Lakeview Estates market activity

Sold
1) Paramount Palm Beach Plus 5, pool, lake - $365,000

Under Contract
1) Short Sale Aspen, pool - $299,000 asking price
2) Riviera, lake - $315,000 asking price

On The Market

1) Short Sale Riviera, lake - $305,000 asking
2) Antigua, pool - $329,900 asking
3) Acapulco, pool - $343,000 asking
4) Aspen plus 5, lake, pool - $384,999 asking
5) Palm Beach, lake, pool - $390,000 asking

Community Stats

To begin, we'll provide some market statistics for Lakeview Estates:

 As of today, there are only 4 homes listed for sale in the community...as follows:
1) A Riviera on the lake with a pool, listed at $375,000 and on the market for 130 days so far.
2) An Aspen with a pool, listed at $329,000 and on the market for 17 days.
3) A Riviera on the lake with a pool, listed at $349,000 and on the market for 46 days. This home is being marketed as a short sale.
4) An Aspen, no lake or pool, listed at $320,000 and on the market for 53 days.

There are currently NO homes under contract

There have been only 3 reported sales in the previous 6 months as follows:
1) An Aspen on the lake sold for $305,000 on 9/3/09
2) An Aspen on the lake sold for $300,000 on 7/24/09...this was a short sale
3) An Aspen, no lake or pool, sold for $295,000 on 5/31/2009...this was a short sale

There have been 3 homes that have had their listing expire or have cancelled their listing this year without having sold their property.