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  • Krista Fracke PA
    RE/MAX Coastal Real Estate
    50 A1A North
    Ponte Vedra Beach, FL 32082
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Here are the recent condo listings in the Overlook, Stonebridge, Reserve at Point Meadows, Grand Reserve, Point Meadows, Il Villagio, Marsh Landing, Belleza, and The Palms. The square footage is as reported by the MLS. Contact me for more information on these listings.

Grand Reserve- Listing Date: 5/1/2005 A 2 bedroom and 1 bath home, with 1078 square feet. $169,900 The listing brokerage is Watson Realty Corp and MLS#241331
Price: $169,900

Stonebridge- Listing Date: 5/4/2005 A 2 bedroom and 2 bath home, with 1050 square feet. $144,000 The listing brokerage is Re/Max Coastal Real Estate and MLS#241816
Price: $144,000

Stonebridge- Listing Date: 5/5/2005 A 3 bedroom and 2 bath home, with 1408 square feet. $159,900 The listing brokerage is Nine Star Realty and MLS#241940
Price: $155,000

Grand Reserve- Listing Date: 5/5/2005 A 2 bedroom and 2 bath home, with 1138 square feet. $169,900 The listing brokerage is Prudential Network Realty and MLS#241899
Price: $169,900

Grand Reserve- Listing Date: 5/13/2005 A 2 bedroom and 2 bath home, with 1212 square feet. $179,900 The listing brokerage is Watson Realty Corp and MLS#243071
Price: $179,900

Point Meadows Place- Listing Date: 5/14/2005 A 2 bedroom and 2 bath home, with 1112 square feet. $149,900 The listing brokerage is The Real Estate Store, Inc. and MLS#243208
Price: $149,900

Grand Reserve- Listing Date: 5/14/2005 A 3 bedroom and 2 bath home, with 1428 square feet. $185,000 The listing brokerage is Assist2sell and MLS#243324
Price: $180,000

The Palms At Marsh L- Listing Date: 5/15/2005 A 2 bedroom and 2 bath home, with 1156 square feet. $215,000 The listing brokerage is Prudential Network Realty and MLS#243233
Price: $207,500

Stonebridge- Listing Date: 5/19/2005 A 3 bedroom and 2 bath home, with 1206 square feet. $159,900 The listing brokerage is Coldwell Banker Walter Williams Realty and MLS#243846
Price: $159,900

Stonebridge- Listing Date: 5/19/2005 A 3 bedroom and 2 bath home, with 1408 square feet. $169,900 The listing brokerage is Watson Realty Corp and MLS#243912
Price: $168,500

Grand Reserve- Listing Date: 5/19/2005 A 2 bedroom and 2 bath home, with 1212 square feet. $165,000 The listing brokerage is Watson Realty Corp and MLS#243832
Price: $165,000

Il Villagio- Listing Date: 5/20/2005 A 2 bedroom and 3 bath home, with 1301 square feet. $215,000 The listing brokerage is Re/Max Coastal Real Estate and MLS#244097
Price: $215,000

Grand Reserve- Listing Date: 5/21/2005 A 2 bedroom and 2 bath home, with 1138 square feet. $162,900 The listing brokerage is Uneta Incorporated and MLS#244175
Price: $162,900

Il Villagio- Listing Date: 5/22/2005 A 2 bedroom and 3 bath home, with 1296 square feet. $214,500 The listing brokerage is The Real Estate Store, Inc. and MLS#244217
Price: $214,500

Stonebridge- Listing Date: 5/24/2005 A 2 bedroom and 3 bath home, with 1538 square feet. $194,900 The listing brokerage is The Real Estate Resource and MLS#247468
Price: $194,900

Grand Reserve- Listing Date: 5/24/2005 A 3 bedroom and 2 bath home, with 1428 square feet. $189,900 The listing brokerage is Watson Realty Corp and MLS#244937
Price: $189,900

Point Meadows Place- Listing Date: 5/28/2005 A 3 bedroom and 2 bath home, with 1450 square feet. $179,900 The listing brokerage is Re/Max Specialists and MLS#245034
Price: $179,900

Point Meadows Place- Listing Date: 5/31/2005 A 3 bedroom and 2 bath home, with 1247 square feet. $171,000 The listing brokerage is Assist2sell Middlekauf Realty and MLS#246198
Price: $171,000

Grand Reserve- Listing Date: 5/31/2005 A 3 bedroom and 2 bath home, with 1428 square feet. $199,900 The listing brokerage is Watson Realty Corp and MLS#245354
Price: $199,900

Here are the recent condo sales in the Overlook, Stonebridge, Reserve at Point Meadows, Grand Reserve, Point Meadows, Il Villagio, Marsh Landing, Belleza, and The Palms. The square footage is as reported by the MLS. Contact me for more information on these sales.

Grand Reserve- Sold Date: 5/13/2005 A 3 bedroom and 2 bath home, with 1732 square feet. $205,000 The listing brokerage is Watson Realty Corp and MLS#239818
Price: $205,000

Stonebridge- Sold Date: 5/16/2005 A 3 bedroom and 2 bath home, with 1408 square feet. $164,900 The listing brokerage is Chase Properties and MLS#237391
Price: $163,000

The Overlook- Sold Date: 5/19/2005 A 3 bedroom and 2 bath home, with 1206 square feet. $141,000 The listing brokerage is Assist2sell and MLS#239159
Price: $139,000

Stonebridge- Sold Date: 5/24/2005 A 2 bedroom and 2 bath home, with 1050 square feet. $136,900 The listing brokerage is Watson Realty Corp and MLS#239294
Price: $136,900

Point Meadows Place- Sold Date: 5/25/2005 A 3 bedroom and 2 bath home, with 1247 square feet. $167,900 The listing brokerage is Keller Williams and MLS#237388
Price: $162,000

Point Meadows Place- Sold Date: 5/25/2005 A 3 bedroom and 2 bath home, with 1447 square feet. $178,500 The listing brokerage is Exit Realty Affiliates Network and MLS#237571
Price: $175,000

Stonebridge- Sold Date: 5/25/2005 A 3 bedroom and 3 bath home, with 1670 square feet. $189,900 The listing brokerage is Assist2sell and MLS#238880
Price: $185,000

Il Villagio- Sold Date: 5/26/2005 A 2 bedroom and 3 bath home, with 1206 square feet. $204,900 The listing brokerage is 1 Zero C Realty, Inc and MLS#237284
Price: $204,500

Grand Reserve- Sold Date: 5/26/2005 A 2 bedroom and 2 bath home, with 1138 square feet. $159,900 The listing brokerage is Realty Executives, The Profess and MLS#239946
Price: $159,900

Stonebridge- Sold Date: 5/27/2005 A 3 bedroom and 2 bath home, with 1408 square feet. $159,900 The listing brokerage is Nine Star Realty and MLS#241940
Price: $155,000

In a recent Experian/Gallup Personal Credit Index survey, consumers were asked about the housing market and mortgages. Most consumers expect housing prices and mortgage rates to rise in the next year. Only five percent of consumers expect housing prices to decline in the next year, while 70 percent expect them to increase, and another 24 percent expect them to remain steady. Among those who expect changes, most say the increases (or declines) will be modest, though about a quarter of all consumers expect housing prices to rise 10 percent or more in their area. Only about a quarter of all consumers have heard of a potential “housing bubble,” with 65 percent saying they have heard nothing about it, and another 12 percent saying “only a little.” However, when told that a housing bubble is when the prices of houses have increased so quickly and gone so high that it’s like a bubble that could burst and suddenly there could be a big drop in the price of houses, about four in ten consumers say it is either very or somewhat likely that such a situation could occur in their area within the next three years. Lower income consumers (under $40,000 annual household income) are most likely to say a housing bubble could occur in their area — 46 percent express that view, compared with about 30 to 33 percent among consumers with higher incomes.

Sources: Associated Press, The Gallup Organization

ORLANDO, Fla., May 24, 2005 — Different month, same story for sales of existing single-family homes in Florida in April: high demand, still-low mortgage rates and a short supply of homes available for sale, bringing the statewide median sales price to $218,600 — a 26 percent increase over the April 2004 figure, according to the Florida Association of Realtors® (FAR).

In 2000, the statewide median sales price was $115,900, which represents a dramatic 88.6 percent increase over the five-year-period, according to FAR records. The median is a typical market price where half the homes sold for more, half sold for less.

Last month, a total of 23,537 existing single-family homes changed hands statewide for a 3 percent increase over the 22,746 homes sold the previous April, according to FAR.

Nationally, the median sales price for existing single-family homes was $193,600 in March, up 11.3 percent from a year earlier, according to the National Association of Realtors® (NAR). In California, the statewide median resales price was $495,400 in March; in New York, it was $278,050; in Maryland, it was $258,736; in North Carolina, the average resales price was $199,750; and in Illinois, the median price was $184,500.

The interest rate for a 30-year fixed-rate mortgage in April averaged 5.86 percent, only slightly higher than the 5.83 percent averaged during the same month a year ago. FAR’s sales figures reflect closings, which typically occur 30 to 90 days after sales contracts are written.

Among the state’s larger markets, the Fort Myers-Cape Coral metropolitan statistical area (MSA) showed higher sales last month, with a total of 1,266 homes changing hands for a 19 percent gain over the 1,064 homes sold in April 2004. The market’s median home price rose 43 percent to $262,900; a year ago, it was $184,100.

Gary Atkinson, GRI, president of the Realtor Association of Greater Fort Myers & the Beach and a sales associate with RE/MAX Realty Group in Fort Myers, cites still-low mortgage rates as a factor in the market’s strong resales activity.

“We’re not strictly a retirement community anymore. Our sales are year-round,” he says. “We’ve got baby boomers still looking for retirement property. People are realizing that prices are heading up and they want to get into the market while they can. Inventory is becoming much more scarce. And if a home is priced where it should be, it’s gone in a week.”

Other larger Florida MSAs reporting strong resales activity last month compared to a year ago include: Tampa-Clearwater-St. Petersburg, where 5,105 homes sold for a 19 percent increase; and Jacksonville, where 1,553 homes changed hands for a 7 percent gain. The median sales price in those markets also rose over the same period: in Tampa-Clearwater-St. Petersburg, 23 percent to $183,000; and in Jacksonville, 13 percent to $174,100.

Of the state’s smaller markets, the Lakeland-Winter Haven MSA reported a 13 percent boost in home sales in April, with a total of 592 homes changing hands compared to 524 homes sold last year. The area’s median sales price rose 25 percent to $126,600; a year ago, it was $101,000.

Vera Tungate, president of the Lakeland Association of Realtors and a sales associate with Exit Realty of Lakeland, says the Lakeland area offers a range of housing options at attractive prices, which helps to drive demand. “We have multiple offers on the table,” she says. “We don’t have enough properties for the buyers we have, and it’s helping to create a sellers’ market. Our area is very attractive to a lot of buyers, they want to move into the Lakeland area, but we just don’t have the inventory.”

Other smaller MSAs reporting strong gains in home sales last month include: Gainesville where 386 homes sold for a 27 percent increase; and Ocala, where 594 homes sold, also for a 27 percent increase. The median sales price in those markets increased as well: in Ocala, 10 percent to $131,800; and in Gainesville, 5 percent to $168,100.

A chart showing statistics for Florida and its 20 MSAs is available by clicking here. The chart compares the volume of existing, single-family home sales and median sales prices in April 2005 to April 2004, based on Realtor transactions.

The Florida Association of Realtors, the voice for real estate in Florida, provides programs, services, continuing education, research and legislative representation to its more than 125,000 members in 70 boards/associations.

© 2005 FLORIDA ASSOCIATION OF REALTORS

Just listed this brand new end unit, 2/2.5 + loft, two story,granite counters, maple cabinets, crown molding, screened balcony with storage closet upgraded lighting, all brand new appliances included, asking $215k//Il Villagio is a luxury condominium community in the heart of Tinseltown, this community features an incredible ammenties center, pool, fitness center and a 24 hour guarded gate. Call me in you’re interested.

Here are the recent home sales in the Marsh Landing. The square footage is as reported by the MLS. Contact me for more information on these sales.

Marsh Landing- Sold Date: 3/15/2005 A 4 bedroom and 5 bath home, with 4347 square feet. $1,199,000 The listing brokerage is Re/Max Coastal Real Estate and MLS#203845
Price: $1,100,000

Marsh Landing- Sold Date: 3/23/2005 A 4 bedroom and 3 bath home, with 3880 square feet. $1,040,000 The listing brokerage is Re/Max Coastal Real Estate and MLS#220927
Price: $1,010,000

Marsh Landing- Sold Date: 3/24/2005 A 5 bedroom and 5 bath home, with 4564 square feet. $899,900 The listing brokerage is Watson Realty Corp and MLS#227720
Price: $860,000

Marsh Landing- Sold Date: 3/28/2005 A 4 bedroom and 5 bath home, with 4608 square feet. $1,275,000 The listing brokerage is Re/Max Coastal Real Estate and MLS#230753
Price: $1,250,000

Marsh Landing- Sold Date: 3/31/2005 A 4 bedroom and 6 bath home, with 4517 square feet. $1,698,000 The listing brokerage is Country Club Real Estate and MLS#221921
Price: $1,650,000

Marsh Landing- Sold Date: 3/31/2005 A 7 bedroom and 5 bath home, with 4400 square feet. $989,000 The listing brokerage is Prudential Network Realty and MLS#224450
Price: $970,000

Marsh Landing- Sold Date: 3/31/2005 A 6 bedroom and 5 bath home, with 4190 square feet. $885,000 The listing brokerage is Watson Realty Corp and MLS#228346
Price: $872,500

Marsh Landing- Sold Date: 4/1/2005 A 4 bedroom and 5 bath home, with 3495 square feet. $829,000 The listing brokerage is Berry & Co. Real Estate and MLS#210640
Price: $815,000

Marsh Landing Cc- Sold Date: 4/4/2005 A 6 bedroom and 5 bath home, with 4836 square feet. $1,295,900 The listing brokerage is Rebecca’s Real Estate & Management, Inc. and MLS#209463
Price: $1,285,000

Marsh Landing Cc- Sold Date: 4/19/2005 A 5 bedroom and 5 bath home, with 5354 square feet. $1,575,000 The listing brokerage is Vanguard Realty, Inc. Gmac and MLS#233009
Price: $1,480,000

Marsh Landing- Sold Date: 4/25/2005 A 5 bedroom and 5 bath home, with 4240 square feet. $960,000 The listing brokerage is Ponte Vedra Club Realty and MLS#201785
Price: $930,000

Marsh Landing- Sold Date: 4/26/2005 A 3 bedroom and 3 bath home, with 3197 square feet. $699,000 The listing brokerage is Watson Realty Corp and MLS#233591
Price: $699,000

Marsh Landing Cc- Sold Date: 4/28/2005 A 4 bedroom and 4 bath home, with 4457 square feet. $997,500 The listing brokerage is Realty Executives The Elite and MLS#235570
Price: $941,400

Marsh Landing- Sold Date: 5/6/2005 A 4 bedroom and 4 bath home, with 3407 square feet. $680,000 The listing brokerage is Ponte Vedra Club Realty and MLS#235886
Price: $625,000

Marsh Landing- Sold Date: 5/12/2005 A 4 bedroom and 3 bath home, with 2850 square feet. $699,000 The listing brokerage is Re/Max Coastal Real Estate and MLS#235770
Price: $699,000

Marsh Landing- Sold Date: 5/12/2005 A 5 bedroom and 5 bath home, with 4600 square feet. $1,579,000 The listing brokerage is Marsh Landing Realty, Inc. and MLS#227131
Price: $1,569,000

Marsh Landing- Sold Date: 5/17/2005 A 5 bedroom and 6 bath home, with 4800 square feet. $1,075,000 The listing brokerage is Ponte Vedra Club Realty and MLS#210008
Price: $900,000

Harbour Island- Sold Date: 5/19/2005 A 5 bedroom and 6 bath home, with 6551 square feet. $3,400,000 The listing brokerage is Prudential Network Realty and MLS#231016
Price: $3,300,000

Marsh Landing- Sold Date: 5/20/2005 A 4 bedroom and 4 bath home, with 3706 square feet. $799,000 The listing brokerage is Re/Max Coastal Real Estate and MLS#238517
Price: $775,000

Real Estate Watch

In a recent Experian/Gallup Personal Credit Index survey, consumers were asked about the housing market and mortgages. Most consumers expect housing prices and mortgage rates to rise in the next year. Only five percent of consumers expect housing prices to decline in the next year, while 70 percent expect them to increase, and another 24 percent expect them to remain steady. Among those who expect changes, most say the increases (or declines) will be modest, though about a quarter of all consumers expect housing prices to rise 10 percent or more in their area. Only about a quarter of all consumers have heard of a potential “housing bubble,” with 65 percent saying they have heard nothing about it, and another 12 percent saying “only a little.” However, when told that a housing bubble is when the prices of houses have increased so quickly and gone so high that it’s like a bubble that could burst and suddenly there could be a big drop in the price of houses, about four in ten consumers say it is either very or somewhat likely that such a situation could occur in their area within the next three years. Lower income consumers (under $40,000 annual household income) are most likely to say a housing bubble could occur in their area — 46 percent express that view, compared with about 30 to 33 percent among consumers with higher incomes.

Sources: Associated Press, The Gallup Organization

Just got a contract on this home, mls #240743.

just got an accepted contract for my buyer on this 2/2, 3rd floor, listing price $149,900

got an accepted contract on my 2/2 in Stonebridge.

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