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Founders Pointe Spring 2015 Market Report
Founders Pointe Spring 2015 Market Report
The Founders Pointe Neighborhood saw very consistent sales this Spring of 2015 compared to the Spring of 2014. Both 3 month periods had 3 sales each. The Average Sales price was very interesting since in went from $374,425 in 2014 to $343,333 in 2015.
However, one must always look closely at all the information. It ends up that the homes sold in 2014 were larger than those in the same time period of 2015. The Price/square foot actually increased from $130 in 2014 to $133 in 2915. It's only a 2% increase, but an increase, nevertheless.
Days on the market dropped from 66 to 38! That's a 42% decrease. The 38 days is very deceiving. The clock stops when the property goes pending. That means from the day it goes live until after the home inspection contingency is removed, the clock continues to tick.
Most of the homes sold in the first week on the market.
 Once again, with lower inventory there are more offers on the homes and buyers tend to snatch them up quickly so as to not lose out!
 
Founders Pointe currently has one Pending sale, one Active sale and one Active with an inspection contingency.
 
That ... more

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