Pecan Grove Plantation: First Quarter Home Sales 2008

By
Real Estate Agent with Keller Williams

Statistics from 2008   1st Quarter

PECAN GROVE PLANTATION

                                                               27 Properties SOLD

 

AverageSqFt

 

 

 

Average List Price per SqFt

AverageList Price

AverageSales Price per SqFt

Average

Sale Price

 

Days

On

Market

Year Built

 

 

 

 

 

 

 

 

 

 

 

 

Avg

2349.444

 

 

 

$78.025

$183,315

$75.29

Per sq.ft

$176,890

 

67

1986

 

 

Statistics from 2007 1st Quarter

PECAN GROVE PLANTATION

 

  

                                                        38 Properties SOLD

 

Average

Sq Ft

 

 

 

Average

List Price per SqFt

Average

List Price

Average

Sales Price per SqFt

Average

Sale Price

 

Days

On Market

Year Built

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Avg

2392.605

 

 

 

   $ 70.85

$169,524

$69.14

Per sq. ft.

$165,428

 

82

1988

 

 

So, what does this mean?

FEWER  homes sold in 2008 First Quarter versus the same period last year, they have shorter Days On Market, AND they are selling for  MORE MONEY per square foot.

    This is an indicator that the most UPDATED HOMES, which sell for more per square foot, are the homes that are SELLING right now.  Those homes lacking in updates, highly desirable locations, or amenities are languishing on the market. 

 

If SELLERS are thinking of selling in the near future, do as much as possible to update your colors, flooring, and fixtures  Buyers want move-in ready.  If you are thinking of updating, call or email me for a list of the best guys for the jobs.  I keep up with the quality of work they do for other clients and I'm happy to consult or share with you.

 

 

Kimbra V

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