Friday, August 16, 2013

The Westons Update...Yes, the Market is HOT!

There has been quite a bit of activity going on in the Westons neighborhood the past few months and it is safe to say that sales and sale price have dramatically increased since the first of May.

Since May 1st, 9 homes have sold with an average sales price of $306,844 with an average of 45 days on the market.  Of those 9 homes, four of them had accepted offers within 10 days of going on the market.  The average sales price is 98% of the listed price and computes out to $119 per square foot.

Compare that with the period from February 1 through the end of April and we find only 5 homes sold with an average sales price of $204,700.  The average days on market for those sales was 54 days and the average price per square foot was $102....a pretty dramatic increase.

Currently there are 6 homes listed for sale in the MIBOR BLC, 4 of which have pending offers.  The two homes currently for sale are the homes at 10901 Weston Drive and 10736 Morristown Court.  If you or someone you know would like to take a look at either of these two homes please contact me.

If you have considered selling your home and would like to still get in on this hot market, don't wait another day!  Give me a call so we can discuss what we need to do to get your home sold.

 

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