Archive for the 'Cape San Blas' Category

May 07 2021

Cape San Blas Real Estate Week in Review – May 1-7, 2021

Published by under Cape San Blas

For Sale Sold Sign Crazy sales activity continues unabated, with twenty-four sales and thirteen new contracts.  Sellers jumped on the bandwagon adding twenty-three sorely needed new listings, two of which are already under contract, but made only three price changes, two of which were price increases. Even with all those new listings, our inventory dropped by 4%, dipping below 100 to 97, with 22 houses and 75 lots listed for sale in the Cape San Blas, Indian Pass and C-30 Corridor MLS market. 

Prices are rapidly rising as a result of the incredible demand, and multiple offers on new listings are the new norm.  If you’re ready to sell, let me know and I’ll help you get started.  Just know if you’re selling your personal residence, you better have a place to land lined up as you’ll likely be looking at moving quickly. For more information please call or text me at 850-227-5197 or drop a note to sherri@sherridodsworth.com .  Have a great week, enjoy yourself, and as always, thanks so much for stopping by today. 

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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May 01 2021

Cape San Blas Real Estate Week in Review – April 24-30, 2021

Published by under Cape San Blas

For Sale Sold Sign   This is just crazy. Demand for our coastal Florida real estate is out of control. We are running out of inventory. This week we had twenty closings, (hat tip to our closing attorneys’ staffs for their incredibly long hours and endless efforts to make this happen – you guys are amazing!), and turned in what has to be a record twenty-seven new contracts. Sellers added only seven new listings, nowhere near enough to meet the demand, and three sellers made price changes,

Our overall inventory is frighteningly low, with just 18 houses and 65 lots avaiilbable for sale for a total of 83 listings available for sale in the Cape San Blas, Indian Pass and C-30 Corridor MLS market.

We are most definitely in a Seller’s market! We desperateltey need inventory, so if you’re thinking of selling, this is the 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.   Thanks for stopping by today and hope to hear from you soon.

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Apr 23 2021

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

Published by under Cape San Blas

For Sale Sold Sign   Our real estate feeding frenzy continued unabated with ten sales and an unbelievable twenty-two new contracts.  Sellers added seven new listings, one of which is already under contract, and made six price changes, five of which were price increases. Our inventory dropped an alarming 10% from last week ending the week at an even 100, \with a mere twenty houses and eighty lots remaining in the Cape San Blas, Indian Pass and C-30 Corridor MLS markets. At this rate, I’m wondering if there’s a very real chance we might end up being sold out in a few weeks?   A colleague posited that possibility a few months ago and I dismissed the idea but now I’m not so sure we might actually be headed there. We live in interesting times.

Demand for our coastal properties has never been stronger, so if you’re considering selling, this is the 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.   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.

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Apr 16 2021

Cape San Blas Real Estate Week in Review – April 10-16, 2021

Published by under Cape San Blas

For Sale Sold Sign   We may have had a LOT of rain this week but it sure hasn’t dampened interest in real estate as we closed fourteen sales and wrote up an unbelievable nineteen new contracts. Wow! Sellers added nine new listings, one of which is already under contract, and made six price changes, two of which were price increases. Our overall inventory shed one, closing the week at 112, with 25 houses and 87 lots listed for sale in the Cape San Blas, Indian Pass and C-30 Corridor MLS market.

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

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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Apr 10 2021

Cape San Blas Real Estate Week In Review April 3-9, 2021

Published by under Cape San Blas

 

For Sale Sold Sign   We continue to mirror the national market with demand far outweighing supply; our overall inventory is down 18 1/2% from just last week, with a mere 21 houses and 92 lots left from which to choose, leaving a total inventory down 26 from last week, closing with 113 active listings left in the Cape San Blas, Indian Pass and C-30 Corridor MLS market. Realtors were busy this week closing twelve sales and putting an astounding twenty-one properties under contract. Sellers added twelve new listings and seven price changes, five of which were price increases.

Crazy times.  Definitely a sellers’ market. If you’re a buyer and interested in a property that’s looking good to you, rest assured it’s looking good to other people as well so make your best offer sooner rather than later or chances are you’re going to lose out. 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 thanks so much for stopping by today!

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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Apr 09 2021

Cape San Blas Real Estate Week in Review – Apr 3-9, 2021

Published by under Cape San Blas

For Sale Sold Sign   We continue to mirror the national market with demand far outweighing supply; our overall inventory is down 18 1/2% from just last week, with a mere 21 houses and 92 lots left from which to choose, leaving a total inventory down 26 from last week, closing with 113 active listings left in the Cape San Blas, Indian Pass and C-30 Corridor MLS market. Realtors were busy this week closing twelve sales and putting an astounding twenty-one properties under contract. Sellers added twelve new listings and seven price changes, five of which were price increases.

Crazy times.  Definitely a sellers’ market. If you’re a buyer and interested in a property that’s looking good to you, rest assured it’s looking good to other people as well so make your best offer sooner rather than later or chances are you’re going to lose out. 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 thanks so much for stopping by today!

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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Apr 02 2021

Cape San Blas Real Estate Week In Review – Mar 26-Apr 2, 2021

Published by under Cape San Blas

For Sale Sold Sign   Whether it was the usual Spring Breakers or the beginning fallout of Cape San Blas showing up last week in a national news story as having been named by AirBnB as one of the top five spring and summer vacation destinations, whatever the cause, the Cape was loaded to the brink all week.  Not sure if the throngs were predominately Spring Breakers or folks fleeing shutdown states, but whoever they were, a whole lot of them snapped up real estate while they were here. As a result, we closed ten sales and wrote up an astonishing eighteen new contracts! Sellers joined in on the action adding twenty new listings but only made seven price changes.  Our inventory added two, closing the week at 139, still with 28 homes but with 111 lots listed for sale in the Cape San Blas, ndian Pass and C-30 Corridor MLS Market.

As is the case nationwide, our market is woefully short of housing inventory relative to demand. Building costs continue to soar so demand for existing homes at least in our market is 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.

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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Mar 26 2021

Cape San Blas Real Estate Week in Review – Mar. 20-26, 2021

Published by under Cape San Blas

For Sale Sold Sign   According to the National Association of Realtors (NAR), new home sales in February were down not because of buyers but because of builders trying to catch up with a back log of orders and putting new starts on hold.  Rapidly rising material costs are another factor; I had a conversation today with an owner of a commercial plumbing business who said the cost of PVC has increased 100% in the past four months alone!

Florida Realtors Chief Economist Dr. Brad O’Connor says, “The statewide inventory of active single-family home listings, which Florida Realtors has been tracking since January 2008, is currently at an all-time low. At the end of February, single-family inventory was down 56.3% compared to a year ago. Most of this decline has been a result of our ultra-high rate of sales.”

Our local market definitely reflects those same trends. This week area Realtors closed thirteen sales and wrote up eighteen new contracts.  Sellers added eight new listings, only two of which were homes with one already being under contract, and changed prices on ten listings, several of which were price inccreases.

Our overall inventory is down nine from last week, closing at 137, with a mere 28 homes and 109 lots listed for sale in the Cape San Blas, Indian Pass and C-30 Corridor MLS market.

As you can see, we need inventory, 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 hope you’re enjoying this beautiful Spring 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.

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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Mar 20 2021

Cape San Blas Real Estate Blog Mar 13-19, 2021

Published by under Cape San Blas

For Sale Sold Sign   A recent Airbnb survey of favorite destinations for vacationers this year in the US saw Cape San Blas coming in at fifth place and our market activity certainly reflects that interest, closing the week with thirteen sales and double that number of new contracts, with twenty-six parties signing up to purchase a piece of the Forgotten Coast to call their own. Sellers jumped on the bandwagon listing thirteen new properties, seven of which are already under contract, one of which is sold, and one that was withdrawn, leaving only four new listings still available for sale at week’s end. Crazy times. There were three price changes, one of which was a price increase!  All that activity leaves our total inventory down thirteen from last week, closing at 146 with only 30 homes and 116 lots listed for sale in the Cape San Blas, Indian Pass and C-30 active MLS listings.

At this rate, we’e entering into ‘sold out’ status. The next few months are going to be very interesting. 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 hope you’re doing well amidst all this craziness. Thank you so much for stopping by today and hope to see you back soon.

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Mar 16 2021

Cape San Blas Real Estate Week in Review – Mar. 6-12, 2021

Published by under Cape San Blas

For Sale Sold Sign   Our market is definitely following the national trend of inventory deficit as demand is so outweighing supply and consequently pressuring pricing upward. This past week we had twelve closings and wrote up a staggering twenty-six new contracts. Sellers added twelve new listings, two of which are already under contract, and made four price changes. Compare and contrast this week’s inventory to my earliest market review in October 2017 when our inventory stood at 558, with 202 homes and 356 lots listed for sale in the Cape San Blas, Indian Pass and C-30 Corridor market to today’s total inventory of a mere 159, with just 36 houses and 123 lots listed for sale in the same market. Are you kidding me – just 36 houses? Sobering numbers.

These are crazy times. Sellers are definitely back in the control seat and we desperately need inventory so if you are toying with the idea of selling, please call or text me at 850-227-5197 or drop a note to sherri@sherridodsworth.com and I’ll help you get started.  As always, I appreciate your taking time out of your busy schedule to stop 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.

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