New Port Richey, Florida Real Estate Blog: May 2010 West Pasco County, Florida Distressed Active Adult Communities Market Report

May 2010 West Pasco County, Florida Distressed Active Adult Communities Market Report

May 2010 West Pasco County, Florida Distressed Active Adult Communities Market Report

I am actually surprised by a couple of things in this report.  For one thing, there seems to be a decent amount of sales considering that Snow Bird Season has ended.

May 2010 West Pasco County, Florida Active Adult Communities Market Report

Also despite the Post-Snowbird season anemic numbers, There also appears to be just under one years inventory in the Distressed Active Adult market, just like the rest of the market.

Another surprise was the low amount of Distressed Properties on the market percentage wise.  The broader market of Actives & Solds typically are one third Distressed Properties, whereas on 5% is distressed in Active Adult Communities.

May 2010 West Pasco County, Florida Active Adult Communities Market Report  

Unlike almost every other Distressed market chart I generate, Distressed Properties have a consistently lower portion of the total market.  Unlike so many other reports where Active distressed accounts for about one third of Actives.  But it usually reverses for properties under contract, yet it returns to one third of solds are Distressed Properties

 

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All information provided is deemed reliable but is not guaranteed and should be independently verified.

Properties subject to prior sale or rental

 

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All entries on this blog, unless noted otherwise, is the copyrighted content (2009-present) of Daniel J. Hunter, REALTOR®, and is believed to be true and factual, but it is not guaranteed or warranted.

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0 commentsDaniel J. Hunter • July 05 2010 08:07PM

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