Kingsbrooke Single Family Home Report: August 2015
September seems to be going out in a wash of rain. It was unusual to see it rain so steadily and heavily as it did last night in Bristow. Right now, let's take a look back at the Kingsbrooke real estate market and see what happened to single family home values in August. As always, we will make our comparisons to last month (July 2015) and last year (August 2014.)
HOMES FOR SALE IN KINGSBROOKE
3 Listings were Active: All Regular Sales
The same number of Kingsbrooke single family homes were available to Bristow buyers when August came to a close, as there had been the previous month. However, with all of them being larger single family homes, when there was a small single family in our last month's active column, the percentage comparisons show the difference the type of homes being all large, or all small, can make. The high list price was unchanged, but the low list price was up 39% since last month. See what I mean? The average list price was up over 10% since last month and up nearly 9% since last year.
HOMES UNDER CONTRACT IN KINGSBROOKE
3 Listings were Under Contract: 2 Regular Sales, 1 Short Sale
There were three Kingsbrooke single family homes that were under contract in August, but only one in the previous month. As such, we'll be looking only at how the average from this month compares to the only value we have for last month. The average list price at time of contract was down over 17.5% since last month and down over 7.5% last year. The average marketing time took 163% longer than it did last month and was 36% shorter than it had been last year.
HOMES SOLD IN KINGSBROOKE
No Listings Sold
Since there were no Kingsbrooke single family homes that made it to the settlement table, we have nothing to compare to last month and last year. However, our next report will have some final sold prices for us to investigate.
The next Kingsbrooke Single Family Home Report will be at the end of October and will detail sales from the month of September. Until then, when you are ready to sell your Kingsbrooke home, give me a call for a free market analysis of your specific value. I've been a full-time Bristow Real Estate Agent since 2005 and can help you get the most amount of money for you Kingsbrooke home, in the shortest possible amount of time.
Feel free to join my Kingsbrooke Facebook group. It is a great place to connect with your neighbors over a variety of topics and always have access to these neighborhood property value reports.
To view the Kingsbrooke Townhouse Report for August 2015, click the link provided.
Statistics compiled using the MRIS (Metropolitan Regional Information Systems.)
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