Venice Florida's Jacaranda West Neighborhood Report - September 2009

The number of single family homes pending in the Venice/Englewood area real estate markets jumped in August 2009, up over 60% from one year ago from 275 properties pending to 440 properties*, an indicator of buyers interest in the Venice/Englewood real estate markets. Even though the number of homes available for sale in our area continues to decline, we are still in a Buyer's market.

The report summarizes listings sold, as well as active/pending listings for Jacaranda West. Listings summarized in the following table are based on information from the Mid Florida Regional MLS and/or other MLS Services.

The most recent listings sold are shown in more detail below as they represent the best indication of change in property values.

Sold Date

Address

Bed/Bath

Year Built

List Price

Sold Price

% Diff List vs. Sold Price

Days On Mkt

09/09/09 1826 Ironwood 3/3 1987 $209,000 $150,000 -28% 125

08/21/09 1718 Claw Ct 3/3 1978 $209,900 $200,000 -4.7% 13

07/06/09 996 N Gondola 3/2 1976 $219,000 $210,000 -4.1% 41

07/27/09 1623 Meadowbrook 3/2 1978 $219,000 $197,000 -10% 54

06/15/09 1026 Kings Ct 3/2 1987 $219,900 $210,000 -4.1% 60

07/0709 1102 E Sklar Dr 3/2 1981 $225,000 $217,900 -3.1% 26

09/24/09 958 Sklar Dr W 3/3 1976 $233,000 $223,500 -4.0% 12

09/21/09 1105 Buttonwood 3/2 1982 $238.900 $230,000 -3.7% 7

07/15/09 611 Bob O Link 3/3 1977 $249,900 $215,000 -14% 196

06/05/09 1021 Burning Oak Ct 3/2 1979 $249,900 $237,500 -4.9% 77

06/22/09 1830 Flametree Ln 3/2 1981 $275,000 $255,000 -7.3% 399

Summary of Activity for Jacaranda West

Date Range

#Sold

Average Price

# Now For Sale

Average Price

#Under Contract

Average Price

06/01/09 -09/28/09 11 $213,263 13 $243,208 10 $187,250

01/01/09 - 05/31/09 6 $188,417 n/a n/a n/a n/a

06/01/08 - 12/31/08 12 $190,441 n/a n/a n/a n/a

Special "Market Analysis"

Average Cost per S.F. Living Space in Venice/Englewood Areas Combined

Graph includes single family homes sold in the Venice/Englewood areas combined. Properties sold may or may not be listed by Coldwell Banker Residential Real Estate and are listed by various MLS participating offices. Non-MLS properties are not included.

Number of Homes for Sale/Sold/Pending in Venice/Englewood Areas Combined

Graph includes single family homes currently for sale/sold/pending in the Venice/Englewood areas combined. Properties sold may or may not be listed by Coldwell Banker Residential Real Estate and are listed by various MLS participating offices. Non-MLS properties are not included.

Contact Kari A. Battaglia, licensed Realtor® in Venice Florida at 941-270-1851 to list your home, answer questions or to help you in your search for homes for sale in Venice Florida. I currently serve customers in Venice Florida, Englewood Florida, Nokomis Florida, South Venice, Laurel, Osprey and North Port Florida communities. As a private landowner, I also have Tennessee properties available in the Chattanooga area. Call or email me to receive a list of Tennessee properties available for sale.

Contact me by email at Kari@DiscoverVeniceRealEstate.com. Need information fast, call me direct at 941-270-1851. Copyright©2009. By Kari A. Battaglia. All Rights Reserved.

Kari A. Battaglia, GRI - Realtor®, Broker Associate - Coldwell Banker Residential Real Estate - 331 W Venice Ave., Venice, FL 34285 - 941-270-1851 direct - 941-484-9715 - office 800-969-1990 toll free - Kari@KariBattaglia.com

www.DiscoverVeniceRealEstate.com - view my listings, find valuable community info, links and much more.

If your property is currently listed with a real estate broker, please disregard. It is not my intention to solicit the offerings of other real estate brokers. I am happy to work with them and cooperate fully.