Cape San Blas Real Estate Week In Review - July 25-31, 2008
By Sherri Dodsworth, PA
(Boardwalk Realty of NW FL)
After a string of weeks with better-than-average activity, things finally came to a halt this week and we had the slowest week in real estate we've seen in some time. No closings, only one new contract, a measly two new listings, but an impressive fifteen price changes. Our inventory took a nice dip, down seven from last week falling below 400 again to 398, but I suspect that's a result of listings expiring on the last day of the month, many of which will likely renew sending us back up over 400+ by next week. But as of today our MLS has 155 homes and 243 lots listed for sale between Cape San Blas, Indian Pass and the C-30 Corridor. With only nine sales in the month of July, thats over a 3 1/2 year inventory we're looking at. Definitely better than it's been but still not good. Our on...
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