Pelican Pointe Golf & CC Venice FL Real Estate Market Reports – August 2011

Between 8/1/2011 to 8/31/2011 there were 2 homes sold, 8 homes listed for sale and 1 under contract in Pelican Pointe Golf & CC Venice FL Real Estate Market.

June July August

The average sold price $330,483 $375,000 $295,000

The lowest sold price $165,000 $200,000 $165,000

The highest sold price $520,000 $525,000 $425,000

The average day on market 84 391 84

The average listing price $277,980 $248,150 $327,850

The lowest listing price $172,000 $189,900 $168,000

The highest listing price $459,000 $299,000 $475,900

The longest day on market 168 1202 163

Pelican Pointe Golf & CC Venice FL Real Estate Market Reports – August 2011

Buying or selling your home in Pelican Pointe Golf & CC, Venice and the surrounding area, contact Venice REALTOR® Kwee can assist you every step of the way, while keeping your best interests at heart.

Venice Golf & Country Club Property Update Report by Kari A. Battaglia

For more information please call (941)-270-1851

The report summarizes listings sold, as well as active/pending listings for Venice Golf & Country Club. Listings summarized in the following table are based on information from the Mid Florida Regional MLS and/or other MLS Services. Properties sold were not all listed by Coldwell Banker Residential Real Estate and were listed by various MLS participating offices. Please note that For Sale By Owner properties are excluded because they often do not represent the full value of what they could sell for when properly priced and exposed to a greater number of qualified buyers through a professional real estate agent. The most recent listings sold are shown in more detail below as they represent the best indication of change in property values.

Summary of Sold Listings for Venice Golf & Country Club

06/05/09 407 Huntridge Dr 4/3.1 1993 $595,000 $555,000 -6.72% 420

06/30/09 313 Lansbrook Dr 3/2 1994 $299,900 $240,000 -19.97% 239

08/04/09 319 Lansbrook Dr 3/2 1995 $249,900 $250,000 +0.1% 83

08/14/09 411 Wellington Ct 3/3 1992 $379,000 $320,000 -15.56% 301

08/14/09 411 Lansbrook Dr 4/3 1996 $539,000 $480,000 -10.94% 296

09/15/09 513 Summerfield 3/2 2001 $275,000 $276,000 +0.03% 122

09/18/09 397 Autumn Chase 4/3 1994 $598,000 $560,000 -6.35% 119

09/25/09 421 Autumn Chase 4/3 2005 $675,000 $638,000 -5.48% 18

09/30/09 232 Vestavia Dr 3/3 1991 $295,000 $266,500 -9.66% 478

11/16/09 332 Melrose Ct 3/2 1995 $287,000 $265,000 -7.66% 52

12/17/09 321 Lansbrook Dr 3/2 1995 $227,900 $216,450 -5.02% 124

12/28/09 215 Vestavia Dr 3/2 1991 $260,000 $240,000 -7.69% 416

12/28/09 415 Fieldstone Dr 4/3 1993 $495,000 $445,500 -10% 483

12/30/09 479 Summerfield 3/23 1992 $499,000 $460,000 -7.81% 330

Summary of Activity for Venice Golf & Country Club

06/01/09 -12/31/09 14 $372,317 48 $389,162 2 $329,499

01/01/09 - 06/01/09 2 $265,000 n/a n/a n/a n/a

06/01/08 - 12/31/08 12 $381,100 n/a n/a n/a n/a

The number of properties available for sale in the Venice/Englewood area real estate markets increased for the first time in months, up 3.1% from December 2009; 3232 homes for sale to 3331. Sales that are pending in the area are up sharply, over 48% from December 2009; 347 properties pending to 549 properties pending and closed sales have decreased from December 2009 by 23.2%, from 370 properties sold to 284 for month of January 2010. The increase in homes for sale in January can be attributed to a number of reasons; waiting to list your home for sale until after the holidays are over or waiting to list your home for sale until the season officially begins. Whatever the reasons for the increase we are still in a Buyers' Market. The Homebuyers Tax Credit is soon ending (you have to be under contract by April 30^th to realize the $8000 First Time Homebuyers Tax Credit or the $6500 Move Up Credit). Mortgage rates are rising, currently in the 5% range and soon is expected to increase to the 6% range, still historically low rates and very affordable for homebuyers.

Contact Kari A. Battaglia, PA GRI SRES^® , licensed REALTOR® in Venice Florida at 941-270-1851 to list your home, answer general questions or to help you search for homes for sale in Venice Florida. I currently serve customers in Venice Florida, Englewood Florida, Nokomis Florida, South Venice, Laurel, Osprey and Casey Key and Manasota Key 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 PA. All Rights Reserved.

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