Princeton Lakes in Camp Creek - May 2012 Market Results

Princeton Lakes in Camp Creek - May 2012 Market Results

Princeton Lakes in Camp Creek had five closed transactions in May 2012.  The properties that closed in May were all located in the Regency block of the subdivision.  Purchase prices ranged from a low of $69,998 to a high of $90,000 with an average sales price of $83,299.  Three of homes were forelcosures, and the other two homes were short sales.

Princeton Lakes in Camp Creek - May 2012 Market Results

As of today there are 13 listings on the market or under contract in Princeton Lakes.  The price range of these listings is from $69,900 to $231,000.  One of the properties are traditional resale, while 7 properties are short sales and five properties are foreclosures.  Available inventory is down 50% compared to the month of January.

Princeton Lakes in Camp Creek - May 2012 Market Results

Princeton Lakes in a large community with five different phases and each phase having its own initial price point.  The Estates are at the top end of the homes in the community while the Princeton Lake Regency are priced as starter homes.  Buying a home in Princeton Lakes Regency is significantly cheaper than rent for most people.

Princeton Lakes in Camp Creek - May 2012 Market Results

For more information about available listings in Princeton Lakes, please call our office at 404 923 4210.  Or call me directly at 404 246 3210.  Thank you and we look forward to serving you!