Here is today's 30-day update, this time for East Lake Woodlands, Oldsmar.  We are looking at single family real estate activity in the past 30 days.  More than 1/2 of the real estate activity in East Lake Woodlands, Oldsmar is made up of distressed property, mostly short sale houses in the single family real estate market.

There are 13 currently active listings in East Lake Woodlands.  The list prices range from $119,900 to $1,250,000 and the days on market range from 17 to 279.  The average list price for East Lake Woodlands is now $379,071 and the average days on market is 140 for houses that are listed for sale.

Two homes have come on the market in the last 30 days.

435 Holly Hill Rd., listed for $283,900.  This is a 2,180 square foot home, with 3 bedrooms/2 1/2 baths, a pool and a 2 car garage.

The other recent listing is 5276 Enclave Dr., listed for $949,000.  This singlel family home is 4,779 square feet, with 4 bedrooms/4 baths, a pool and a 4 car garage.

There are for this 30 day period, 4 houses under contract in East Lake Woodlands, Oldsmar.  All are distressed property.

165 Nina Way, listed for $105,000 had 61 days on market.  It is a distressed property, short sale.

10 Morning Dove Pl., #1-B, listed for $149,900 at only 13 days on market.  This is a 1332 square foot home with a pool and is a distressed property, short sale.

440 Palmdale Dr., listed for $215,000 and 456 days on market.  This is a 2276 square foot home, no pool and a 2 car garage.  This is a distressed property, short sale.

430 Forest Park Rd., listed for $299,000 with 124 days on market.  This is a distressed property, bank owned house.

One house sold in the last 30 days in East Lake Woodlands.  It was a bank owned house.  1756 E. Lake Woodlands Pkwy., listed for $1,050,000 and sold for $980,000 after only 44 days on market.  This clearly is proof that even the up scale homes are subject to becoming distressed property sales.

In Pinellas County, there were 432 homes for sale above $900,000.  Of these 432 homes listed for sale in this price range, 6 sold.  This is a very good indicator that if a house in this price range is going to sell, it will need to be priced correctly, or it can sit on the market for a very, very long time because there is so much competition on the market at the upscale price range.

If you would like to learn more about distressed property, visit Sun Bay Associates' distressed property website.  There are free reports and lots of information about short sales, foreclosures and much more.

To learn more about your specific neighborhood, visit Sun Bay Associates' Market Snapshot and see in real time what the real estate activity in the neighborhood looks like, including prices of homes for sale and prices of homes that actually sold.

For those of you who are adventurous and want to design your own real estate search for the greater Tampa Bay area, visit Sun Bay Associates FREE home search and create your unique real estate search.

Happy House Hunting!!