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Neighborhoods Statistics for Fayetteville NC real estate, Southwood

By
Real Estate Agent with KW Fayetteville

I frequently review real estate market statistics to stay ahead of trends in Fayetteville NC real estate. This helps me stay prepared to guide sellers and buyers through the challenges of a real estate transaction. Thanks goes out to Jennifer for her inquiry on the Southwood subdivision

Southwood is located in Cumberland County in a semi-secluded area off Tom Starling Rd near Grays Creek. Although not technically in town it is still part of the Fayetteville NC homes market. The homes in Southwood were built in the 90s with a traditional architectural style. Many homes have a garage attached and are clad mainly with wood composite or vinyl siding. The area has excellent access to highways I-95 and NC 87 

The market statistics for the Southwood subdivision:

Homes sold From September 2005-2006            7  Avg sale price: $92,586

Homes sold From September 2006-2007            7  Avg sale price: $92,729

Homes currently on the market         3

Homes pending sale                        1

This year sellers are getting 97.16% (down slightly) of listed price. Homes sold this year average 1264 square feet and sold after about 34 days on market, up fron 27 days on market a year prior.

For a no obligation review of homes in your area please email me or call toll free (866) 390-9257 ext 1100 for an automated message service

If you want to search all real estate for sale in Fayetteville NC (foreclosures, and everything else) or get a FREE no obligation over the net home valuation at  favoriteHomeFinder.com

 

Copyright 2007 Ron Allen Fayetteville NC Real Estate all rights reserved

 
Cynthia Tilghman, Realtor® Onslow County NC Home Specialist
Kingsbridge Realty, Inc - Hubert, NC
Hi Ron,
I think these figures are great in today's market, much better than most parts of the country.  
Oct 03, 2007 01:35 AM