About Palm Harbor's Baywood Village

Baywood Village in Palm Harbor, FL is an active waterfront community. Here is an update on activities in Baywood Village for the month of April.

Easter Saturday is an Easter egg hunt at the community clubhouse for the kids. This is always a family friendly event and a big hit with the kids. After the Easter egg hunt, the guest of honor, the Easter Bunny will make an appearance for photos with the kids. Then everyone can have lunch with hot dogs and sodas.

Then the Baywood Village annual fishing tourney gets underway the same day. Boats leave in the morning and end the day with laughter and a meal in the evening.

The board of directors has arranged for a hazardous materials disposal for April 28. Bring your hazmat stuff to the Baywood Village clubhouse and Pinellas County will pick up these hazardous materials for disposal, at no cost.

Finally, in March, the Women's Club collected over 360 items of food to donate to the local F.E.A.S.T. The people who live here give back to the community of Palm Harbor. Baywood Village is a great place to live. As a waterfront community, there are real benefits, like being able to go fishing at a moment's notice, grill dinner on your deck overlooking the canal that leads to the Gulf of Mexico in just minutes. Those who live here enjoy the life, and also give back to their community.

This material was originally posted on Sun Bay Associates' website: www.sunbayassociates.com/blog

Baywood Village in Palm Harbor,FL is a waterfront community on the Gulf of Mexico with a canal system that connects many homes in the neighborhood to the Gulf. There is a wide range of home prices in Baywood Village, since the neighborhood was first started in the early 1960s. Many homes have been updated and many have been torn down and replaced with much newer, and larger structures. The real estate sales activity for the first two months of 2010 are below.

In the $125,000 to $175,000 price range, there are 4 houses listed and 3 sold. The average Days on Market for the active listings is 226, the average Days on Market (DOM) for those that sold is 65. For the three houses that sold, the average sales price was 91% of the average list price.

In the $175,000 to $300,000 price range, there are 5 houses listed, 2 under contract and 1 sold. The average DOM for the active listings is 89 and for the one that sold is 379 and it sold for $$145,000.

In the $300,000 to $500,000 price range, there are 6 houses listed, 1 under contract and 0 sold. The average DOM for the listed homes is 218.

In the $500,000 and above price range, there are 6 active listings, 1 under contract and 1 sold. The average DOM for the listed homes is 165 and the 1 that sold was on the market for 147 days and was listed at $725,000 and sold for $650,000.

As many people know, the longer a home is listed, it usually means that the list price is too high. In some cases, especially in a short sale situation, a house may be listed for a long time because of the lengthy bank approval time for short sales. And that is a topic for another day.

Baywood Village in Palm Harbor, FL is a desirable waterfront community. The real estate sales prices in the neighborhood, as in many other neighborhoods, have been lower than in 2005, the peak of the insanity, however activity is showing signs of picking up. As houses are priced properly, the sales are moving along much quicker. The Days on Market or DOM is a very good indicator for homeowners who need to understand that a house that has no or very little activity in the first 30n days, or is on the market for more than 90 days, needs to have the price adjusted. This is true in almost all cases, especially in today's market where price is the driver since there is still a lot of inventory.