State of the Neighborhood 2015!

sunset hills photoTime to take a look at the Sunset Hills real estate numbers for 2015.  Once again we had a really busy year in our neighborhood- 35 sales in the last year and 4 currently under contract.  Those 35 homes ranged from $94,900 to $640,000 (though technically the $94,000 home was in College Park) and had a Dollar per square foot range from $57.71 a square foot (which was a foreclosure) to $175.37 per foot (on Madison).  Taking into consideration last year’s average of $120.14, even with the foreclosure we still averaged $125.30 per square foot in our neighborhood.  This is over a $5 per foot increase and also shows that our neighborhood is on the rise price wise.  The Average Days on Market also decreased from 88 days to 67 days- that’s the number of days from list until contract.  All this bodes well for all our property values- older, established neighborhoods are more popular than ever!

Take a look at the full sales report here- 2015 Sunset Hills Market Report.

2014 Reports available here- http://yourhometriad.com/sunset-hills-2014/

2013 report here- http://yourhometriad.com/sunset-hills-2013/

 

 

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