….and you want it to be less than 7 years old with over 1500 sq ft of living area. Maybe this will help:
Based on current market statistics, properties similar to the ones you are requesting are selling for $35 to $37 per sq ft living and 110% of the asking price. In order to stay under $60,000 you need to focus on properties with 1700 sq ft or less. 185 Conch and 1966 Michigan both fit.
The stats that are below show that since 10/1/2009 there have been 29 sales. There are 21 pendings and only 9 actives in this price range. I eliminated the short sales and the properties that are priced too low (based on market data) and that left the 2 properties mentioned above.
The average days on market are 23 and that of course includes the time it takes to get bank addenda signed. This tells me most are selling quickly and with multiple offers.
Do NOT be foreclosed on! Avoid foreclosure. Short Sales DO close.
Want to find out more? www.CentralFloridaShortSales.com
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