Kingsbrooke Townhouse Report: October 2015

Kingsbrooke Townhouse Report:  October 2015

If you have been wondering what the fall market may be like to sell a Kingsbrooke townhouse, this is just the ticket.  It is time for another Kingsbrooke Townhouse Report.  This one will cover what happened in the month of October.  As usual, we'll make comparisons to last month (September 2015) and last year (October 2014.)

TOWNHOUSES FOR SALE IN KINGSBROOKE

2 Listings were Active:  1 Regular Sale, 1 Short Sale

Unlike September where the month ended with six Kingsbrooke townhouses for sale, October ended with only two townhouses available to Bristow buyers.  The high list price was down a little over 2% since last month and the low list price was up over 13%.  The average list price was down over 3.5% since last month and down only slightly over 2% since last year.  As always, the best idea of market value is going to be found in the sold column where you found out the final price that buyer and seller agreed to be acceptable.

TOWNHOUSES UNDER CONTRACT IN KINGSBROOKE

No Listings were Under Contract

There were no Kingsbroooke townhouses under contract when October came a close.  That leads us straight to the sold column.

TOWNHOUSES SOLD IN KINGSBROOKE

3 Listings Sold:  All Regular Sales

There were three Kingsbrooke townhouses that made it to settlement in October.  The high sold price was 6% higher than it had been last month and high marketing time was 2% shorter.  The low sold price was nearly 28% higher than it had been last month and low marketing time was 133% longer.  The average sold price was nearly 14% higher than it had been last month and was nearly 3.5% higher than last year.  When it came to average marketing time, it was 29% longer than it had been in September and 70% longer than it had been last October.

The next Kingsbrooke Townhouse Report will be out at the end of December and will detail sales from the month of November.  Until then, if you are thinking of selling your Kingsbrooke townhouse, give me a call for a free market analysis of your home's specific value in today's market.  I've been a full-time Bristow Real Estate Agent since 2005, and a Short Sale Agent since 2007.  No matter what your equity position, I can get your Kingsbrooke townhouse sold for the highest possible price, in the shortest period of time.

And don't forget to join Kingsbrooke's Facebook group.  It is a great place to connect with neighbors and always have access to neighborhood property value reports.

Statistics compiled using the MRIS (Metropolitan Regional Information Systems.)

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To view the Kingsbrooke Single Family Home Report for October 2015, click the link provided.