1st Quarter Wrap-up

Saturday, 4 April 2009


A pumped-up, male northern curly tailed lizard in my parking lot, which is apparently the northern edge of their range in the United States.

The March numbers are in and there were a total of 27 MLS listed condos and 6 single-family homes closed in the month in Cocoa Beach and Cape Canaveral. The range of prices for the homes was $120,000 to $465,000 and four of the six were foreclosures.

Of the 27 condos sold, there were several that were notable.

Portside 1/1.5, 3 year-old for $70,000. Sold new 3 years ago for $149,900.
Four Seasons non-water 2nd floor 2/2 with garage sold for $133,500
River Lakes 2/2 with garage closed for $152,000
Four Seasons direct river 3rd floor 2/2 with garage, $172,500
Puerto del Rio, top floor 3/2, w/garage, $176,000
_____This unit sold new in 2007 for $355,000

Shorewood 2104 sq.ft. corner, no view closed for $195,000
Chateau side view, 3rd floor, 2/2 short sale $212,000
Emerald Seas 5th floor direct ocean 2/2 sold for $290,000
Stonewood beautiful 8th floor direct 2/2 sold furnished for $310,000
Almar 4th floor corner direct ocean 2713 sq.ft. 2-car garage $430,000
_____This unit sold new in 2006 for $675,000

Riomar entire 2nd floor, 3008 sq.ft. closed for $550,000
Meridian 2nd floor corner, direct ocean, brand new, 2570 sq.ft. $735,000
_____asking price of $994,000 just a year ago

MLS inventory April 4, 2009 Cocoa Beach & Cape Canaveral

Condos, all prices_____700
over $500,000_________101 - 5 sold since New Year's Day
Single family homes___101 - not a typo, coincidence
over $500,000_________30

However beautiful the strategy, you should occasionally look at the results.
_______Winston Churchill