Victory Lakes Single Family Home Report: September 2014
There is something special about this time of year, mid-Autumn in the days leading up to Halloween. The rustling of the dead leaves in a chilly breeze seems to build a bit of a spooky ambiance. While we're waiting for Halloween, do Victory Lakes home owners have anything to be scared of in the real estate market? We'll figure that out in this edition of the Victory Lakes Single Family Home Report, focusing on sales from September. We will make our comparisons to last month (August 2014) and last year (September 2013.)
HOMES FOR SALE IN VICTORY LAKES
12 Listings were Active: All Regular Sales
The Victory Lakes single family home market is definitely holding some inventory. Buyer demand in Bristow has waned in price ranges above $400,000. When September ended, there was one more available single family home for sale in Victory Lakes than there had been in August. The high and low list prices were down over 3% since last month. The average list price was down slightly over 4% since last month, but was up 3% since last year. It is important to remember that list prices are suggestions. True market value can only be found in the sold column.
HOMES UNDER CONTRACT IN VICTORY LAKES
1 Listing was Under Contract: A Regular Sale
There was one Victory Lakes single family home under contract when September ended. That's one more than there had been at the end of August. Since there was only one home under contract, we'll just take that value and compare it to last year's average. The increase is over 1.5% year to year. And when comparing the marketing time, it has gotten 47% longer since last year.
HOMES SOLD IN VICTORY LAKES
No Listings Sold
Unlike August where there were five Victory Lakes single family homes sold, none made it to the settlement table in September. Unfortunately, that means we'll need to wait until the next Victory Lakes Single Family Home Report to investigate the trends.
The next Victory Lakes Single Family Home Report also be out in November and will detail sales from the month of October. Until then, if you want to investigate your home’s worth in today’s market, give me a call for a free market analysis. I’ve been a full-time Bristow Real Estate Agent since 2005. I can get the most money in the shortest amount of time for your Victory Lakes home.
And if you want to track values of your Victory Lakes homes on a regular basis join my Victory Lakes Facebook Group specifically put together for that purpose. Feel free to start any other neighborhood conversation you like there. It is great when neighbors have a forum to speak with each other.
To see the Victory Lakes Townhouse Report for September 2014, click the link provided.
Statistics compiled by Chris Ann Cleland, using the MRIS (Metropolitan Regional Information Systems.)
Comments(2)