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Market Update for Cambridge Village Homes



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Cambridge Village is a 55+ maintenance free community with low association fees located in the Bayshore Shore Gardens area of Bradenton. Your villa is one of your most important assets. Like any other investment, you should know everything you can about its value and marketability. That is why we are happy to provide this complimentary real estate report on sales activity in Cambridge Village.  If you are thinking about selling your home or looking for a new home just let us know and we will be happy to assist, just contact us and we will be happy to answer all your questions. Please check back, we will update the information on a quarterly basis and when the time is right for you just let us know, we are here to help.

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HOMES SOLD FOR THE PAST TWO YEARS
  Homes Sold Annual Turnover Avg Sales Price Avg Price per Sq Ft
7/1/09 to 6/30/10 2 .43% $107,000 $86.99 
7/1/08 to 6/30/097 3% $120,285 $94.54
Difference-5 -2.57%-$ 13,285 $-7.55
Details on Individual HomesSold Between 7/1/09 to 6/30/10
Address Year Built Beds BathsLiving Area (Sq Ft)Sold Price Price per Sq FtDate Sold
6612 Bowdoin Pl 1979 21,230$107,000$86.993/1/10
6513 Auburn W Ave 1979 21,230$107,000$86.994/1/10

Details on Individual Homes Sold Between 7/1/08 to 6/30/09

AddressYear Built  Beds BathsLiving Area (Sq FT) Sold Price Price per Sq Ft Date Sold 
6432 Auburn Ave1977221,230$120,000$97.568/7/08
6610 Bowdoin Pl1979221,230$97,000$78.868/25/08
3212 Notre Dame Pl1977221,230$130,000$105.699/15/08
6321 Auburn Ave1978221,467$155,000$105.6611/10/08
3307 Mercer Rd1973221,230$115,000$93.5012/12/08
6428 Bowdoin Pl1979221,275$85,000$66.6712/30/08
6411 Renssalaer1978221,230$140,000$113.822/20/09

Annual Turnover: This is the percentage of homes that have sold over the past year. For example, if Cambridge Village had 100 homes and 5 sold in the past year, your annual turnover would be 5%. This statistic measures the pace of real estate activity in Cambridge Village. A higher turnover indicates a faster pace.
 
Avg Price per Sq Foot: The average price per square foot is useful for understanding the average value of homes in Cambridge Village regardless of size. For example, a 2,000 square foot home that sold for $400,000 and a 2,500 square foot home that sold for $500,000 both have a price per square foot of $200. The difference in their sale price results from the difference in their living area. Multiplying   the living area of your home by the average price per square foot for Cambridge Village provides a rough estimate of your home's value. If you would like the current market value of your condominium, its easy,
just contact us.

Difference (+/-): This shows how each statistic has changed from one year to the next,illustrating important trends in Cambridge Village. For example, if the Avg. Price Per Sq. Foot was $200.00 over the past 12 months, and was only $180.00 the year before, it would show +$20.00 compared to the previous year.

Bedrooms: This is the number of existing bedrooms in a home. The number of possible bedrooms may be greater.

Baths: This is the total number of full and half baths in a home.

Living Area:This is the space in a home that is typically air-conditioned. It generally excludes areas such as the garage, lanai, porch, veranda, etc.


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The Harris and Mullen Team

Sharon Harris and Tracey Mullen 
REALTORS®, AHWD, e-PRO,CDPE,GRI, SFR

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941-224-4685 Direct


 

Based on information from the  Mid Florida Multiple Listing Service. Information may or may not include all properties sold in Cambridge Village during that period. The accuracy of information in this report is dependent upon the aforementioned sources, and is not guaranteed. If your property is currently listed with another broker, this is not a solicitation of that listing.

 


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Realtors® AHWD, CDPE, e-PRO, GRI, SFR
Specializing in the Sale of Residential Properties


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