There are 8 active listings in Lake Park West today, but no closed sales yet this year. One home is in escrow, after 134 days on the market.
Of the 8 actives, 3 are bank-owned, 2 are short sales, and 1 is owned by a relocation company.
The bank-owned home on Crane was previously offered as a short sale, and I heard there were offers submitted to the bank in the $680K range. The sellers had what appeared to be a true hardship with huge medical bills (wife’s cancer treatment) and the husband’s job loss. If any property would qualify for a short sale, this looked likely, but the bank instead choose to foreclose. It is now offered by the bank for $614,900. It is really a nice house, with a good floor plan, and decent location (doesn’t back up to Lake Forest Drive.) I will be surprised if it doesn’t sell soon.