Safety Harbor Florida - January 2012 Market Report

Safety Harbor Florida - January 2012 Market Report

Safety Harbor Florida is an adorable little town located directly on Tampa Bay. Minutes to Tampa as well as to the Gulf Beaches and Clearwater, it is an eclectic town with lush parks and beautiful homes. It is here that we are going to examine the real estate closings for January 2012.

In the category of single family homes, there were 16 closings.

On the high end:

List: $549,900 Sold: $506,500 for a 4 bedroom 3 bath home

On the low end:

List: $ 95,000 Sold: $ 90,000 for a 4 bedroom 2 bath bank owned home

Sold Price/Sq Ft:

High: $178.85

Low: $ 43.86

Average Days On Market: 95

Turning to townhomes, condos and villas, we find that there were three closings in January 2012 and all three were two bedroom condos.

On the high end:

List: $ 142,900 Sold: $ 121,000.

On the low end:

List: $ 115,000 Sold: $ 100,000.

Sold Price/Sq Ft:

High: $117.48

Low: $ 87.38

Average Days On Market: 160

Prices are stabilizing and since many of the listings available are neither short sales nor bank owned, buyers are having to get used to the idea that the seller will negotiate but that the days of getting something for a song and a dance are rapidly coming to an end! Perhaps that is why Realtors are so busy right now..........those that are serious about purchasing are doing just that!