Spring Trails continues to be a strong performer even though we are in the slower fall season.
Here are the year-to-date statistics:
ACTIVE LISTING FOR RESALES: 47
ACTIVE LISTINGS FOR NEW HOMES: 23
PENDING CONTRACTS FOR RESALES: 4
PENDING CONTRACTS FOR NEW HOMES: 14
SOLD RESALES AS OF OCTOBER 15, 2010: 30
SOLD NEW HOMES AS OF OCTOBER 15, 2010: 64
New home sales are outpacing resale properties which is to be expected. Buyer incentives, long-term warranties that come with purchasing a new home, and the simple fact that buying a new home is very appealing to most buyers are some of the reasons supporting the overall strong performance of new home sales in Spring Trails.
Pricing, added amenities and condition of the property will help move resale inventory. But, even with all those in place, sellers are facing very tough competition. Potential sellers are encouraged to contact Realtors familiar with the area for detailed market evaluations and suggestions that will help their property sell.