Market Update for Broadwater waterfront homes as of March 21, 2009
Broadwater waterfront home sales have been slow so far this year - in the first quarter there has been only one sale, a bank owned property that was listed at $350,000 and sold at $275,000.
Prices are stimulating activity, though - there are four waterfront homes in Broadwater currently under contract - two short sales and two "normal" sales (recognizing that foreclosure and short sales are the new normal). Two are listed at just under $400,000; the other two are listed at $475,000 and $549,999.
There are currently 21 Broadwater waterfront homes actively for sale, ranging from $400,000 to $1,250,000. Four of them are in the 400s; 5 of them are $1,000,000 or more. The rest are spread out in between.
For details on any of these, or to see any active property, please call Sharon Simms at ALVA International, Inc., 238 Beach Drive NE, St. Petersburg, Florida (727) 898-2582 or e-mail.
