Oct 22 2021

Cape San Blas Week in Review – Oct. 16-22, 2021

Published by under Cape San Blas

For Sale Sold Sign October may be my favorite month of the year here on the Forgotten Coast. The air is cooler, the humidity lower, and the skies crystal clear. It just puts you in a good mood. Seems a lot of folks were feeling pretty good about the area this week, too, as a number of them staked a claim on some beach paradise to call their very own. They closed five sales and wrote nine new contracts. We added three new listings and made eight price changes. Our inventory shed six, closing the week at 128, with 25 homes and 103 lots listed for sale in the Cape San Blas, Indian Pass and C-30 Corridor 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 I’ll help you get started.  I hope you’re enjoying this beautiful Autumn weather, and 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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Oct 15 2021

Cape San Blas Real Estate Week in Review – October 9-15, 2021

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For Sale Sold Sign       The calendar may say Autumn, but the weather still says Summer as these scorching temps have just refused to cool off.  Our market remains hot even though we only had  only one closing but buyers entered into eight new contracts.  Sellers added fifteen new listings (four of which are already under contract) and made three price changes. Our inventory grew by four, closing the week at 134, with 27 homes and 127 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 shoot an email to sherri@sherridodsworth.com and I will help you get started.  I hope you have a great week and, as always, thank you so much for stopping by today.

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Oct 08 2021

Cape San Blas Real Estate Week in Review – Oct. 2-8, 2021

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For Sale Sold Sign  Buyers weren’t balking at higher prices this week as we had a super active real estate market closing ten sales and writing up twelve new contracts. Sellers added twelve new listings and made seven price changes.  Our inventory shed one, closing the week at 130, with 27 houses and 103 lots listed for sale in the Cape San Blas, Indian Pass and C-30 Corridor MLS market.

Demand remains strong and inventory is still needed, so if you’ve been toying with the idea of selling, call or text me at 850-227-5197 or shoot an email to sherri@sherridodsworth.com and I will help you get started.  I hope you have a great week and, as always, thank you so much for taking time out of your busy schedule to stop by today.

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Oct 01 2021

Cape San Blas Real Estate Week in Review – Sep. 25-Oct. 1, 2021

Published by under Cape San Blas

For Sale Sold Sign     The National Association of Realtors (NAR) confirmed this week what we have been sensing here for the past couple of months – buyers are beginning to balk and walk away from properties due to soaring prices.  Even so, we still had an active week with one closing, six new contracts, thirteen new listings (two of which are already under contract), and made four price changes.  Our inventory grew by eight, closing the week at 131, with 27 homes and 104 lots listed for sale in the Cape San Blas, Indian Pass and C-30 Corridor MLS market.

Since the first week of August our inventory has grown by over 9% and the number of multiple offers on listings has slowed just a bit. If you want to sell, price it in line with where the market price is now and not where it may (or may not) be six or months so down the road.  If you’re considering selling, call or text me at 850-227-5197 or drop a note to sherri@sherridodsworth.com and I will help you get started.

Have a great week and, as always, thanks so much for taking time to stop by today!

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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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