Sold Homes! April 2009

This report shows Sales for Zip Code 33480 in Palm Beach.

Home sales are up in April from previous month. In March 09 there was 1 single family home sale, in April 5 homes were sold. Condo sales were also up, 16 sold in March to 22 sold in April.

Single Family  [ 5 Sold]

$3,000,000 250 Pendelton Ave
$2,650,000 220 Esplande Way
$2,500,000 235 Atlantic Ave
$1,650,000 216 Bahama Ln

Condo  [ 22 Sold]
$4,800,000 3000 S Ocean Blvd PH6
$3,450,000 400 S Ocean Blvd 203/204n
$2,250,000 100 Royal Palm Way B4
$2,250,000 3000 S Ocean Blvd 406
$1,962,000 300 S Ocean Blvd 2A
$1,750,000 400 S Ocean Blvd 418E
$1,725,000 3170 S Ocean Blvd. 502S
$1,300,000 2100 S Ocean Blvd 303N
$1050,000 2100 S Ocean Blvd 607S
$825,000 2580 S Ocean Blvd 1C1
$775,000 2600 S Ocean Blvd 301N
$750,000 3600 S Ocean Blvd 504
$730,000 44 Cocoanut Row B412
$600,000 3400 S Ocean Blvd 6E1
$330,000 3400 S Ocean Blvd 1B1
$320,000 3501 S Ocean Blvd 402
$225,000 2295 S Ocean Blvd 511
$200,000 3575 S Ocean Blvd 104
$175,000 3450 S Ocean Blvd 706
$150,000 3589 S Ocean Blvd 810L
$135,000 4500 S Ocean Blvd 505
$125,000 3589 S Ocean Blvd L33

Sold Homes!  March 2009

This report shows Sales for Zip Code 33480 in Palm Beach.

March 2009

Single Family  [1 Sold]
$12,500,000  1620 S. Ocean Blvd.

Condo  [16 Sold]
$2,100,000 330 Cocoanut Row
$2,000,000 170 N Ocean Blvd 501
$1,900,000 300 S Ocean Blvd PHE
$1,050,000 2580 S Ocean Blvd 1C6
$659,000 3440 S Ocean Blvd 401N
$630,000 2784 S Ocean Blvd 101N
$550,000 3546 S Ocean Blvd 824
$370,000 3300 S Ocean Blvd 207N
$350,000 3440 S Ocean Blvd 306N
$317,000 3546 S Ocean Blvd823
$285,000 2784 S Ocean Blvd 504S
$266,000 3525 S Ocean Blvd 210
$251,500 3546 S Ocean Blvd 323
$177,500 3520 S Ocaen Blvd 203H
$155,000 235 Sunrise Ave 1109
$145,000 235 Sunrise Ave MZT

* All information is deemed reliable but not guaranteed and may change without notice.

Included is the Sales Data as mentioned in the Palm Beach Real Estate Guide.

When looking for a new home, many people are tempted to go it alone.  This usually ends up being quite a daunting task, even for the most tenacious and focused homebuyer.  Here are 10 ways that having a Realtor on your side can help:

1. Realtors research desirable neighborhoods and can relay important information to homebuyers such as home values in the area, amount of taxes paid and zoning restrictions.
2. Realtors can help find financing, prequalify you for a loan and can refer you to home inspection companies.
3. With knowledge about the way other homes in the area are selling, a Realtor can help determine a fair buying price.
4. A Realtor can suggest changes to make to the home to make you more comfortable and to make it a better investment, should you need to sell it in the near future.
5. Realtors can handle many of the tedious tasks – such as paperwork – for you, saving you time and energy.
6. A Realtor usually goes to the closing with you, giving you peace of mind that if an issue should come up, it will be taken care of effectively.
7. Realtors must abide by a code of ethics, treating everyone involved in the transaction fairly and equally.
8. A Realtor has the tools and ability to find the best suited home for you in the most affordable price range.
9. Simply put, a Realtor has the professional experience to put in the time and effort and do the job right.
10. A Realtor’s services are usually free to a buyer – commission is normally paid by the seller.

According to a report by the National Association of Realtors, Canadians made up the largest percentage of foreign buyers of United States homes from May 2007 to May 2008 at 24%. One third of those buyers purchase homes in Florida.  The number of Canadian buyers of Florida homes has more than doubled since the previous year, going from 3,500 to 7,200. 

The real estate market is ever changing; much like the fashion industry buying and selling trends are a continual ebb and flow. One of the biggest mistakes in a buyers’ market is to price homes with a “cushion” for negotiating room. With more and more inventory to look at buyers are taking their time to decide and heavily weighing pros and cons. They are searching for the most updated home with the best price in the most ideal location. Pricing your home correctly right from the beginning while your home is new on the market is crucial.

The agents at Scott Gordon Realty and Exclusive Estates are very familiar with the current market trends and are always available to assist you with any questions or if you need a price analysis of your home.

Your real estate agent determines the best price for your home by examining two categories: the current homes listed and the recent sold homes. Looking at homes that have sold in the last 30 days will give you an idea of what homes would have gone under contract for about 60 days ago. Then examine the current homes listed, a motivated seller will price their home the lowest of what is currently listed to ensure a fast sale.

Coming out of a seller’s market many homeowners in Palm Beach County understandably have trouble pricing their homes for the current market conditions. When faced with the need to sell your home, you need to weight the cost of lowering the price vs. your home possibly sitting empty and unsold, or the cost of postponing an important move for work or other reasons.

Other than price the second area buyers are focusing on is overall home condition. There are a few things you can do with minimal cost that will have a tremendous difference. These are a MUST if you need to sell your home quickly.

   1. New paint, inside and out! Paint is the least expensive update yet has the biggest impact.

   2. New carpet/flooring. Everyone wants to feel like they're in a new home, doing this simple task for the buyer may just put your home way above the completion.

   3. Replace the small things. Attention to detail is very important to buyers. Replace the faucets, switch plates, if old- replace hardware on doors and cabinets.

   4. Seriously Deep Clean Your Home. How you keep your home clean tells buyers how well you’ve maintained the unseen parts of a home. If your home is dirty and cluttered the buyer will assume behind the walls could lie many more problems.

   5. Clean and caulk windows. Seal any cracks anywhere.

Finally, location is the last factor to consider. If you home backs up to an interstate or overlooks a parking lot you would need to price your home accordingly. When an ocean view is available for the same price, what would bring buyers to your home?

Market the strong points of your home, if the nearby highway is a concern, advertise the property as close to transit, easy commute etc. What makes your home special? A koi pond? completed media room? bonus room set up as a kids play area? Make sure to stress the best features of your home and stage it accordingly.

The knowledgeable Realtors at Scott Gordon Realty and Exclusive Estates would love to help you get your home ready to sell. Contact us today.

www.ScottGordonRealty.com

561-533-5888