Welcome Back to the Mizner Country Club-Real Estate News:
Let's get started since there is a lot to cover this week! Mizner Country Club currently has (62) Active Listed Properties for sale, (2) Pending Properties awaiting closing and a total of (9) Properties that have Sold Year-to-Date in 2008.
If we take a look at the same time frame last year in 2007, Mizner Country Club had (17) Year-to-Date (January thru July) sold properties as opposed to only (9) properties sold so far in 2008. It is quite evident that our community has greatly been affected by the current state of the national and local real estate market.
Performance for the community is way off from last year's sales numbers. Pricing is still the main issue as to why so many homes have lingered on the market for so long in Mizner. We notice as Real Estate Professionals, that when a property is well priced from the inception of the listing, a sale is much more quickly achieved than those that remain at higher list prices. Buyers are out there! But they are refusing to negotiate and enter into contracts with Sellers that are holding firm at 2005 prices.
Mizner Country Club:
June '07: (2 closings in the enclave of Marbella)
May '07: (5 closings in the enclaves of Encantada, San Marino, Palma, Valencia and San Sebastian)
April '07: (3 closings in the enclaves of Encantada, Palma and Capri)
March '07: (3 closings in the enclaves of Encantada, Capri and Palma)
February ' 07: (No Properties Closed)
January '07: (1 closing in Cordoba)
(click on photos to view additional property information)
The Smiths - Just Listed
List Price: $1,010,000
16223 Andalucia Lane (MCC-Andalucia)
List Price: $1,725,000
The Smiths - Back On The Market
8131 Valhalla Drive (MCC-Palma)
Model: La Serena
List Price: $1,070,000
The Smiths - Price Changes
16208 Mira Vista Lane (MCC-Cordoba)
New List Price: $1,149,000
Old List Price: $1,351,000
8060 Laurel Ridge Court (MCC-Encantada)
Model: La Serena
New List Price: $1,049,000
Old List Price: $1,139,000
Additional Activity in Mizner Country Club
- 8724 Valhalla Drive located in the enclave of San Sebastian has been reduced to $750,000 from the original list price of $990,000. The model is a Playa Riente-Courtyard (one-story) built in 2004.
- 16217 Andalucia Lane located in the enclave of Andalucia has been reduced to $1,549,999 from their original list price of $2,199,000. The model is a Carrington (two-story) and was built in 2003.
- 8975 Valhalla Drive is located in the enclave of San Sebastian has been reduced to $1,279,000 from the original list price of $1,439,000. The model is a Monte Grande (two-story) completed in 2005.
- 15951 Laurel Creek Drive is located in the enclave of San Marino and has been reduced to $1,595,000 from the original list price of $1,795,000. Built in 2000 this home is a Carrington model (two-story)
Currently Pending Properties
- Pending: 8681 Valhalla Drive is located in San Sebastian with a List Price of $1,085,000 (Model: Montecito-Custom)
- Pending: 8363 Del Prado Drive is located in Del Prado with a List Price of $2,799,00 (Custom Home-Majorca)
The Smiths - Luxury Resort Portfolio at (561) 445-2282
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The Smiths - Luxury Resort Portfolio