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Dunedin Condos for Sale

by Doug & Gwen Campbell at Sun Bay Associates

Dunedin condos for sale.  Is this an exciting sentence or not?  It is if you are looking for a condo in Dunedin, FL.  If you are interested in the Florida lifestyle, Dunedin is the city for you.  Dunedin is a small city or just under 50,000 people, it is located on the Gulf of Mexico, just north of Clearwater Beach and just south of Tarpon Springs and Palm Harbor.  Actually, if you go to the west edge of Dunedin, on the Gulf, and look across the water, there is Clearwater Beach and Caladesi Island.

Caladesi Island is accessible by boat only.  No cars, no roads.  There are nature paths for walking, and you can observe bald eagles, various sea birds, tortoises, dolphins just off the beach, osprey, and other forms of wildlife.  Caladesi Island has been named by Dr. Beach as the best beach in the country.  If you are a sportsman, the fishing off Caladesi Island is excellent, and includes redfish, snook, and for excitement the occasional shark.

Of course, Clearwater Beach is a world famous beach destination, with a wide sandy beach with lots of things to do, including watch stunning sunsets, Pier 60 and its attractions, various restaurants and attractions such as dolphin cruises, dinner cruises and parasailing.  Clearwater Beach is a very short drive from Dunedin and provides a good bit of extra entertainment for those who are looking for Dunedin condos for sale.

Oh yeah, we were talking about Dunedin condos for sale, weren't we.  The prices range from the very affordable to the luxury market.  Look at the listings below to see what is happening with Dunedin condos for sale.

And did we mention the lifestyle?  Dunedin's Main Street has great restaurants, interesting and unique shops, hand-made ice cream, lots of parks with outdoor concerts, green markets and an endless schedule of arts and crafts fairs, special events festivals - Cinco de Mayo, Mardi Gras, Wines the Blues, juried arts fair, and lots more.

Check it out.  Dunedin is a great place to live.  And there are Dunedin condos for sale.

Pinellas County Real Estate - Did We Hit Bottom Yet??

by Doug Campbell at Sun Bay Associates with Keller Wi

What a conundrum (also the name of a good wine) the real estate market in Pinellas County is. This includes Clearwater, Dunedin, Oldsmar, Tarpon Springs and the various beaches among other communities.  Sales are up. Even prices are up!! The number of listings is down. And distressed property was less than 20% of the active inventory in our area of Tampa Bay for the month of May. Better yet, bank owned (foreclosed) property was only 5% of active listings.

The median prices for non-distressed (short sale and bank-owned) properties in the Tampa Bay real estate market were 16% higher than the distressed property prices. The best news is that total sales for this year are up almost 12% compared to last year.

So why is the media still talking about the bad Tampa Bay real estate market? The short answer is, "I don't know." Today when a house in good condition comes on the market and the price is close to market value, it seems these properties are flying off the shelves. Of course, there are still those sellers who "need" to get XX dollars from the sale of their house, and their Realtor does not do a very good job of presenting the true market value, thus the house goes on the market too far above market value, sits there for months with no activity, and ends up sitting on the market after turning into a stale listing that no one even wants to see.

The best way to maximize your profits when selling a house is to price it at the market value.  In the current market for Pinellas County, when a house is priced right, buyers who  have been following the market and know the inventory is low, look at it immediately. The buyers then determine the market value by showing up to look at the house, and make offers.  The seller has the opportunity then to either sell the house at the offer price, negotiate a deal, or hold fast to a price that is too high, thus re-buying their own home. In this environment, it is not rare for the house to actually sell a little above the list price. When there is not a lot of selection, buyers get more eager when a good property comes available.

In our Tampa Bay market (St. Petersburg, Madeira Beach, Ozona, Clearwater Beach and others), houses that are currently in the $120,000 to $140,000 price range are selling fastest, making up just about 10% of the market. The number of active listings in Pinellas County in May 2012 was 3,217, a decrease of more than 34% from May of 2011. This appears to be the lowest level of active listings since before January of 2007. That is the lowest level of listings in over 5 years!! This is telling the buyers who are looking for further price drops that there probably won't be any, as the law of Supply and Demand is kicking in.

One last little statistic, in the Pinellas County real estate market, 60% of residential transactions year to date (thru May) have been cash, 24% are conventional, and 11% FHA.

The message is clear, if you are a buyer, don't wait or it will cost you more money for the same house. The other way to look at that is you will get less house for the same money. Look at the above info and you can determine if the Tampa Bay real estate market has hit bottom yet.

Clearwater Beach Open House

by Doug & Gwen Campbell at Sun Bay Associates

Today is a very short blog.  July 19, 2009 we are having an open house on Clearwater Beach at 881 Eldorado from 1 pm to 4 pm.  This is a great house in Clearwater Beach, one very short block off the beach.  It has over 3500 square feet for partying and reflects the terrific beach lifestyle that is available here in Tampa Bay.  If you happen to be in Clearwater on Sunday, July 19, stop in to take a look at a dream beach house.  Inside parking for six, a huge party room on the top level with room for a full sized pool table, ping pong table and it has a wet bar.  It has a fireplace on the main floor with an outside deck to watch the sunsets. 

If you are looking for the beach lifestyle here in Tampa Bay Florida, this could be the perfect beach house for you.

Check Out Our June Newsletter

by Doug & Gwen Campbell at Sun Bay Associates

Just a quick reminder to check out our latest real estate newsletter and take a look at our listings for the Tampa Bay area.  There's a great new listing, a terrific beach house on Clearwater Beach, Florida.  Over 3550 square feet, only a block from the beach.  It's a great party house.

And in the newsletter is a piece about the $8,000 tax credit for first time homebuyers.  But get going and take advantage, it expires before the year is out.

Home sales are going up.  It seems that the prices are now attracting buyers, and not only first time buyers, but repeat buyers.  So check out our June newsletter to see what's happening in real estate in Tampa Bay.  Visit our website for all our newsletter and blogs.

Displaying blog entries 1-4 of 4

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Photo of Gwen and  Doug Campbell - The Campbell Team Real Estate
Gwen and Doug Campbell - The Campbell Team
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