Tuesday, July 14, 2009

July Housing Market Update

As of today in The Forge:
--22 houses currently for sale from $269K -$430K. This is about 1% of the homes in the neighborhood.
--Of these: 3 are 4bdrms priced from $307K-$369K
--2 are 5bdrms priced from $392.5K-$430K
--3bdrm price range is $269K-$319.9K
--Of the 3bdrms, 11 have 1 bath, 7 have 2 baths
--14 homes are currently under contract
--Average time it takes to put a home under contract is 46 days, but most took less time than that.

--12 homes have sold since June 1.
--Of these 12 were 3 bdrms w closing prices from $$240K-$348K
--2 were 4 bdrms w closing prices of $342K-$410K.

The Forge continues to see a robust market. Rates are still very good, houses are very affordable and buyers have lots of reasons to buy in this market!
Need more details? Have questions? Write in or feel free to call me.

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