Silver Springs is still avoiding the massive foreclosures and short sales that are happening in neighboring communities. Hopefully, Silver Springs can dodge the bullet!
July had two sales in the stick built homes. One was a bank-owned that was listed for $123,000 and sold for $113,000. The other was a regular owner/investor sale, listed at $182,000 and sold for $175,000 (my listing).
Five manufactured homes were sold and all of them were bank-owned:
List price high $101,900 low $42,000, average $70,820
Sold price high $105,000 low $42,000 Average $67,000
Average days on market were 180
August begins with 61 manufactured listings:
10 bank-owned, list price high $126,000 low $45,000 average $73,850
5 short sales, list price high $145,000 low $43,900 average $86,650
44 regular owner listings, list price high $289,000 low $30,000 average $135,208
2 court approval required listings, one for $120,000 and the other is $65,000
27 stick built homes are listed:
4 bank-owned, list price high $144,900 low $84,900 average $111,150
3 short sales: $119,000 for one and two at $130,000
20 regular owner listings: list price high $375,000 low $69,000 average $175,699
Average days on market are 316
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