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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.

 

Westlake Village Real Estate

by Doug & Gwen Campbell at Sun Bay Associates

Westlake Village in Palm Harbor is a community with its own community pool and park.  It is a beautiful neighborhood with mature oak trees and the location is very convenient to the Pinellas bike trail, beaches in Clearwater, Dunedin and Tarpon Springs.  This community is zoned for the Palm Harbor University High School, too.

Currently there are 9 homes listed for sale in Westlake Village and two of these are Westlake Village short sale houses.  One Westlake Village short sale is at 560 Hollow Ridge Rd, is a pool home with 1,823 square feet and is listed for $169,000 with 335 days on market.  The other Westlake Village short sale is on 835 Hillside Dr., is a pool home, with 1,799 square feet and is listed for $229,000 with 32 days on market.  The other seven active listings in Westlake Village are not distressed sales.

Visit Sun Bay Associates Market Snapshot site to get real time real estate information on any specific neighborhood of your choosing, whether it be Westlake Village, Baywood Village or any other community in the greater Tampa Bay area.

There are currently 6 houses in Westlake Village that are under contract.  Two are Westlake Village short sale homes and one is a Westlake Village foreclosure home.  The Westlake Village foreclosure is listed for $165,000 and was only on the market for 19 days.  The two short sale houses are listed for $197,000 and $208,240.  The Westlake Village short sale listed for $197,000 is a 2,602 square foot pool home with 4 bedrooms and 2 and 1/2 baths.  It was only on the market for 30 days.  The other Westlake Village short sale is listed for $208,240, is a 2,192 square foot home with 3 bedrooms and 2 baths.  It had only 0 days on market when it went under contract.

Two houses sold in Westlake Village in the last 30 days.  One, at 30 Knollwood Ct. was listed for $169,000 and sold for $170,000 after only 67 days on market.  This house was a Westlake Village foreclosure and if you will notice, as often happens with bank owned houses, the sold price was above the list price.  The other house that sold was on 535 Hollow Ridge Rd., and was a Westlake Village short sale.  This house was listed for $194,916 and sold for $198,000 after 60 days on market.  Again, this house sold for more than the list price because the market recognized that this is a very good buy in Westlake Village.

If you would like to create your own personalized search for real estate in the Greater Tampa Bay area, visit Sun Bay Associates Free Home Search link, build your search to your exact specifications and get real time infomation on listings and sales in the area.

The prices for Westlake Village are being held down somewhat by the distressed sales and listings in the community.  As they are cleared out, it is quite possible that the pressure to keep prices so low will abate and those who are considering selling may get more for their homes, after the distressed properties are sold or greatly reduced.  As it stands now, of the 8 houses under contract of sold in this 30 day period, 5 are distressed properties.  Only 2 of the active listings are distressed, leaving 7 "traditional" real estate sales.  Eventually the distressed properties will be sold ad the real estate market will stabilize and start to recover.  The big question is how long before the recovery actually starts, and the answer to that is anyone's guess.

Happy House Hunting!

at Keller Williams Realty, Palm Harbor, FL

Westlake Village, Palm Harbor Real Estate Update

by Doug & Gwen Campbell at Sun Bay Associates

Today is our Westlake Village, Palm Harbor real estate update.  The Westlake Village real estate market was very busy in the last 30 days, with seven new lisitngs and one house sold.  Of all the active listings in Westlake Village, 4 are short sales.  Three of the new listings in Westlake Village are short sales, and have been on the market for 25, 20, 6 and 5 days.  All are pool homes, have 2 car garages, and are 1800 square feet or more.  For additional information on this or any other specific neighborhood, visit Sun Bay Associates Market Snap Shot for real time Palm Harbor real estate information.

For houses under contract, here is more information on Westlake Village real estate.  There are 5 houses under contract in Westlake Village, all are distressed properties, with one a bank owned house and four short sales.  The bank owned house is listed for $165,000, is a 2 car garage, pool home with 3 bedrooms and had only 60 days on market before going under contract.  The other four Westlake Village short sales range in list price from $168,000 to $208,240. The average list price per square foot is just under $87.

The house that sold on 20 Woodcutter Lane was listed for $225,000$ and sold for $204,000 with 51 days on market.  This Westlake Village short sale is a pool home with 4 bedrooms and 2 car garage.  The sold list price per square foot for this home was $94.

The Palm Harbor real estate market is buzzing now that prices may have hit bottom or are very close to it and interest rates have started to rise.  To follow Palm Harbor real estate activity, click on Sun Bay Associates FREE home search  to design your own unique real estate search for real time information on the Palm Harbor real estate market or any other market in the greater Tampa Bay area.

Happy House Hunting!!

Westlake Village , Palm Harbor - a 30 Day Real Estate Update

by Doug & Gwen Campbell at Sun Bay Associates

Today's 30 day real estate market update is for Westlake Village, Palm Harbor.  This is a charming neighborhood, with tree lined streets and park like setting, close to the Pinellas bike trail and of course near to many of Florida's best beaches, including Honeymoon Island and Caladesi Island state parks, just a short drive away.  Or even a pleasant bike ride for the more adventurous of us.

For the last 30 days, there are 7 houses listed for sale, with list prices ranging from $185,000 to $298,000 and the average list price is $256,486.  The days on market range from 15 to 168 and the average days on market is 98.  Of the seven houses actively for sale in Westlake Village, only one is a distressed property, a short sale and is termed a fixer upper.  This is a great opportunity for an investor to buy in Westlake Village, Palm Harbor and with a little elbow grease, and yes, some cash, renovate this house, with over 2,000 square feet and get in to this very nice neighborhood.

For this 30 day period, there are currently 5 houses under contract.  All five of them are distressed property, four are short sales and one is a bank owned house.  The list prices for these houses range from $169,900 to $225,000 with the average list price for these houses under contract being $199,950 and the days on market range is from 0 to 215, with the average days on market at 79. 

One house sold in this 30 day period, listed for $239,000 and sold for $237,500 after 118 days on market.  This is a beautiful home on .4 acres, a totally remodeled kitchen with custom cabinets and granite countertops, a true showplace home.  This home was NOT a distressed property.

As you can see, the average list price for the 7 houses still for sale, on average with 98 days on market, is just over $256,000.  The average price for the 5 houses under contract, on average with 79 days on market, is $199,950.  This is more than a $50,000 difference between what people want to get for their homes and what the current market demand is saying homes in the community are worth.  Granted, the houses under contract are distressed property, however, not the owners are still living in three of them and maintaining them.  This is a fact of life in real estate at the present, and owners need to take the number of distressed property in their areas into consideratioin when putting a price on their home.

Competing against a distressed property, especially a bank owned house, can be disheartening for a homeowner.  A key point to remember is that even though a bank owned house may sell for 75% below market value, it may cost more to renovate it and make the house comfortable to live in than buying the "normal" house just up the block that is listed for more money, yet has far fewer issues for an owner to repair before moving in.

For information on the real estate sales in a specific neighborhood, visit Sun Bay Associates' Market Snapshot for real time data on real estate sales.

To learn more about the greater Tampa Bay real estate sales market, visit Sun Bay Associates' FREE home search and create your own unique real estate search.

If you know someone who may be behind on their mortgage and need somewhere to start finding answers, have them visit Sun Bay Associates' Distressed Property site for free reports and concise explanations for short sales, foreclosures, deed in lieu of foreclosure and much more.  Just click on the logo below.

Westlake Village, Palm Harbor-Your 30 Day Real Estate Update

by Doug & Gwen Campbell at Sun Bay Associates

Today's 30 day real estate update is for Westlake Village, Palm Harbor.  This is a community within walking distance of Palm Harbor University High School and has beautiful tree-lined streets with a park-like feeling.

As of today, there are 8 homes listed for sale, ranging in list price from $185,000 to $298,000.  Of the 8 homes, the two at the lowest price range are distressed property, one a short sale, one a bank owned house.  One house in the last 30 days is a new listing, 770 HIckory Ln., listed for $185,000 and a short sale.

There are 5 homes now under contract in Westlake Village, Palm Harbor.

535 Hollow Ridge Rd., listed for $194,916 with 60 days on market.  This is a distressed property, short sale.

849 Hillside Dr., listed for $199,900 with 215 days on market.  This is a distressed property, short sale.

20 Woodcutter Ln., listed for $225,000 with 51 days on market.  This is a distressed property, short sale.

505 Sandy Hook Rd., listed for $239,000 with 118 days on market.  This is NOT a distressed property.

740 Hickory Ln., listed for $208,240 with 0 days on market.  This is a distressed property, short sale.

One home has sold in the last 30 days in Westlake Village, Palm Harbor.

827 Hillside Dr., listed for $264,900 and sold for $230,000 after 60 days on market.  This is a pool home, 2,414 square feet and was a distressed property short sale.

In Westlake Village, the average list price for the 8 homes for sale is $249,663 and 85 days on market.  For the 5 homes under contract, the average list price is $213,411 with 89 days on market.

If you would like to follow real estate activity in your neighborhood, visit Sun Bay Associates' Market Snapshot.  If you are more interested in following real estate activity in the greater Tampa Bay area, visit Sun Bay Associates' FREE home search and design your own unique real estate search.

If you, or anyone you know, would like to learn more about distressed property, short sales and foreclosures, visit Sun Bay Associates' distressed property website.  There is a lot of free info there.

Happy House Hunting!!

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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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