Currently there are 24 active listings ranging all the way from 310,000 to 4.2 million. The average price is $703,102 but the 4.2 million dollar listing could be squing this number. The average PPSF is $312 which is a little higher than normal for this area, but again the 4.2 million dollar listing could be affecting this number. Currently there are 5 properties under contract.
One listing that really stands out is the 4.2 million dollar listing. It is typical to see listings in the higher ranges all the way up to 800-850,000 but million dollar listing are not typical for this area.
During the month of August there were 27 listings that sold. These listings had an average CDOM of 2
Currently there are 7 active listings, which is more than the previous month. The homes that are on the market are staying on the market for more amount of days than previous months. The average PPSF of the current listings is $211 which is common for the area. The properties that are currently active have an average CDOM of 49 which tells me that the market is cooling off a bit this last month.
In the month of August there were 3 properties sold. The average CDOM was 14 with an average PPSF of $215. Out of the 3 properties that sold, two of them were two bedrooms and one of them was a four bedroom and looks like two of them were on the market for 2 weeks. What makes some of these homes desirable is
Currently there are 6 active listings with an average CDOM of 35. There are currently 12 properties under contract with an average price of $450,771 and average PPSF of $300. Current properties under contract range from $245,000 all the way up to $740,000. Which is typical of this area to have...