Thursday, March 5, 2015

Bank Foreclosure in Terracina West Palm Beach,FL - Built 05, 4,314 under...





Terracing Housing Market Data and Real Estate Report

This is a market report for Terracina in West Palm Beach, Florida, brought to you by Mark Baker and www.BuyingPalmBeachHomes.com.  This article will cover the current market and the types of listings that are available in the single family housing community of Terracina located in West Palm Beach Florida, the current market prices and also the metrics on the 90 day sold properties including property type and financing terms. This information will provide an overview of the market for Terracina located in West Palm Beach, Florida.
Currently there are sixteen homes for sale in Terracina, West Palm Beach, FL Homes. Of these properties, five Houses are listed as contingent and three properties are listed as pending. That leaves eight real estate listings available for sale of which two have had a price reduction, one is a new MLS listing and one is back on the market.
The eight remaining homes for sale consist of three traditional sales, and five REO/Bank Owned properties. The lowest asking price is $249,500 for a four bedroom, two bath single family home with 3,102 sq. ft. under air. The highest asking price is $379.900 for a five bedrooms, four bath single family home with 3,393 sq. ft. under air.  The median price of the homes for sales in Terracina is $289,900.

In the last 3 months, five properties have sold in Terracina. The average sales price was $322,000 with a sales price per square foot was $98 with a range of $88 to $105. The average days the homes have been on the market were 76 days.
In review of the five sold properties, one was a traditional sales, two were short sales and three were REO sales. The financing of closed deals that were three cash transactions and two were conventional financed within the past 90 days.
If you are looking to buy or sell a home in Terracina in West Palm Beach Florida, let me put my experience in Terracina to work for you. I have extensive knowledge of the homes for sale within Terracina and tours of different models. I only work with experience agents that know the current market and can help you assess your options. Thank you for watching this Terracina Real Estate Market report in West Palm Beach, Florida. You can contact me at 561-768-7968 or you can visit me online at www.BuyingPalmBeachHomes.com .

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