Again a good month on North Hutchinson Island. November 2009 was the highest November in 6 years and 30% higher than October. However, the higher sales volume was spurred by 4 foreclosures. Four houses sold ranging from a foreclosure not on the water in Coral Cove for $140,000 to a canal front home on Jackson Way that went for $320,000. There was also a foreclosure house that sold in Queens Cove for $236,000. The 4th house sale was in Waters Edge for $250,000. Condo sales ranged from $161,000 for a foreclosure in the Sands Oceanside to $575,000 for a partially finished unit in the Visions and $575,000 for a 3rd floor corner unit in Grand Isle. Average time on the market was 223 days.
2009 December Hutchinson Island Real Estate Sales 5 Year Graph Update