Bayshore Townhouses Real Estate Market Update ~ June 2018
There are currently no MLS listing for a Bayshore townhome, although a couple have come up for rent on Zillow. A walk through the property didn’t reveal any For Sale signs or realtor lock-boxes. None. Nada.
Kudos, again, to Matt Douglas, of Keller Williams Elite Partners Realty.
(813) 361-5201 (Website = www.RealtorMattDouglas.com) As part of Matt’s targeted direct mail advertising program, he sends current Bayshore occupants a 2-year summary and analysis of the actual sales that have occurred on the property!
In his latest letter, he shows that during the 12 months ending June 1, 2017 (last June), there were 8 homes sold, with an average price of $263K.
In the 12 months ending June 1, 2018 (this June), there have been 4 homes sold with an average price of $267K. The average price per square foot went up $7, from $148 to $155.
Matt’s Market Update provided a detailed chart that gives details for those 4 sales since June, 2017, including these columns:
- Address
- 2 on Oyster Bayou Way
- 1 on Estuary Trail
- 1 on Seagrape Circle
- Year built (1999 or 2000)
- Square feet of living area (varied from 1,480 to 1,806)
- Price Sold as recorded by the Pinellas Property Appraiser
- Price per Square Foot calculated on the actual sales price
- Date Sold (It was sorted with the latest sale at the top of the list)
The four sales occurred in this calendar year:- One townhome was sold in February 2018
- Three townhomes were sold in Oct-Nov-Dec 2017
Our annual turnover is under 6% (4 of 68 townhomes sold)
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You can contact your own Realtor, contact Matt, or just Google an MLS number when one is shown.
If you are selling your Bayshore Townhome, you might consider ordering one or more copies of my book “The Appendix: Association Documents” for the benefit of your prospective buyers. This book contains only the Association Documents (Articles of Incorporation, By-Laws, and DCCRs) that you are required to pass on to the new owner.
If you are considering buying a Bayshore unit, you might want to order my book “Living with the HOA” which includes the Association Documents (look for the Books web page from the menu at the top). The money’s not wasted; the book will show you questions to ask for any other townhouse or condominium association you might buy!