Saying goodbye to 2015 and looking to 2016, what am I grateful for? Real estate BOOMED in 2015 and will continue on into 2016! And I am especially grateful that interest rates have remained remarkably low. Sloan’s Lake is forever changing and that includes redevelopment of St Anthony’s, older properties becoming new again and even low key remodels. Yep! Sloan’s has seen a bountiful 2015 and here’s to 2016!
As of this writing on Dec 14, there are 27 detached homes that are not under contract but hoping to be! A modern new build at 3935 W Byron Place is listed for $1,250,000 and is expected to be completed March 2016. It is 4037 fin sq ft, 4 beds and 5 baths, 3 car garage. It is a custom home so you can still pick out your own finishes. And I always love a main floor master suite. At the other end of the price spectrum is 1746 Grove St. It has come down in price and is currently $397,000 – it’s a fixer but you can almost double the finished square footage if you finish out the basement. At the median price for detached homes in Sloan’s Lake is 2830 Raleigh St. I reviewed this home and predicte
What can be better than Fall? It’s my favorite time of the year. I took this photo as I approached the walking trail at Sloan’s Lake. Isn’t it gorgeous? And the weather on Friday – WOW! It’s almost pumpkin day, the leaves are falling, the weather has a chill in the eve, I JUST LOVE IT! Spiced chai is my new a.m. ritual. The only downfall is all the leaves I will rake and bag up, but not before the piles are jumped in and scattered, all for me to rake again. Oh well, IT’S FALL!
A buyer’s market? No, the data collection and analysis behind the Infographic is technically working correctly, but since we added the area where all the new builds are happening just out of the true Sloan’s Lake boundaries [to capture the redevelopment of St. Anthonys], keep in mind that there are a lot of attached homes there, and this is skewing the over all market of Sloan’s Lake. So the attached home market is leaning towards buyer’s, but the market for detached homes? Still a SELLER’S MARKET as inventory is still below normal levels and the demand is high.
What detached homes sold in August? Well since we see so many scrape and new builds and/or older homes being r
Would you agree that a greater number of ATTACHED single family homes are being sold in Sloan’s Lake compared to a year ago? Well, the stats back this up. Take a look. Here is a breakdown comparing 2014 to 2013 homes sold in Sloan’s Lake within various price ranges.
Currently the listings in Sloan’s Lake run from 2.2 million to $300. In fact, 6 properties are over 1 million, 59 are between 1 mil and $500,000 and the remaining 36of 101 current listings that are not yet under contract are between $500,000 and $300,000 – no listing under $300k...