Back In the Saddle

 I'm back after a couple of weeks above and under water in the nearby paradise of the Abacos. It still blows my mind that the opportunity to put the only footprints on ten different beaches a day and to dive and swim in water as clear as air is just a little over an hour from here. If one's impression of the Bahamas is a cruise ship visit to Freeport or Nassau it's no more accurate than an impression of Cocoa Beach based on a visit to Ron Jons and the Pier.

 The final numbers for June were even more impressive than I last posted. There were 67 closed condos and townhomes in Cocoa Beach and Cape Canaveral in the month with a median price of $168,000 and 14 single family homes at a median price of $290,000.

The top 16 condo sales:

• The top floor (17th) NE corner Stonewood, fully furnished 3/2 with 2170 square feet and a two car garage for $580,000
• 3rd floor direct ocean Solana Shores 3/2 with 2095 square feet and a one car garage for $535,000
• A top floor direct ocean, fully furnished Meridian 3/2 with 2072 square feet and a one car garage for $717,500
• Remodeled 6th floor south facing SE corner C building Royale Towers 3/2 with 1860 square feet and a one car garage for $380,000. This one was taken out in first right of refusal.
• Nicely remodeled 8th floor NW corner 2100 Towers 2/2 with 1600 square feet and a one car garage for $350,000
• 5th floor direct ocean, two level Sunrise Tower 2/2 with 1457 square feet and a one car garage for $335,000
• 7th floor original condition, direct ocean Las Palmas 3/2 with 1500 square feet and a one car garage for $332,000
• 2nd floor corner, direct river Solana on the River 3/2 with 2187 square feet and a one car garage for $315,000
• Beautifully remodeled 3rd floor direct ocean Emerald Seas 2/2 with 1602 square feet and a one car garage for $310,000
• 2nd floor corner Solana Lake 3/2 with 1956 square feet and a one car garage for $300,000
• 4th floor corner Bayport 3/2 with 2092 square feet and a one car garage for $297,500
• Non-oceanfront Shorewood corner 3/2 with 1992 square feet and a one car garage for $290,000
• 5th floor Solana on the River 2/2 with 2055 square feet and a one car garage for $289,900
• Remodeled and furnished 10th floor direct ocean 2100 Towers 2/2 with 1200 square feet and a one car garage for $302,000
• 6th floor partially remodeled, bank-owned, direct ocean Stonewood 2/2 with 1317 square feet and a one car garage for $275,000
• Furnished, original condition, 2nd floor Royale Towers B building 2/2 with 1256 square feet and a one car garage for $274,900

Ten of the these units sold in less than 22 days on the market.

There are 281 condos and townhomes for sale on the MLS in our two cities with 15 of those yet to be built. Eight are short sales and 13 are bank-owned. There are 70 single family homes on the MLS. One is a short sale and four are bank-owned. Inventory is not sufficient to meet the demand so buyers can continue to expect to have competition for attractive listings. Feel free to contact me if you have questions or just want to bitch about some stupid comment or forecast I've made. I'm here for you.

"You can always count on Americans to do the right thing -- after they've tried everything else."  __Winston Churchill