Pointe Alexis South, Tarpon Springs is a charming community with ponds, tree lined streets, a very active community that has a community center, pool and clubhouse.  Pointe Alexis South, Tarpon Springs is near to the world famous Tarpon Springs Sponge Docks, Clearwater Beaches, Honeymoon Island and Caladesi Island, shoppping and many, many excellent restaurants.

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For the last 30 day reporting period, there have been no new listings in Pointe Alexis South, Tarpon Springs, however one home did sell.

There are 6 active listings in Pointe Alexis South, Tarpon Springs with list price ranging from $175,000 to $300,000 and days on market ranging from 57 to 429.  The days on market is an excellent indicator of how well the market is accepting the price of a house.  The longer a house is on the market (days on market) the less the market is accepting of the list price.  Typically, a house that has more than 90 days on market is priced too high for the current market conditions and needs to be adjusted downward.  Of the six active listings in Pointe Alexis South, Tarpon Springs, 4 of these have days on market in excess of 125 days, from 142, 237, 343 and 429 respectively.  This is a very strong indication that the market is simply not going to accept the list prices of these houses.

Three of the houses are Pointe Alexis short sale houses making it even harder to sell because of the lengthy delays by the banks in responding to any offers.

Two of the houses listed for less than 90 days have days on market of 57 and 68 and probably will go beyond the 90 day mark since they are the two highest priced listing in Pointe Alexis South, Tarpon Springs.

There are three houses under contract in Pointe Alexis South, Tarpon Springs.  Of these, 2 are Pointe Alexis short sale houses.  One has 163 days on market and the other Pointe Alexis short sale has 798 days on market.  The list prices for these homes ranges from $109,743 to $200,000 and because they are under contract the market has accepted the listing price, although the final price will not be known until the houses close.

One home in Pointe Alexis South, Tarpon Springs sold in the last 30 days.  It is at 1005 Lake Avoca Dr. and was listed for $100,000 with a sale price of $92,000 after 78 days on market.  This is a 1,576 square foot, 2 bedroom/2 bath home.

For information on this community, or any other specific community in the greater Tampa Bay area, visit the Sun Bay Associates Market Snapshot.  This report will be emailed to you at no cost or obligation and gives currently listed properties, recently sold properties at the real prices, and lots of other relevant information.