MARKET AREA | PLAT NAME | TYPE | SELLER | BUYER | SALE PRICE | PER LOT | AVG SIZE | # OF LOTS |
ARLINGTON | SUN PEAK ESTATES | CLUSTER | SUNDBERG HOMES, INC | JAMES SPANE | $149,000 | $149,000 | 47,302 | 1 |
ARLINGTON | HALLER CITY | PLAT | STEVE & JO HALVERSON | D.B.JOHNSON CONST. INC | $69,937 | $69,937 | 4,800 | 1 |
NORTHCREEK | CAMDEN MEADOWS PH. 1 | PLAT | HORIZON BANK & HERITAGE BANK | SSHI, LLC DBA DR HORTON | $1,000,000 | $100,000 | 4,300 | 10 |
NORTHCREEK | WESTCASTLE | PLAT | PDI PROPERTIES, INC | SELECT HOMES, INC | $880,000 | $220,000 | 9,600 | 4 |
NORTHWEST | C D HILLMANS | PLAT | BRIAN & LINDA MCCALLUM | GERALD SHARPE | $35,000 | $35,000 | 9,600 | 1 |
NORTHWEST | ALDER GROVE ESTATES | CLUSTER | ALDER GROVE, LLC | SCOTT & KATHLEEN CARLIN | $165,000 | $165,000 | 30,712 | 1 |
SKYVALLEY | SKOGLUND ESTATES | PLAT | SULTAN 144, LLC | CAMBRIA HOMES, LLC | $80,280 | $80,280 | 5,963 | 1 |
TOTAL LOTS SOLD 1ST QTR= 19 |
With local lenders virtually putting a freeze on any new construction loans and buyers scared about the economy; we see that lot sales are basically down to nothing. We do have a couple of sales from the banks and this could be a continuing trend. Stay tuned!!
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