Spring 2012 Market News for Raintree Forest
Though the number of homes sold in Raintree Forest was down somewhat, the prices are returning to the increases that sellers have been accustomed to seeing. That's not surprising since this is a favorite neighborhood will its tree-lined streets, walking paths and swim complex.
| # Homes Sold | List Price | Sales Price | Days on Market | |
| 2011 | 9 | $392,681 | $383,916 | 97 |
| 2012 | 6 | $417,748 | $413,874 | 125 |
| % Change | -33% | 6% | 8% | 29% |
The 6 Raintree Forest homes that sold in the first half of 2012 included a home with 
5592 square feet that sold for over $500,000. We removed this sale to get a truer look at where the average houses were selling. There are currently 5 homes on the market and one Pending.
Thirteen homes sold in Raintree Forest in the past 12 months. That's just over 1/month. With those numbers, that means there is a 5 month supply of inventory. Anything under a 6 month supply of homes is considered a Seller's market.
It looks to us that Raintree Forest is turning the corner in the local Real Estate Market.
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