country club living and playing on excellent golf courses, to living on the water so you can see the best sunsets every evening, for free, or take a boat out to maybe catch dinner, or just stroll along the beach for quiet time. 

Oh wait!! Forgot to mention the Palm Harbor schools. Simply put, they are excellent. Palm Harbor University High School is a sought after magnet school on the west side of US 19. then in the East Lake area is the well thought of East Lake High School. Both schools have excellent academics and very good athletic programs. There is so much to talk about the good life in Palm Harbor that we'll save it for another time to cover even more reasons to want to live in Palm Harbor and to look for homes for sale in Palm Harbor. Stay tuned, we just might find what makes you want to be here.

Looking for a Home in Pinellas County

by Doug & Gwen Campbell at Sun Bay Associates

Are you looking for a home in Pinellas County and having trouble finding a good school in Pinellas County? Do you have kids in elementary or high school, or both? Are you debating about whether to look for a home in Seminole, or Palm Harbor, or Dunedin or Tarpon Springs? When deciding on a home and you have children, the location, as it always is in real estate, is critical.

Did you find a house that you really like and want to know what schools it is zoned for? Try this link and get it straight from the county school district. Are you looking for general information on the area, to see if you really want to look for a home for sale in Palm Harbor, or homes for sale in Dunedin? What about  houses for sale under $250,000 in Dunedin or maybe look for Palm Harbor houses for sale under $350,000.

Maybe you are looking for a home for your parents, your kids' grandparents, so someone trustworthy will be available to watch the kids, or help out when time becomes an issue. Find the parents a home in an active 55+ community and then rest comfortably knowing they are just a short drive away to share family time with the kids, or attend the school science fair, or recitals or watch your child in the lead in the school play.

If you want to find out about individual schools in Pinellas County, visit the Pinellas County school system website and search for each school to find out all you would want to know about that school.  In the meantime, enjoy looking for homes for sale in Dunedin, or homes for sale in Palm Harbor or anywhere else in Pinellas County you want to live.

Why Live in Palm Harbor!

by Doug & Gwen Campbell at Sun Bay Associates

Why live in Palm Harbor? Instead of a whole lot of text and bad writing, here are a few bullet points. Enjoy.

  • Gulf of Mexico, waterfront homes
  • Close to Tampa International Airport, 30-45 minute drive
  • Great schools, including Palm Harbor University High School, East Lake High School, Countryside High School
  • Old Palm Harbor downtown area, with Peggy O'Neils, Thirsty Marlin, Boyle's Backyard
  • More Old Palm Harbor downtown: annual Parrothead Festival, antique car shows, Taste of Palm Harbor

  • Fishing, on the Gulf of Mexico and the Intra coastal waterway, inshore for speckled trout, redfish, tarpon, snook, flounder or go off shore for grouper, snapper, amberjack and more
  • Kayaking, kayak in the mango groves, watch the dolphins, manatees, sees living sponges, much more
  • Golf courses, there are several golf courses in Palm Harbor, the crown jewel is Innisbrook's Copperhead Course, and there are also Tarpon Woods golf course, Chi Chi Rodriguez golf club, Lansbrook golf club and several other excellent venues
  • Retirement, Highland Lakes is a terrific active adult community with access to Lake Tarpon and has unlimited golf for the residents of Highland Lakes

Just check out the lifestyle in Palm Harbor. You're gonna love it.

 

Curious About the Schools in Palm Harbor??

by Doug & Gwen Campbell at Sun Bay Associates

Now is the time to start looking for a home in Palm Harbor, if you are thinking of moving and finding a school for the next school year.  The Palm Harbor real estate market has three main ZIP codes, 34683, 34684, and 34685.  There is a lot of information available on the schools in Palm Harbor.  This special Market Insider link will take you to a page to get started investigating schools.  When you get there, simply enter a zip code and get additional info on that zip code for schools, or other community data.

As long as you are checking out the school systems, you may also want to look into house prices for an area.  You can do that on the same Market Insider page, just click on the "Market Analysis" tab, enter your zip code and learn about the Palm Harbor real estate market.

While checking out the homes for sale in Palm Harbor, you might want to find the value of your home, if you are going to be considering selling in the near future.  Get an immediate estimate of your home's market value, then if you need a customized report, contact us for a professional comparative market analysis.  As this is written, there are 136 single family Palm Harbor homes for sale in zip code 34683.

If you would be interested in seeing which Palm Harbor homes for sale are currently available, visit our IDX home search link, select a zip code, then add as many or as few other details as you like, and start searching.

Palm Harbor is a terrific community with plenty of things to do, events to attend and a whole lot of good places to eat and shop.  Visit Old Palm Harbor's downtown area, with some really good restaurants to enjoy a meal and get together with friends and family.  The Gulf of Mexico is the western border of Palm Harbor, so boating and fishing are easy activities to get involved in.

Check it out, it is a great place to live.

5 Things To Do in Palm Harbor

by Doug & Gwen Campbell at Sun Bay Associates

Palm Harbor is a wonderful community in Florida, just a little west of Tampa and north of Clearwater and Dunedin.  The schools are excellent, the location is outstanding and close to beaches, the Tampa airport and several beautiful parks.

Here are 5 things to do in Palm Harbor, and they are just the tip of the iceberg.  They are in no particular order.

Wall Springs Park. This park has nature walks, an observation tower to walk up and look out onto St. Joseph's Sound, playground for the kids, several fishing piers for your enjoyment, public restrooms and plenty of parking.  The Pinellas Bike Trail goes right by Wall Springs Park so riding to the park is easy.

Innisbrook Golf Club.  Innisbrook is home to a PGA tour event every year.  The clubhouse and course are excellent and the rates for the summer season are really good.  This is a true test of your golfing skills, and is a stunningly beautiful course.

Suncoast Primate Sanctuary.  This is home to former movie and retired zoo apes, mostly chimps.  Ride by the Sanctuary on the Pinellas Trail, or drive to it and then walk through to see the wonderful things the Suncoast Primate Sanctuary does for these beautiful animals.  Learn about the lives of these creatures.

Sun West Cyclery.  This is a great bicycle shop where you can rent bicycles to take a trip on the Pinellas Trail.  You can even rent a recumbent bike for those who want to lie down while getting their biking exercise.  Of course you can purchase a bike here too.

The YMCA.  The north Pinellas chapter of the YMCA is in Palm Harbor.  There are lots of activities for kids and the entire family.

Palm Harbor also has tons of other things to do, so keep coming back to see what is next.  We'll talk about the schools, restaurants and other exciting things to do in Palm Harbor as time goes by.

If you would like to learn about home values in Palm Harbor, check out our home valuation link for any house that interests you.

This is a map of Baywood Village, one of the waterfront communities within Palm Harbor. Click on it to see what real estate is available in Palm Harbor.

Displaying blog entries 1-6 of 6

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Photo of Gwen and  Doug Campbell - Sun Bay Realty Group Real Estate
Gwen and Doug Campbell - Sun Bay Realty Group
at Keller Williams Realty
30522 US Hwy 19N, Suite 107
Palm Harbor FL 34684
Doug's Cell 727-741-4189
Gwen's Cell 727-741-7260
Fax: 888-447-7908