Charlotte County 
Charlotte County Foreclosure news about bank owned real estate and short sales. Includes all areas of Chalrotte county including Port Chralotte, Punta Gorda, Englewood, Placida, and Rotunda West.
There are currently 4 blog entries related to this category.
Junes Sales drop in Sarasota, Manatee, & Charlotte Counties
Wednesday, July 6th, 2011 at 9:56am. 2757 Views, 0 Comments.
Foreclosure declines largest
Sales results in Sarasota, Manatee, and Charlotte Counties for June 2011 have just been compiled. The total sales in each county decreased significantly for June 2011 compared to June 2010. For the month of June 2011 (compareed to June 2010) sales decreased 10.2% in Sarasota County, 13.6% in Manatee County and 3.9% in Charlotte County.
For the year to date, sales are still up 2.4% in Sarasota County, 9.3% in Manatee County, and 9.6% in Charlotte County. For the combined tri-county region, although sales were down 9.8% for June, sales are still up 6.2% in the first half of 2011 compared to the first hald of 2010.
Sales of all property types decreased except for non-distressed sales in Sarasota County and Charlotte…
May 2011 Sales show smaller Increase due to less Short Sales Closings
Sunday, June 12th, 2011 at 9:35pm. 1768 Views, 0 Comments.
Short Sales continue to decline
In May 2011 property sales in Sarasota, Manatee, and Charlotte Counties contiued to improve over 2010. However, the continued decline in short sales brought the tri-county year to date increase down to just 3% compared to 2010. REO/Bank owned sales while still up for the year where down significantly in May 2011 in both Sarasota and Manatee counties. Only Charlotte county showed an increase in bank owned sales comparing May 2010 to May 2011.
The chart below compares May 2010 to May 2011, and 2010 vs 2011 year to date (through May 31) closings. Total sales in the tri-county area up 3% over 2010. The good news in this report is that non-distressed sales were the only segment of the market that showed increases for…
First Quarter Foreclosure Sales Increase Dramatically over 2010
Thursday, May 26th, 2011 at 10:52am. 1041 Views, 0 Comments.
Bank Owned Sales Up Short Sales Down in First Quarter
Below is a chart comparing the number of sales, bank owned foreclosure sales, short sales, and non-disttressed sale in Sarasota, Manatee, and Charlotte counties. The time period for this data was the first quarter of 2010 to the first quarter of 2011, 1/1/10-3/31/10 compared to 1/1/11 - 3/31/11. The source of the data is the My Florida Regional Multiple Listing Service.
While sales were up as a whole in all three counties the from first quarter of 2010 to the first quarter of 2011, the majority of the increases came in bank owned properties. Saraosta County had an almsot identical percentage of distressed saled in the first quarter of 2010 and 2011. In 2010 40% of the first quarter sales were…
Charlotte County February Foreclosure sales
Sunday, March 20th, 2011 at 6:43pm. 2580 Views, 0 Comments.
Charlotte County Sales Analysis
Sold Results for February 2011
From the chart below one can see that bank owned properties sold for an average of $49.06/sq.ft. compared to fair market or non-distressed sales which averaged $88.59/sq.ft in Charlotte County for February 2011. The average REO/bank owned home sold for $77,138 in 78 days and for 96.52% of listed price (LP). By contrast the average non distressed or fair market property sold for $147,133 in 160 days and for only 91.5% of it's lsited price.
Sarasota & Manatee Sales up as Charlotte's Decline
Bank Owned sales continue to decline All Sarasota County real estate sales increased by more than 11% in Jul...
5 Comments Read MoreCongressman Okay with "Short Sales"
A commercial office building located at 130 N. Tamiami Tr. was the subject of a settled eviction suit in the Sarasota Herald...
1 Comment Read MoreJunes Sales drop in Sarasota, Manatee, & Charlotte Counties
Foreclosure declines largestSales results in Sarasota, Manatee, and Charlotte Counties for June 2011 have just been...
4 Comments Read More
