Mediterra Sales have been slower compared to past years but inventory shrank 2 months due to the end of the season discounts. You can expect some continued discounts throughout the summer but buying traffic is still strong in this community.
The Mediterra Club is undergoing a sizeable remodel and golf membership availability is on delay so if you are interested in a golf membership, you will want to find a property with immediate availability or you could wait over a year at this time.
Expect a surge of new Mediterra sales once the golf club remodel is completed and if inventories shrink enough, that may give sellers new found confidence and strengthen their negotiating power. Your best deals will likely be found now through mid-August. If we have an uneventful weather season this year, that could also strengthen the seller’s position. By September/October you can expect a surge of new listings with also a new found confidence for the upcoming selling season. While list prices may be lower, negotiations will likely tighten.
Mediterra sales are updated monthly and can be copied and pasted to your Excel or Pages application.
Here are the last 2 years of Mediterra Sales Report 5/19/18 Mediterra Sales
For more information regarding Mediterra real estate market trends access my Mediterra newsletter archives or contact me directly.