Saturday, March 27, 2010

Cocoa Beach

What a country!!!

We will use this post to recap what has happened and what is happening in our complexes.


As of 03/27/10 there are 20 active listings in our 4 complexes, there is also one oceanfront in The Diplomat under contract with a list price of $214,900 and one Windrush direct ocean under contract listed at $310,000 this is the one that I mentioned it was surprising that it is still active.


The Diplomat

There are 5 in the front buildings listed from $116,000 to $144,500. The average days on the market for these 5 listings is 281 days, keep in mind almost all of these have been reduced in price.


2100 Towers


There are currently 4 active listings on the market. This complex has the most widely spread price range. There is an interior unit with 1200 sq ft 2/2 priced at $224,900. There are 3 end units with 1600 sq ft priced from $239,900 all the way to $420,000. Now keep in mind that the floors range also from the 3rd floor to the 12th floor.



Windrush


There are 5 active listings on the market priced from $227,000 to $299,000. All but one are side units with the 1st floor unit being direct ocean and priced at $299,000 with 3 bedrooms 2 baths.



Windward east



There are 4 active units on the market priced from $229,000 to $329,000. 2 of these are priced at $229,000 1 is a 1/1 on the top floor and 1 is a top floor short sale side unit. (Short sale means the bank agrees to accept less than what the mortgage amount is at the time of sale. You usually have to have an offer to start negotiation with the bank and this unit may be priced too low just to get the process started.) The other is a 2/2 side unit for $299,900 and the other is a top floor 2/2 sandollar at $329,000.



The next post will be all that have sold in the past year.



If you find this information interesting or helpful just send me an email at walkerbagwell@aol.com and it will be sent to you each time it is posted. This is only to inform you not to sell you. “Knowledge is Power”



Thank you



Jim Bagwell

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