I have some positive news this week! Last week NINE properties went under contract in the 32804 zip code! We haven't see that in awhile. The range of homes that went under contract was pretty wide, $82,500 - $799,000. Several of my listings had showings over the weekend, some multiple. Could be a fluke, but let's hope buyers are gaining a bit of confidence with what the government is trying to do to stimulate the economy. Still too early to say.

Average mortgage rates fell last week to 5.04% on a 30 year fixed and 4.68% on a 15 year fixed. (These rates do not include add on points)

CLOSED SALES: 2/16/2009 - 2/22/2009
1322 READING DR: 3/2 - 1,770 sq/ft - $223,900 *BO
1785 TURNBERRY TER: 3/2/1 - 1,991 sq/ft - $264,000

*BO= Bank Owned

OTHER MARKET ACTIVITY: 2/16/2009 - 2/22/2009
New Listings: 7
Pending Sales: 9
Price Reductions: 20

PRESENTLY ON THE MARKET: 2/23/2009
Active Listings: 282
Under 100K: 8
100K - 199,999: 50
200K - 299,999: 91
300K - 399,999: 38
400K - 499,999: 18
500K - 599,999: 15
600K - 699,999: 32
700K - 799,999: 7
800K - 899,999: 6
900K - 999,999: 3
Over $1,000,000: 14
Total Pending Sales: 23

The above numbers come from single family homes and condos listed in the MLS in the 32804 zip code. Please contact me for more specific information, or for statistics on commercial property or vacant land.