The Neighborhood Report – East County and Lakewood Ranch

Opportunities Abound - 6915 Westchester Circle - A grand Lakewood Ranch property listed by Mary Hellhake

Opportunities Abound - 6915 Westchester Circle - A grand Lakewood Ranch property listed by Mary Hellhake

The residential areas of East County differ widely, offering everything from charming single-family residences and exquisite golf course communities to grand, newly built estates and expansive equestrian acreage. Gloria Weed, branch manager of Michael Saunders & Company’s Lakewood Ranch office, finds that sales activity in East County has been brisk, with 291 homes pending, 189 homes sold and 312 new to the market in the last 30 days.

Lakewood Ranch Activity

The area’s most extraordinary master-planned community, Lakewood Ranch provides all the essential elements for a wonderful life. With beautiful homes, plentiful shops and places to play Lakewood Ranch has established a harmonious balance among the people and the surrounding natural environment. Its proximity to I-75 makes it the perfect location to reach other Florida destinations in any direction, with convenience to two international airports.

Lakewood Ranch (34202) Market Area Statistics – as of 9/23/09:

75 New listings – 8 over $1 million – 24 over $500,000
71 Pending in the last 30 days – 3 over $1 million, 7 over $500,000
42 Closed sales in the last 30 days – 2 over $1 million and 6 over $500,000

Lakewood Ranch Success Stories

Current sales from our Lakewood Ranch office further reinforce the importance of pricing correctly in today’s market. Our agents are experts in identifying the right price for any property. In fact, two of our listings recently sold due to price reductions:

7123 Boca Grove #202 – Originally listed at $199,000. Price reduced to $169,000 on 7/22/09. Went to contract on 7/28/09 and closed 9/15/09. Listed by Christine Mazur and sold by John Camino, both from the Lakewood Ranch office.

7034 Vilamoura – Originally listed at $899,000. Reduced to $699,000 on 4/16/09. Went to contract on 5/16/09 and closed 9/9/09. Lister was Mary Hellhake, sold through MLS.

Kudos to Lakewood Ranch Agents

Gloria has received numerous letters from customers extolling the professionalism, level of caring and concern, and excellence of skills in many of the agents serving in the Lakewood Ranch office.

Gloria’s Bottom Line

What makes our market appealing to buyers is the opportunity to purchase any type of home, in any price range. The variety and value are fantastic. We have numerous types of locations that offer all the amenities to suit any lifestyle preference.

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