Wednesday, September 5, 2012

Is September Our Second Spring?

A new school year has begun, and the market remains really strong in the neighborhood - the majority of houses are selling in under 30 days. I can hardly believe we are still showing only 3 houses for sale in the entire neighborhood....and 10 under contract, indicating that sales are robust. I expect more homes to be listed this month, and, indeed, this is an opportune time for anyone ready to put their house on the market. Low inventory is the first sign of a shift more toward a "seller's market". Interest rates remain at all-time lows--4% or lower. Rentals continue to fill almost immediately upon being listed.

3 Homes Currently For Sale:
2 -3bdrms, 1 full bath: $264.5K-$264.9K
1 -4bdrms, 2bath: $299.9K
0 Rodgers Choice Currently For Sale
1 Rodgers Forge Condo (2 bedroom)
1 - 2 bdrm, 2 bath: $190K
10 Homes Under Contract
5 -3bdrms, 2 bath: $275K-$325K
4 -3bdrms, 1 full bath: $200K-$289.9K
3 -4bdrms, 2 bath: $339.9K
6 Homes Have Been Sold Since August 1
3 - 3bdrms, 2 bath: $273K-$292.5K
7 - 3bdrms, 1 bath: $170.4K-$289K
1 - 5bdroms, 2 bath: $435K
0 Homes in Rodgers Choice Have Sold Since August 1
1 - 3bdrms, 2 bath, 2 half: $390K

Of the 10 homes under contract almost all sold in 30 days or less.

1 comment:

  1. This is the best time to invest in some property because the rapidly real estate market is growing, it seems that a middle class man would not able to buy a piece of land for him.

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