October 2020

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Here are the sales statistics for the Beach/Marina area, which includes Mandalay shores, Hollywood Beach, Silverstrand Beach, Mandalay Bay, Seabridge, Westport, The Colony, HarborWalk, HarborWest , CI Waterfront Homes, and Harbour Island. Note: Inventory less than 6 months is considered a seller’s market; more than 6 months, a buyer’s.

Closed Escrows

Active Listings

Inventory (months)

2016 2017 2018 2019 2020 17 21 21 14 23

2016 2017 2018 2019 2020 2016 2017 2018 2019 2020 62 75 70 67 80 2.7 4.02 2.13 4.49 4.14 63 84 53 91 92 3.03 3.95 2.59 3.37 4.68 70 84 63 69 89 3.69 3.9 2.51 4.5 4.68 80 88 60 87 90 3.58 4.72 2.42 5.46 4.9 74 107 54 108 93 3.8 4.99 2.82 6.98 4.29 83 112 70 128 78 4.73 4.19 4.2 7.04 4.38 102 102 97 122 80 5.27 4.26 4.1 6.88 4.05 112 103 92 125 62 5.11 3.82 4.21 7.04 4.78 106 95 95 126 51 5.18 3.83 3.67 6.3

January

February 14 18 12 15 11

March

18 34 28 14 17 17 18 19 20 17

April May June July

8

23 20 31 18

21 44 22 11 22

24 22 15 24

46

August

22 30 32 29 32

September 26 29 23 27

21 thru 9/20

October

24 28 16 15

107 96 81 115 93 61 87 100 83 63 79 93

4.52 2.4 4.13 5.74 4.06 2.45 3.81 4.71 3.64 2.54 3.32 4.3

November 19 23 19 14 December 22 11 12 22

Currently, there is nothing on the market at HarborWalk and only 3 available at The Colony. Just listed 2317 Martinique in The Colony and have some single story listings coming up soon. Call me for more info. Thinking of selling? With our inventory at an all time low and interest rates hitting rock bottom, now may be the time. Finally, I want you to know that you may call me for any reason. And please let me know if a friend, family member or neighbor needs a caring, experienced real estate professional to help in buying or selling. I truly appreciate your friendship and referrals. Enjoy your issue!

Warmest regards, Florence

Florence Gadbois CA DRE#01040021 RE/MAX Gold Coast

Get Free money-saving home tips at my web site: BchRealEstate.com