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Palmetto Bay Update

Palmetto Bay Update. What's Happening in your area?. Jason Pappas Realtor Associate Phone: (305) 494-4542 JasonPappas@Keyes.com. 2006-2009 Houses are still selling.

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Palmetto Bay Update

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  1. Palmetto Bay Update What's Happening in your area? Jason Pappas Realtor Associate Phone: (305) 494-4542 JasonPappas@Keyes.com

  2. 2006-2009Houses are still selling Let us start with the obvious. It is not 2006 anymore. The average price in Palmetto bay has dropped roughly 37% from 2006-2009 with average prices falling from $651,297 to $413,292. So what is the good news? Contrary to popular belief, houses are still selling. Activity in the market is picking up. After seeing a lull in 2008 with under 190 homes sold in Palmetto Bay, 2009 saw over 210 sold and while still early, 2010 should be over 200 homes as well. Jason Pappas Realtor Associate Phone: (305) 494-4542 JasonPappas@Keyes.com

  3. 2006-2009 Palmetto Bay Jason Pappas Realtor Associate Phone: (305) 494-4542 JasonPappas@Keyes.com

  4. Closed Properties in Palmetto Bay Jason Pappas Realtor Associate Phone: (305) 494-4542 JasonPappas@Keyes.com

  5. Average Selling Price In Palmetto Bay Jason Pappas Realtor Associate Phone: (305) 494-4542 JasonPappas@Keyes.com

  6. Jason Pappas Realtor Associate Phone: (305) 494-4542 JasonPappas@Keyes.com

  7. By the Numbers:Properties Closed FromDecember 2009 – February 2010 Jason Pappas Realtor Associate Phone: (305) 494-4542 JasonPappas@Keyes.com

  8. Price Listed vs. Price Sold Jason Pappas Realtor Associate Phone: (305) 494-4542 JasonPappas@Keyes.com

  9. Closed Properties in NW Palmetto Bay Jason Pappas Realtor Associate Phone: (305) 494-4542 JasonPappas@Keyes.com

  10. Closed Properties in NE Palmetto Bay Jason Pappas Realtor Associate Phone: (305) 494-4542 JasonPappas@Keyes.com

  11. Closed Properties in SW Palmetto Bay Jason Pappas Realtor Associate Phone: (305) 494-4542 JasonPappas@Keyes.com

  12. Closed Properties in SE Palmetto Bay Jason Pappas Realtor Associate Phone: (305) 494-4542 JasonPappas@Keyes.com

  13. Why are Prices so low? Jason Pappas Realtor Associate Phone: (305) 494-4542 JasonPappas@Keyes.com *Information from Miamidade.gov

  14. Foreclosures and Short Sales Closed December 2009 – February 2010 Jason Pappas Realtor Associate Phone: (305) 494-4542 JasonPappas@Keyes.com

  15. Active Foreclosures and Short Sales Jason Pappas Realtor Associate Phone: (305) 494-4542 JasonPappas@Keyes.com

  16. References • Miamidade.gov • http://sef.mlxchange.com Jason Pappas Realtor Associate Phone: (305) 494-4542 JasonPappas@Keyes.com

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