Four homes SOLD in LONGWOOD during the month of October. Prices ranged from $189500 for a home in Section 2 all the way up to $305000 for a patio home in section 10 near the golf course. The average number of days on the market was 171. The average price/sq. foot was $75.14 for the regular lots, and the home on the golf course received $104.24/sq. ft.
I cannot stress enough the importance of pricing your home right the FIRST time! One of the October SOLDS had FOUR price reductions before it obtained an offer. If the sellers had priced it right from the beginning, they most likely would not have waited 212 days for a contract. When a home has been on the market for this many days, some people begin to question "Could there be something wrong with that house!!" So, listen to the market data!! It will not lie. :)
SONJA PATTERSON with RE/MAX REALTY CENTER 13611 Skinner Rd. Suite 100, CYPRESS, TX 77429
OFFICE 281.213.6200 DIRECT 281.213.8039 CELL: 713.303.9463
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