Pelican Sound Market News
Late Spring 2017
In This Issue
Ali's Corner


Homeless in Pelican Sound

While we are definitely not homeless, Mom currently does not have any single family homes that she is representing for sale in Pelican Sound!  

Her single family homes that were listed this season are all under contract, and many have already closed.  So, if you are considering selling your home she would be happy to speak with you! 

Currently Mom has clients looking for larger homes in Pinehurst and also clients looking for either  Ridgewood or Greenbriar homes with either 2 ½ or 3 car garages.

Let Mom know if you would like to chat!

  
My 2017 Sales

My 2017 Sales Include:

20842 Pinehurst Greens Drive - Pending

20864 Pinehurst Greens Drive - $630,000

4538 Pinehurst Greens Court - $750,000

20856 Gleneagles Links Drive - Pending

20834 Gleneagles Links Drive - Pending

4640 Gleneagles Links Court - $515,000

20851 Gleneagles Links Drive - $440,000

21731 Sound Way #202 - $455,000

21450 Pelican Sound Drive #201 - $485,000

21801 Palmetto Dunes Drive #202 - $455,000

7881 Classics Court #202 - $465,000

21320 Pelican Sound Drive #102 - $420,000

20941 Island Sound #201 - $320,000

21531 Pelican Sound #201 - $327,500

21561 Pelican Sound #203 - $335,000

20915 Island Sound #202 - $320,000

20925 Island Sound #103 - $325,000

8251 Southern Hills Ct #102 - $324,000

21501 Pelican Sound #102 - Pending

20921 Island Sound #102 - Pending

20931 Island Sound #101 - $310,000

4690 Turnberry Lake Drive #402 - $255,000

20916 Island Sound #305 - Pending

20940 Island Sound #402 - Pending

20820 Hammock Greens #204 - $233,000

20820 Hammock Greens #303 - $229,500

4640 Turnberry #404 - $225,000

20916 Island Sound #104 - $170,000

20918 Island Sound #103 - $230,000

Whose home will be next?   
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Hello Neighbors!
 
May has arrived in Pelican Sound and our streets are getting a little quiet.  While many people have left to return home, many of us are here on a year-around basis.  We will miss our winter friends, but also look forward to some of the delights of being in Pelican Sound in the off season! 

Enjoy where ever this summer season takes you!


  
Raise the Bridge of Lower the Water?

 
For residents of Pelican Sound that have decided to sell their home to either find a new home within Pelican Sound or to look outside of our community, there is always one question that is asked.  What should I do to get my property ready for sale?  Of course, current Owners want to get the most value out of their properties, but just how much work or money are they willing to invest?  So, it comes down to the old saying of "Do you raise the bridge or lower the water?".

Homes within Pelican Sound are now 16-18 years "young" and many of the Buyers of today have different wants and needs than those in the past.  Owners have to make the difficult choice of not making upgrades and selling their property at a lower price point or making upgrades and selling their home at a higher price point.  Which one is good for you?  Well, there isn't one answer that works for everyone and it can be a fine line.

One discussion that I have recently had with a Seller is that they would rather sell their property as it is and let the new Buyer upgrade it to their liking.  While another Seller is currently taking down a wall in the kitchen and installing a new kitchen hoping to obtain a sale at a higher price point.  I can truly understand both sides of the decision.  Just be prepared for the results! 

In closing, one observation that I can definitely share is that during this selling season, homes that did have upgrades did sell quicker than those that did not have upgrades.  So a Seller does have to factor in carrying costs to keep the property on the market for a longer period of time without upgrades.  However, if you do decide to do upgrades, keep it neutral enough to appeal to the broader market.

 
2017 Year-to-Date Sales

 
Per Multiple Listing Service, there are now a total of 47 properties that have either closed or are under contract as of May 2, 2017.  I have had the pleasure of being involved in 29 of these sales:

Address List Price Sold Price
7851 CLASSICS CT #202 $499,000  $462,000 
7881 CLASSICS CT #202 $479,900  $465,000 
20834 GLENEAGLES LINKS  $619,000  Pending
20845 GLENEAGLES LINKS  $585,950  $555,000 
20855 GLENEAGLES LINKS  $499,000  Pending
4640 GLENEAGLES LINKS CT $539,000  $515,000 
20851 GLENEAGLES LINKS  $475,000  $440,000 
20856 GLENEAGLES LINKS

$562,664

Pending

20820 HAMMOCK GR #103 $215,000  $210,000 
20820 HAMMOCK GR #303 $234,900  $229,500 
20820 HAMMOCK GR #204 $239,000  $233,000 
20851 HAMMOCK GR #202 $179,900  $160,000 
20915 ISLAND SOUND #202 $339,000  $320,000 
20916 ISLAND SOUND #305 $233,900  Pending
20916 ISLAND SOUND #104 $185,000  $170,000 
20918 ISLAND SOUND #103 $239,900  $230,000 
20921 ISLAND SOUND #102 $330,000  Pending
20925 ISLAND SOUND #103 $336,500  $325,000 
20931 ISLAND SOUND #101 $325,000  $310,000 
20940 ISLAND SOUND #402 $249,000  Pending
20941 ISLAND SOUND #201 $345,000  $320,000 
20975 ISLAND SOUND #201 $335,000  $320,000 
21773 MASTERS CIR $599,000  $580,000 
21711 PALMETTO DUNES #102 $445,000  Pending
21801 PALMETTO DUNES#202 $467,500  $455,000 
21271 PELICAN SOUND #101 $350,000  $335,500 
21301 PELICAN SOUND #101 $335,000  Pending
21320 PELICAN SOUND #102 $419,500  $420,000 
21361 PELICAN SOUND #102 $325,000  $320,000 
21450 PELICAN SOUND #102 $425,000  $412,000 
21450 PELICAN SOUND #201 $489,900  $485,000 
21501 PELICAN SOUND #102 $315,000  Pending
21501 PELICAN SOUND #101 $335,000  Pending
21531 PELICAN SOUND #201 $339,000  $327,500 
21561 PELICAN SOUND #203 $349,900  $335,000 
20842 PINEHURST GREENS  $745,000  Pending
20864 PINEHURST GREENS  $670,000  $630,000 
4538 PINEHURST GREENS CT $775,000  $750,000 
21731 SOUND WAY #202 $469,000  $455,000 
21755 SOUND WAY #202 $464,000  Pending
21758 SOUND WAY #102 $435,000  $410,000 
21780 SOUTHERN HILLS  #102 $300,000  Pending
8251 SOUTHERN HILLS #102 $327,900  $324,000 
4640 TURNBERRY LAKE #404 $229,900  $225,000 
4670 TURNBERRY LAKE #305 $236,900  Pending
4680 TURNBERRY LAKE #104 $205,000  $193,650 
4690 TURNBERRY LAKE #302 $250,000  $245,000 

 
New Listings Coming to the Market!

 
I am extremely excited to have five new properties coming to the market in Pelican Sound!  You may have left for the season, but do not leave these lovely properties behind:

4690 Turnberry Lake Drive - #204
Exquisite custom kitchen and baths with wonderful views!
Listed at $248,500 and sold Turnkey


20935 Island Sound Circle - #101
Move in ready with all upgrades in place!
Listed at $335,000 and sold Turnkey


8251 Southern Hills Court  - #203

(photos coming soon)

New flooring is being installed as I type!
Listing price to be determined and sold Partly Furnished


21531 Pelican Sound Drive - #102

(photos coming soon)

Holiday Home - Come and Make it Yours!
$319,000 and sold Turnkey


21361 Pelican Sound Drive - $101

(photos coming soon)

Coming to the Market Soon!
Listing price to be determined and sold Turnkey


If you have any questions or would like additional information, please give me a call of send me an email at 239-292-6860 or Rebecca@RebeccaLevitanRealtor.com



 
Properties Currently for Sale in
Pelican Sound


 
Our selling market is fairly healthy this year with 39 properties actively on the Multiple Listing Service and I have an additional five new properties that are in the process of being entered as we speak and I have included them below: 

Address CDOM List Price
7890 CLASSICS CT #201 69 $480,000 
20822 GLENEAGLES LINKS DR 88 $650,000 
20867 GLENEAGLES LINKS DR 142 $524,900 
4610 GLENEAGLES LINKS CT 103 $609,000 
20800 HAMMOCK GREENS #304 44 $225,000 
20810 HAMMOCK GREENS #303 78 $229,000 
20810 HAMMOCK GREENS #403 63 $239,000 
20820 HAMMOCK GREENS #104 31 $225,000 
20820 HAMMOCK GREENS #405 10 $249,000 
20930 ISLAND SOUND CIR #105 172 $219,000 
20930 ISLAND SOUND CIR #202 182 $225,000 
20930 ISLAND SOUND CIR #402 230 $238,500 
20935 ISLAND SOUND CIR #101 COMING $335,000 
20941 ISLAND SOUND CIR #202 141 $330,000 
20944 ISLAND SOUND CIR #104 562 $159,900 
20944 ISLAND SOUND CIR #102 162 $179,500 
20944 ISLAND SOUND CIR #203 57 $199,900 
20944 ISLAND SOUND CIR #305 92 $215,000 
20981 ISLAND SOUND CIR #203 16 $345,000 
21231 PELICAN SOUND DR #102 68 $329,500 
21231 PELICAN SOUND DR #202 67 $339,000 
21251 PELICAN SOUND DR #201 280 $307,500 
21251 PELICAN SOUND DR #102 72 $328,500 
21270 PELICAN SOUND DR #201 58 $485,000 
21320 PELICAN SOUND DR #202 7 $510,000 
21341 PELICAN SOUND DR #101 78 $327,000 
21361 PELICAN SOUND DR 3101 COMING TBD
21420 PELICAN SOUND DR #202 125 $469,900 
21450 PELICAN SOUND DR #202 18 $495,000 
21531 PELICAN SOUND DR #102 COMING $319,000 
20827 PINEHURST GREENS DR 89 $649,000 
4514 PINEHURST GREENS CT 49 $739,900 
21739 SOUND WAY #202 134 $469,000 
21754 SOUND WAY #201 26 $475,000 
21730 SOUTHERN HILLS #103 394 $279,000 
8241 SOUTHERN HILLS CT #202 55 $319,500 
8251 SOUTHERN HILLS CT #203 COMING TBD
4620 TURNBERRY LAKE DR #103 70 $219,500 
4620 TURNBERRY LAKE DR #404 26 $249,000 
4620 TURNBERRY LAKE DR #201 57 $269,000 
4640 TURNBERRY LAKE DR #302 201 $235,000 
4680 TURNBERRY LAKE DR #102 76 $218,500 
4680 TURNBERRY LAKE DR #203 112 $219,900 
4690 TURNBERRY LAKE DR #204 COMING $248,500 

 

I look forward to seeing you at Pelican Sound!

 

 


 

www.pelicansoundonline.com  www.RebeccaLevitanRealtor.com

 

Rebecca@RebeccaLevitanRealtor.com

239-292-6860