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Indian Trails, Palm Harbor a 30 Day Real Estate Update

by Doug & Gwen Campbell at Sun Bay Associates

Today we are looking at the 30 day real estate update for the Indian Trails, Palm Harbor real estate market.  Indian Trails, Palm Harbor is a deed restricted community that has tree lined sidewalks, wonderfully landscaped homes with large yards, is very close to the Pinellas bike trail and of course the wonderful Clearwater beaches and the Sponge Docks of Tarpon Springs.  For specific community information, visit the Sun Bay Associates links page for school, community activity, tax info and much more.

Here is the latest information on the Palm Harbor real estate market in Indian Trails, Palm Harbor.  There are 6 homes listed for sale.  Two of these have been listed in the last 30 days.  One, a 2,796 square foot pool home with 4 bedrooms on Treetop Drive has only 16 days on market.  This is a Palm Harbor short sale.  The other new listing is a 3,018 square foot pool home with a 3 car garage, 4 bedrooms and 4 baths, has only 25 days on market and is not a Palm Harbor short sale.

Short sale houses are often a very good purchase since the owner usually lives in the house and is maintaining it.  These homes often sell for as much as 15-20% below market value so a buyer looking for a "deal" can find a house available for less than market value yet is good condition.  A key difference between a short sale and a bank owend home is that usually the foreclosed house is well below market value, by as much as 40%, however it is in need of major repairs or maintenance, so the 40% savings in purchase price can be eaten up quickly by repairing the home to make it livable.  Traditional, short sale and foreclosed homes all have market advantages, and there are very often more drawbacks when looking at distressed property, especially the maintenance issues.  The longer a house sits empty, the more likely the purchase price savings is going to be consumed by repairing the house.

There is one Palm Harbor distressed property in Indian Trails that is a foreclosure.  It is at 1401 Indian Trail South, is a 2,404 square foot pool home with 3 bedrooms/2 baths and is listed for only $192,000.  This Palm Harbor distressed property is very well priced for this community.

For this 30 day reporting period, there are three homes listed with pending contracts in Indian Trails, Palm Harbor.  All three are Palm Harbor short sale homes.  One, a 3,136 square foot home with 4 bedroms and 2 1/2 baths is listed for $227,000 and had only 5 days on market before it went under contract.  The other two houses in Indian Trails, Palm Harbor that are under contract and are also Palm Harbor short sale homes are:  1300 Indian Trail S, a 2,324 square foot pool home, with 3 bedrooms and 3 baths.  The other home under contract in Indian Trails, Palm Harbor is at 1429 Rolling Ridge Rd., is a 2,599 square foot pool home with 4 bedrooms and is listed for $265,000 with 185 days on market.

For additional information on homes in the Palm Harbor area, or for Palm Harbor short sale homes, contact us or visit Sun Bay Associates Market Snapshot page where you can enter specific any specific address to learn more about the neighboring community, real estate activity and prices, and much more.

Eniswood, Palm Harbor Real Estate Update

by Doug & Gwen Campbell at Sun Bay Associates

Today's topic is an Eniswood, Palm Harbor real estate update.  Eniswood, Palm Harbor is a community in Palm Harbor with mature oak trees, mostly pool homes with plenty of space, from just under 2,000 square feet to over 3,600 square feet of living space.  Eniswood, Palm Harbor is also very close to the Pinellas bike trail, and is convenient to historic downtown Palm Harbor, the Gulf of Mexico and the world famous Tarpon Springs Sponge Docks.

For current information on this or any other community in the area, visit Sun Bay Associates Market Snapshot for real time real estate information.  Just tell us what community you want to research and we'll do the rest.

For this 30 day period for the Eniswood, Palm Harbor real estate update, there are currently 3 homes listed for sale.  Two of these just came on the market, showing 3 and 13 days on market.  The newest listing is a 2,464 square foot pool home wtih 4 bedrooms, 3 baths and a 2 car garage and is listed for $265,000.  The largest home that is currently listed has only 13 days on market, is a 3,623 square foot, 5 bedroom home with a pool and is listed for $389,900.  Both houses are listed at $108 per square foot.

There are currently 6 houses in the Eniswood, Palm Harbor real estate market that are under contract.  Of these, 5 are Eniswood short sale houses.  The average days on market for these houses is 139 with the low number of days on market at 7 and the high is 402.  Except for one home on 1300 Eniswood Parkway, all are Palm Harbor distressed property listings. 

A short sale is more a reflection of the real estate market than anything.  People who invested in their homes in the run up to the real estate bubble are now caught since the bubble burst and often through no fault of their own, are living in a house that is worth less than when they purchased it.  People live in these homes, maintain them and because life happens, they need to sell, for whatever reason.

If you are interested in searching for Palm Harbor distressed property, visit Sun Bay Associates home search and design a search for Palm Harbor distressed property, or look in any community you would like to search, enter your requirements and we'll send you the data as it comes available.

at Keller Williams Realty

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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 S
Palm Harbor FL 34684
Doug's Cell 727-741-4189
Gwen's Cell 727-741-7260
Fax: 888-447-7908