Orchard Valley 2006 Trends and Information

Orchard Valley Subdivision features large semi-custom homes in a golf course community on the west side of Orchard Road near the intersection of Galena. Although the large community entry sign was largely under construction at the end of 2006, real estate was definately in good working order. Prices ranged from a low of $208,000 for one of the small ranch homes without a basement (just over 1200 square feet) up to an impressive $540,000. However, the general price range of homes in Orchard Valley are high $200's to mid $300's. The $540,000 price should be seen as an exception. However, home prices have actually fell a bit since 2005 when the low was $213,500 and there were several homes that sold above $350,000 (in 2006, besides the home that sold for $500K, there was only one home that sold at $350,000 or above).  17 homes in Orchard Valley sold in 2006 - down from an extremely hot year in 2005 that saw 26 homes sell. 2007 should see an increase in both sales prices and homes sold.