The Northwest Allen County community of Holly Ridge is a 96 single family homesite neighborhood first developed in 1993. Located 1/4 mile North of Dupont Rd on the East side of St. Rd 3 (Lima Rd). The area is serviced by Northwest Allen County schools with home prices averaging in the $140,000's and are up to 19 yrs in age. 15 Homes are built on the community pond with a common walking path around the pond accessed from multiple points in the community. Holly Ridge is also close to shopping and dining and is within a 10 minute drive to the new Parkview Regional Hospital.
Number of Homes sold in Holly Ridge Jan-Sep 2011: 1
Number of Homes sold in Holly Ridge Jan-Sep 2012: 3
Avg Days on Market for homes sold Jan-Sep 2011: 13
Avg Days on Market for homes sold Jan-Sep 2012: 25
Holly Ridge only saw 1 home sell during the first 9 months of 2011 and in quick time at 13 days. The 3 homes sold through September of 2012 match the total from 2011 with an additional home currently under contract that was only on the market for 15 days. 25 days average days on market for Holly Ridge still bests the Northwest average in 2012 of 78 days by 53 days!
Average Sales price Jan-Sep 2011: $148,500
Average Sales price Jan-Sep 2012: $158,416
Median Sales price Jan-Sep 2011: $148,500
Median Sales price Jan-Sep 2012: $165,000
Sales prices remain strong into 2012 with Holly Ridge realizing a nearly 7% increase in average sales price in the 3 homes sold so far this year.
As previously mentioned there is currently 1 home pending in Holly Ridge with a list price of $152,900. There currently are no homes actively for sale in Holly Ridge.
When it comes time to buy or sell a home in the community of Holly Ridge or the Northwest Allen county area, contact me (260) 438-6289 email@example.com for the most up to date market information.
This study is not designed to be used for determining a value of a particular home within the community of Holly Ridge. If you have a home in the community of Holly Ridge and would like a complete Market Analysis done for you, I would be happy to meet with you and provide a study designed for your home. This study was done using data provided by the Upstar MLS, while it may not contain information regarding the homes sold privately by owners, it does present a fair representation of the historical market in the neighborhood.
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