Sep 24 2021

Cape San Blas Real Estate Week in Review – Sep. 18-24, 2021

Published by under Cape San Blas

For Sale Sold Sign Autumn arrived right on schedule Wednesday with temperatures and humidity dipping to cooler, dryer, more comfortable levels and after an unbelievably soggy summer, some very welcome sun-filled days returned.  Our market is still hot, as we closed six sales and wrote up two new contracts.  Sellers added twelve new listings and made six price changes. Our inventory swelled by ten, closing the week at 123, with 26 homes and 97 lots listed for sale in the Cape San Blas, Indian Pass and C-30 Corridor MLS market.

The Florida Association of Realtors released Q2 sales data this week of year-over-year sales activity for single family homes in Gulf County which clearly illustrates how our sales have been through the roof. Take a look at these numbers:

Single Family Home Sales +43.8%
Median Sale Price +23.1%
Average Sale Price +59%
Dollar Volume +128.6%
Median Time List to Contract -63.3%
Inventory of Active Listings -59.6%

As is the case nationally, our market remains woefully short of housing inventory relative to demand. Building costs are still exorbitant so demand for existing homes in our market remains at an all time high. If you’ve been thinking of selling, please call or text me at 850-227-5197 or drop an email to sherri@sherridodsworth.com and I will help you get started with the process. Have a great week and as always, thanks so much for taking time out of your busy summer schedule to stop by today.

 

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Sep 17 2021

Cape San Blas Real Estate Week in Review – Sep. 11-17, 2021

Published by under Cape San Blas

For Sale Sold Sign You’d never know the Forgotten Coast is part of the Sunshine State this week as we have had nothing but rain, dreary gray skies, rain, wind and rain. Did I mention it has rained? Our puddles have puddles. Even so, buyers weathered it well and went shopping for real estate.  Seven sales closed and eight properties went under contract. Sellers added seven new listings and made two price changes. Our inventory shrank by two, closing the week at 113, with 25 houses and 88 lots listed for sale in the Cape San Blas, Indian Pass and C-30 Corridor MLS market.

Buyers are still out in force and we continue to need inventory to meet that demand. If you’re thinking of selling, please call or text me at 850-227-5197 or drop an email to sherri@sherridodsworth.com and I will help you get started with the process. Have a great week and thanks as always for stopping by today!

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Sep 10 2021

Cape San Blas Week in Review – Sep. 4-10, 2021

Published by under Cape San Blas

For Sale Sold SignOur real estate market is definitely slowing down a bit but based on what I’m reading in news from the National Association and Florida Association of Realtors this seems to be more reflective of the continuing dearth of inventory not just here but nationwide. Buyers also seem to be starting to cool on overpriced listings, where the market indicates the value of a proprty is x but the seller insists on listing it substantially above that number. We did have some activity as four properties closed and six went under contract.  Sellers added six new listings and made one price change.  Our inventory is down by 4, closing the week at 115, with 26 homes and 89 lots listed for sale in the Cape San Blas, Indian Pass and C-30 Corridor MLS market.

If you’re ready to sell, price it right and and you’ll be successful. Call or text me at 850-227-5197 or drop and email to sherri@sherridodsworth.com and I’ll help you set started. I hope you have a great week and, as always, I appreciate your taking time out of your busy schedule to stop by today.

 

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Sep 10 2021

Cape San Blas Real Estate Week in Review – Sep. 4-10, 2021

Published by under Cape San Blas

For Sale Sold SignOur real estate market is definitely slowing down a bit but based on what I’m reading in news from the National Association and Florida Association of Realtors this seems to be more reflective of the continuing dearth of inventory not just here but nationwide. Buyers also seem to be starting to cool on overpriced listings, where the market indicates the value of a proprty is x but the seller insists on listing it substantially above that number. We did have some activity as four properties closed and six went under contract.  Sellers added six new listings and made one price change.  Our inventory is down by 4, closing the week at 115, with 26 homes and 89 lots listed for sale in the Cape San Blas, Indian Pass and C-30 Corridor MLS market.

If you’re ready to sell, price it right and and you’ll be successful. Call or text me at 850-227-5197 or drop and email to sherri@sherridodsworth.com and I’ll help you set started. I hope you have a great week and, as always, I appreciate your taking time out of your busy schedule to stop by today.

 

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Aug 27 2021

Cape San Blas Real Estate Week in Review – August 21-27, 2021

Published by under Cape San Blas

For Sale Sold Sign  It was crazy hot along the coast this week and I’m not just talking about the weather. Real estate is still sizzling with no let up in sight as we closed seven sales and wrote up eight new contracts. Sellers added four new listings and made seven price changes. Our inventory shed two, closing the week at 119, with 32 homes and 87 lots listed for sale in the Cape San Blas, Indian Pass and C-30 Corridor MLS market.

I know I sound like a broken record at this point, but we still need inventory, so if you’re thinking of selling call or text me at 850-227-5197 or drop an email to sherri@sherridodsworth.com and we’ll get started. Thanks for taking time out of your busy schedule to stop by today. Have a great week and hope to hear from you soon.

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Aug 21 2021

Cape San Blas Real Estate Week in Review – Aug 14-20, 2021

Published by under Cape San Blas

For Sale Sold Sign    The real estate question I’m hearing more than any other is, “Are prices rising?” and the answer is a resounding “Yes”. That’s true not just locally but statewide as well. The Florida Association of Realtors recently released sales figures for Q2 2021 which found that statewide the median sales price for single-family existing homes increased by nearly 25% year over year with the median price at $345,000.  In our market as of the end of June the median sales price for single family homes was $428,658, up 27.3% from June of 2020. And as June drew to a close, our number of months inventory supply of home listings was down 75.8% from 2020.

This week’s activity reflected that continued insufficient supply to meet demand as we closed six sales but wrote up only three new contracts.  Tropical Storm Fred passing directly over the Cape on Monday may have also contributed to slower sales activity for the week. Sellers added three new listings but made only one price change which was a price increase. Our inventory shed two, closing the week at 121 with only 32 houses and 89 lots listed for sale in the Cape San Blas, Indian Pass and C-30 Corridor MLS market.

As you can see, we still need inventory, so if you’re thinking of selling call or text me at 850-227-5197 or drop an email to sherri@sherridodsworth.com and we’ll get started. I really appreciate your taking a break from being out and about to stop by today. Have a great week and hope to see you back here soon.

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Aug 13 2021

Cape San Blas Real Estate Week in Review – Aug. 7-13, 2021

Published by under Cape San Blas

For Sale Sold Sign   So far Georgia heading back to school has not had much of an impact on our market as we turned in a respectable week, closing six sales and putting seven properties under contract.  Owners added seven new listings and made seven price changes. Our inventory grew by four, closing the week at 123, with thirty-five houses and eighty-eight lots listed for sale in the Cape San Blas, Indian Pass and C-30 Corridor MLS market.

Demand for houses remains especially strong, but lots are moving as well, so if you’re toying with the idea of selling, there has never been a hotter time to make your move. Conversely, if you’re thinking of buying, both prices and interest rates are on the rise so you might want to act sooner rather than later. Either way, simply call or text me at 850-227-5197 or drop a note to sherri@sherridodsworth.com and I’ll help you get started. Have a great week and as always thanks for taking time out of your busy schedule to stop by.

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Aug 06 2021

Cape San Blas Real Estate Week in Review – Jul 31-Aug 6, 2021

Published by under Cape San Blas

For Sale Sold Sign  As with nearly every aspect of our current economy, from building supplies to fuel to computer chips, local real estate demand continues to far outpace supply. Our inventory stands at 119, up 3 from last week, with 35 houses and 84 lots listed for sale in the Cape San Blas, Indian Pass and C-30 Corridor market. To put those numbers in perspective, last year we ended the first week of August with a total inventory of 291, with 82 homes and 209 lots.  Quite a change. This week we closed fourteen sales and wrote up nine new contracts. Sellers added ten new listings (one of which went under contract the same day it hit the MLS) and made five price changes.

We still need inventory, so if you’re interested in selling, let me know and I’ll help you get started. Simply call or text me at 850-227-5197 or drop a note to sherri@sherridodsworth.com.  Have a great week and as always thanks for taking time out of your busy schedule to stop by. Hope to hear from you soon.

 

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Jul 30 2021

Cape San Blas Real Estate Week in Review – July 24-31, 2021

Published by under Cape San Blas

For Sale Sold Sign  We had a fair amount of activity this week but we’re seeing indications rising prices are starting to meet with a bit of resistance. I’ve heard of several contracts recently where the appraisals came in below contract price, the sellers dug in on their prices and buyers walked away.

This week we closed seven sales and wrote up twelve new contracts, but of those only one was a house, even though our housing inventory is increasing, meaning more for buyers to select from than there has been for awhile. Sellers added ten new listings (four houses and six lots) and made four price changes, half of which were price increases. Our inventory shed one, closing the week at 116, with 31 houses and 85 lots listed for sale in the Cape San Blas, Indian Pass and C-30 Corridor market.

Georgia heads back to school next week which usually results in our market slowing down considerably, so that’s going to be something to keep an eye on. We still need inventory, so if you’re interested in selling, let me know and I’ll help you get started.  Simply call or text me at 850-227-5197 or drop a note to sherri@sherridodsworth.com.  Have a great week and thanks so much for stopping by today. Hope to hear from you soon.

Reminder – If you would like to read this with the links to the various listings, I can only email them to you now with our new MLS which I’ll be glad to do. Just let me know by sending me a request to sherri@sherridodsworth.com and I’ll set you up to receive my blog post with the links each week. Also, if you have been regularly receiving the blog with links and it suddenly stopped, please let me know as I am still sending it to you but for some reason some weeks ago a number of readers stopped receiving it and I need to see if I can figure out why that is. 

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Jul 23 2021

Cape San Blas Real Estate Week in Review – July 17-23, 2021

Published by under Cape San Blas

For Sale Sold Sign  The National Association of Realtors (NAR) reported on Thursday that sales of existing homes nationally rose 1.4% in June year over year. In our Cape market, eleven homes sold in June 2020 and this June we more than doubled that with twenty-three sales.  We continued to race along at high speed this week as we closed five sales and wrote up ten new contracts (three houses and seven lots). Sellers added twelve new listings and made five price changes, one of which was an increase. Our inventory remains unchanged from last week, closing once again at 117, with twenty-six homes and ninety-one lots listed for sale in the Cape San Blas, Indian Pass and C-30 Corridor MLS market.

Demand for houses remains strong, but lots are moving again as well, so if you’re considering selling, this is a perfect time to make your move. Conversely, if you’re thinking of buying, prices are on the rise and mortgage rates dropped again this week so you might want to act sooner rather than later. Either way, simply call or text me at 850-227-5197 or drop a note to sherri@sherridodsworth.com and I’ll help you get started.   Thanks for stopping by today and hope to hear from you soon.
Reminder – If you would like to read this with the links to the various listings, I can only email them to you now with our new MLS which I’ll be glad to do. Just let me know by sending me a request to sherri@sherridodsworth.com and I’ll set you up to receive my blog post with the links each week. Also, if you have been regularly receiving the blog with links and it suddenly stopped, please let me know as I am still sending it to you but for some reason some weeks ago a number of readers stopped receiving it and I need to see if I can figure out why that is. 

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