How Did the Hartridge Subdivision Fair in 2008? Better Than The Arrowhead School District In General!

 Hartridge Subdivision 2008 Real Estate Market Review

 2008 Single Family Home Activity

 25 New Listings                                   Average List Price        $241,224

18 Homes Sold                                    Average Sales Price      $228,889

 6 Currently Active Listings                    Average List Price        $275,450

Months of Inventory Currently Available in Hartridge     4.0

 

2008 Two Family Home Activity

 7 New Listings                                     Average List Price        $265,484

 1 Home Sold                                                     Sales Price      $239,500

 3 Currently Active Listings                    Average List Price        $254,900

Months of Inventory Currently Available in Hartridge     36.14

 

2008 Condominium Activity

9 New Listings                                     Average List Price        $139,322

5 Homes Sold                                      Average Sales Price      $139,820

2 Currently Active Listings                    Average List Price        $146,150

Months of Inventory Currently Available in Hartridge     4.76

As a Shorewest Realtor^TM it is my privilege and obligation to keep you informed of current real estate trends.  While the real estate market in 2008 was a roller coaster ride, the Hartridge Subdivision faired quite nicely when compared to other subdivisions in the area.  The months of inventory in Hartridge of single family homes is less than half of the inventory levels seen in Arrowhead School District (which stands at 12 months) as a whole.  With today's interest rates you may be able to move up to a larger home with little or no change in your monthly payment.  Call me today for a no obligation analysis of your home situation and how you can take advantage of one of the best times to buy real estate in our lifetime!

*All data taken from Metro MLS as of 2/6/09