Tuesday, March 3, 2009

March Update--Rodgers Forge Real Estate Activity

Current Statistics
as of March 3, out of approximately 1800 homes:
  • 15 homes for sale
  • 4 homes for rent
  • Sale Price Range: $269,900 -- $369,000
  • Rental Range: $1,675-$1,200 per month
  • 3 0f 15 homes for sale have been on the market for approx 200 days
  • Of the other 12 homes for sale, average days on market: 27
  • 6 homes currently under contract--average days on market: 25
  • Since January 1, 11 homes have settled, average price $287,000, averaging 60 days on market

Summary: Homes are selling in the Forge and they are selling pretty fast given the economy. Price and condition of the property are driving the contracts.

  • If you are thinking of listing and want top dollar: make sure your property is updated and that it sparkles! 2 new or updated bathrooms and an updated kitchen really sell a property. Open kitchens done well, will sell well .
  • Price: If your property is not perfect or needs updating and you want to sell quickly, price it competitively, maybe just under the price of comparable houses in the neighborhood and it will sell . This is a buyer's market. Be prepared to negotiate any listed price.
  • Questions? Call or email me, or post a comment. If you want a print- out of current listings, solds, and under contracts, I will be glad to email them to you.

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