Leisure Beach, Hudson, Florida November Distressed Home Market Report
Poor Leisure Beach. NO SALES AGAIN. Bright spot is that there are ~300 homes in the Leisure Beach Subdivision so there is a low percentage of homes on the market. But worse than that is of the last market report there were 2 homes under contract, whereas now there is only one under contract yet nothing has sold, and 2 homes are no longer active. So it appears a total of 3 homes have been taken off the market. Could be that presently Banks make more money on Foreclosures than on Short Sales, but hopefully that is going to change soon
What can I say, Waterfront Gulf Access properties are a tough sell these days in Hudson, Florida. About 1/3 of the homes for sale are Distressed properties. The only property under contract is distressed, and nothing sold in November. Now the Actives are down from last month, the properties under contract are down from last month as well, and finally the No Solds is the same as last month.
Of the homes for sale the Prices break down like this
Total Price Range $130,000 - $379,000
9 homes are listed for under $200,000
7 homes are listed for between $201,000 - $300,000
1 home is listed for $379,000
1 home under contract is listed for $130,000
all 6 distressed homes are listed for < $200,000
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