The very best sunsets are at Driftwood Sands overlooking the Gulf of Mexico.
Driftwood Sands is a cozy beachfront 45 unit complex in Indian Rocks Beach.
About Driftwood Sands
Prestigious Driftwood Sands (DWS) is a private beachfront complex located in scenic Indian Rocks Beach, Florida overlooking the Gulf of Mexico and its timeless sunsets.
The spacious condominiums feature 2-4 bedrooms, with many master bedroom suites overlooking the Gulf of Mexico, large double or walk in closets, laundry room, garage private storage lockers and private balconies all with gulf views.
The complex is a well-managed community with an active Board of Directors, Building maintenance superintendent, grounds committee and Property Management Company.
Amenities include assigned covered & guest parking, dual elevators, library/meeting suite, shuffleboard, poolside restrooms, direct beach access, outdoor shower, a beachfront pool, sundeck with lounge chairs and tables, and a waterfront covered pavilion equipped with gas/charcoal barbeques, granite countertop, sink and serving areas for all your entertaining needs. The Pavilion may be partially reserved by owners for private or family gatherings.
August 2016
33785 - Condo/Co-op/TH
Presented by
BARB ULRICH
KELLER WILLIAMS GULFSIDE RLTY
Email: barb@barbulrichrealty.com
Work Phone: 727-251-1954
Mobile Phone: 727-251-1954
New Listings
56
75.0%
19.1%
from Jul 2016:
32
from Aug 2015:
47
YTD
2016
2015
+/-
287
244
17.6%
5-year Aug average: 36
New Pendings
37
23.3%
-9.8%
from Jul 2016:
30
from Aug 2015:
41
YTD
2016
2015
+/-
235
246
-4.5%
5-year Aug average: 30
Closed Sales
27
3.8%
42.1%
from Jul 2016:
26
from Aug 2015:
19
YTD
2016
2015
+/-
175
197
-11.2%
5-year Aug average: 24
Median
Sold Price
$380,000
-7.3%
-4.8%
from Jul 2016:
$410,000
from Aug 2015:
$399,000
YTD
2016
2015
+/-
$370,000 $310,000 19.4%
5-year Aug average: $338,600
Summary
In 33785, the median sold price for Condo/Co-op/TH properties for
August was $380,000, representing a decrease of 7.3% compared to
last month and a decrease of 4.8% from Aug 2015. The average days
on market for units sold in August was 83 days, 29% below the 5-year
August average of 117 days. There was a 23.3% month over month
increase in new contract activity with 37 New Pendings; a 7.9% MoM
increase in All Pendings (new contracts + contracts carried over from
July) to 68; and an 8.7% increase in supply to 125 active units.
This activity resulted in a Contract Ratio of 0.54 pendings per active
listing, down from 0.55 in July and an increase from 0.48 in August
2015. The Contract Ratio is 32% higher than the 5-year August
average of 0.41. A higher Contract Ratio signifies a relative increase
in contract activity compared to supply, and indicates the market is
moving in the seller's favor. A lower Contract Ratio signifies a relative
decrease in contract activity compared to supply, and indicates the
market is moving in the buyer's favor.
Active Listings
125
Min
91
Max
125
5-year Aug average
125
106
Jul 2016
Aug 2015
115
91
Avg DOM
83
Min
74
Max
177
5-year Aug average
83
117
Jul 2016
Aug 2015
YTD
103
74
87
Avg Sold to
OLP Ratio
94.8%
Min
91.5%
Max
94.8%
5-year Aug average
94.8%
93.5%
Jul 2016
Aug 2015
YTD
96.1%
93.3%
94.8%
Copyright © 2016 RealEstate Business Intelligence, LLC. All Rights Reserved.
Data Source: MFRMLS. Statistics calculated September 08, 2016.