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Braemar Townhouse Report: July-August 2015
Braemar Townhouse Report:  July-August 2015
Only a couple days left in September.  Hard to believe that we are about a month from Halloween.   Summer seems to go by so quick, but I'm always happy to welcome fall.  From a real estate perspective, it is like our second spring market.  The fact that the Federal government's fiscal year starts October 1st, creates demand near the end of the year in our housing market.  New jobs may be created in the budget, or buyers get the bump up they need to be able to make a first time purchase.  Whatever it is, I'm sure it will work well for my latest Braemar townhosue listing on Maitland Loop.  For now, let's take a look back at the last two months of summer and see what happened in the Braemar townhouse market.  
There were fifteen Braemar townhouses that sold in July and August.  Their sold prices ranged from $250,000 to $330,000.  The average of all of them gives us our new average market value for Braemar townhouses--$$292,800.  That is a decrease of 1.5% in average market value since last report, but a 1% increase in average market value since last year.
If you placed your Braemar ... more

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