Currently there are 19 homes on the market with an average list price of $331k for 1963 sf...$169/sf. 17 homes have sold this year for an average of $311k for 1844 sf...$169/sf. So, homes are priced right and are currently taking about 2.5 months to sell.
Compare this to 2006, where we had 18 homes sell for an average price of $328k for 1936 sf...$169/sf. Those homes took 94 days to sell.
So, some positive news!!! In a down market, this community has not depreciated from last year and homes are selling quicker, definitely a good sign:-)
For more information, check out http://www.danmullarkey.com
Sunday, October 21, 2007
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