Tampa Coastal Homes
Apollo Beach, Florida Inventory of Homes is Dwindling – Buy Today!
I have been watching the numbers of homes available in Apollo Beach for the last couple of years and they have been steadily declining. In the community of Covington Park in Apollo Beach there were over 130 homes for sale a couple of years ago. Today there are only 13! From Oct 4-Nov 4 2011 a total of 8 homes sold in the community, so that calculates out to less than 2 months of inventory remaining. Most of the 13 available are priced aggressively, but when they are gone simple “supply and demand” will tell you the prices will go up. You can currently buy a single family home for under $100,000 in Covington Park. The highest sale in the last 30 days was $168,000 and that was a pool home with 2565 sq ft and a 3 car garage! So this is much less than the price to build and you get the land for free. But as you can see, there are very few of these deals left. (One of my non-short sale listings will close the end of November and I was able to get almost $200,000 for my sellers.) Of course, many of these recent sales are short sales and if you go that route you will have to have some patience. If you don’t have the time and/or patience, we have many builders in the area offering brand new, fully warranted homes at tremendous prices. One of the many advantages to buying in the South Hillsborough County area is the availability of newly constructed homes. Don’t you just love that new home smell? And they often pay all your closing costs, offer free appliances, upgrades and you get to choose everything if you build from scratch. If time is a factor, many builders have inventory ready or near-ready for you to move into. And many of these homes have granite, stainless appliances, and tile in at least the “wet areas”.
So call Bonnie today at (813) 390-7606 to check out your options. With prices and financing as low as they are today you will be pleasantly surprised that your payments are less than rent!