Weekly Report

Two new listings in the Meadows this past week”

Price Address Est SF Beds Bath Story Yr Blt #Ac Mkt Time $/SqFt
519,000 27601 High Vista Dr 2686 3 3 SPLTLVL 1981 1.11 3 193
569,900 10549 Meadow Glen Wy E 4278 4 3 2 1977 0.24 1 133

Several homes went into “Pending” this past week, indicating that the market is still alive, and some were above the Investor Market price.

A home at 28136 Glenmeade went into Pending. It was a 3/3, 3,048 s.f. home that had been on the market for 55 days  and was listed at $418,000. A home at 27747 Willow Trail, a 4/3 of 3,266 s.f. built in 2004 and listed between $488,888 and $549,000 went into Pending. A home at 28475 Cerveza Ct. a 3/3 of 2736 s.f and listed at $550,000 went into Pending. And a home at 9528 Welk View, a 4/3 of 3,000 s.f  was listed at $824,900 — $868,900 went into Pending. It had been on the market for 102 days.

All in all, a very good sales week in the Meadows. While there is not predictable reason that four homes sell in one week, there is some additional pressure for Buyers to try to complete their move prior to the Christmas Holiday Season – few people want to move at that time. That is the only ration reason I can find, because the market, nationally and locally, is still very poor.