Aug 28 2020

Cape San Blas Real Estate Week in Review – August 22-28, 2020

Published by at 8:44 PM under Cape San Blas

For Sale Sold Sign Oh, yeah. It has been busy around here. I checked the sales numbers for all property types in the Cape San Blas market that we cover and year-over-year sales for June were up 107%, and in July, 90%. Couple that sales activity with all the re-fi action with rates continuing to drop to record lows and the result is the entire real estate food chain here is backed up. It is taking weeks instead of days to get appraisals and surveys back as a result of this increased volume despite their best efforts and working as hard as they can to meet the demand. August seems to be on track to continue this trend as this week we closed five sales and wrote up ten new contracts. Sellers added twelve new listings and changed prices on six others. With all that activity, our inventory shed four, closing the week at 288, with 82 homes and 206 lots listed for sale in the Cape San Blas, Indian Pass and C-30 Corridor MLS market.

Demand for property, especially homes, is high so if you’re thinking of selling I’ll be happy to provide you with an estimate of current market value. Call or text me at 850-227-5197 or drop a note to sherri@sherridodsworth.com and we’ll get started. We still have time to get your marketing up and running before the busy Labor Day holiday weekend.

I hope you and your family are doing well and staying safe and sane during these crazy times. I appreciate your taking time to stop by today and hope to see you back 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.

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