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ADMIRALS COVE REALTY 2011 Year in Review

ADMIRALS COVE REALTY 2011 Year in Review. Sales in Admiral’s Cove from 2007-2011. Harbor Homes. # O f Sales of Harbor Homes from 2007-2011. Average Price of Harbor Homes 2007-2011. Interesting Harbor Home sales facts for 2011.
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ADMIRALS COVE REALTY2011 Year in ReviewSales in Admiral’s Cove from 2007-2011Harbor Homes# Of Sales of Harbor Homes from 2007-2011Average Price of Harbor Homes 2007-2011Interesting Harbor Home sales facts for 2011
  • Of the 14 Harbor home sales, 10 properties had Full Golf Memberships and 2 properties had no memberships, 1 had tennis and 1 had social
  • Of the 14 Harbor home sales, 7 sales were 1st floor units and 7 were 2nd floor units
  • ACR participated in 12 of the 14 sales
  • Average Price for a downstairs unit was $371,500, almost the same as last year
  • Average Price for an upstairs unit was $487,000 down from over $500,000 last year
  • Please note that last year there were many more downstairs units sold than upstairs (10 vs. 2). We point this out to help you understand that even though in aggregate, the prices of Harbor Homes increased from 2010 to 2011, in reality the prices decreased in 2011 because more upstairs units were sold.
  • Patio Homes# of Sales of Waterfront Patio Homes from 2007-2011Average price of Waterfront Patio Homes from 2007-2011Custom Homes# of sales of Custom Homes from 2007-2011Average Price of Custom Waterfront Homes from 2007-2011Interesting Custom Home sales facts for 2011
  • Average price per square foot of a waterfront custom home was $505/ft, up from $475/ft last year
  • Average price per square foot of a waterfront custom home built from year 2000 and newer- $623/ft, up from $603/ft last year
  • Average price per square foot of a waterfront custom home older than 2000- $483/ft, up from $433/ft last year
  • Of the 19 custom homes sold, ACR was involved in 12 of them
  • Comparing Average $/per square foot for Waterfront Custom homes GOLF VILLAGE# of Sales in Golf Village 2007-2011Average Price in Golf Village From 2007-2011Admirals Cove Realty was involved in 75% of all sales in Admiral’s Cove in 2011Admirals Cove Realty Continues to maintain its share of the market# of Homes presently for saleType of Membership Purchased with Home Sold in 2011Admiral’s Cove vs. Other CommunitiesWhat makes a home sell
  • Location, Location, Location
  • View
  • Close to the Clubhouse
  • Price, Price, Price
  • Condition of Home-
  • Renovated homes are MUCH more attractive to potential buyers
  • Curb appeal
  • Restrictions-
  • Bridges
  • Pets
  • Building restrictions
  • Comparison of two Harbor Home kitchens. Our experience says that current Buyers are looking for the finished product, rather than a project of construction. Admirals Cove Realty is your on-site Real Estate Company. We have committed our time, energy and a portion of every sale commission to our continued support of the Community and Club. We are proud to represent the Club and Community, and proud of the support we receive from you in return. Thank you!If we may be of any assistance to you with your real estate needs, please don’t hesitate to contact us.Office: 561-744-8800Website: www.AdmiralsCove.comEmail: info@admiralscove.com
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