Baywood Village in Palm Harbor, Florida, is a waterfront community that has a good deal of real estate sales activity.  As of today, October 26, 2010, there are 19 active listings, 1 active with contract listing, 3 pending sales and 5 properties have sold in the last 90 days.

Of the 19 active listings in Baywood Village, the prices range from $117,900 with no waterfront or access and no pool, to $935,000 with waterfront, direct Gulf access and wonderful waterview. 

The active with contract and the pending sales range from $125,000 to $399,000 and except for the listing at $125,000, the others have waterfront, Gulf access and excellent water views.

Of the houses that sold in the last 90 days, one on 312 Crosswinds Drive was listed for $239,000 and sold for $230,000 with no waterfront but with a pool and was 115 days on market.  The other four houses all have waterfront, Gulf access and water views.  368 Westwinds Drive was listed at $287,000 and sold for $250,000 after 104 days on market.  366 Westwinds was listed at $354,000 and sold for $300,000 after only 2 days on market.  340 Westwinds Drive was listed at $849,000 and sold for $739,000 after 137 days on market and 309 Crosswinds Drive was listed at $849,000 and sold for $860,000 after only 66 days on market.

A key element to the correct pricing is days on market. The range for days on market for the successfully sold houses is from 2 days to 137, with the 137 days on market home selling for $739,000.  For the active listings, or those that have not yet sold, the days on market ranges from 33 to 679.  For the houses above 200 days on market it is very safe to say that the asking price is being rejected by the marketplace.

At the current rate of sales, there is less than four months inventory of homes for sale in Baywood Village, Palm Harbor.

To learn more about the values of real estate in your neighborhood, go to Sun Bay Associates website home page and select the Market Snapshot button.  If you would like to simply search for houses in the area, click here on our FREE home search  and you can design your own real estate search.