As a Fayetteville NC real estate agent I keep up with local market stats so I can properly advise my clients. Yesterday I recieved a request for a report on the Lagragne subdivision. If you are a regular reader or subscriber you already know that I post these reports often and if you want to see one on your area simply email me or post a comment below with your request.
Lagrange is a lower than average priced nieghborhood in the Fayetteville North Carolina real estate market. The homes were built from the mid 1960s through the 70s. The homes are mainly ranch style architecture typical of the era with a few split and tri-levels scattered about. Carports and garages are common. Brick and siding is the most popular exterior. the subdivision is just outside the Reilly gate to Ft Bragg North Carolina, making it popular with people who need easy access to post.
Lagrange's Statistics:
21 Homes sold in 2007 (45% annual reduction)
38 Homes sold in 2006
23 active for sale listings
2 pending sales
The average price in Lagrange not including foreclosure properties was $98,303 last year that's up from 2006's price of $91,104. Sellers are currently getting 95.88% of asking price, Fayetteville NC's market average on existing homes is just over 98%. the average ome in Lagrange was 1500 square feet and was on market 80 days before selling. There is currently 13 months worth of homes inventory in Lagrange, about twice Fayetteville's average.
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Ron Allen Fayetteville NC real estate agent
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