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Villages at Baxter Ridge sales statistics - year over year comparison 2008-2009/2009-2010.
 
Villages at Baxter Ridge sales statistics - year over year comparison 2008-2009/2009-2010. 
The two charts above compare residential sales at the end of 1st quarter 2009 vs end of 1st quarter 2010.  The number of sales in each one year period are similar - 6 at the end of 1st quarter 2010 and 7 at the end of 1st quarter 2009.  Average days on market were 61 days in the previous period and 44 in the most recent period which represents an 18% improvement.  Average sale price in previous period was $413,143 and $379,167 in the most recent period which represents an 8.3% decrease in price.  The list price/sale price ratio of homes in the previous period was 96.73% and 95% in the most recent period representing a drop of 1.73%. This trend shows that while homes are selling faster, they are selling at a lower price and sellers are still not understanding the market value of their homes and are not pricing accordingly, thus resulting in the lower list price/sale price ratio.
Overall, buying a home in Baxter Ridge has always been a good value.  While there has been a price adjustment that is reflective of the wider market ... more

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