Friday, February 27, 2009

Weekly Update for the week ending February 27th



Wow! Sales are up for the week with 35 sales, up from 13 last week. Here's the breakdown of the sales:

  • 3 Condo/PUDs
  • 31 Single Family Homes
  • 1 Land listing

The three condos sales consisted of: An attached home at Cameron Row in Renwick which sold for $313,691 (interesting figure); a 3 bedroom/3 bath condo/townhouse at Oaklawn Park and Canada Park for $130,000; and a 2 bedroom/2 1/2 bath attached home at Creek's Edge which sold for $127,500.

On to the single family homes: The deal of the week went to a bi-level located in Ellettsville which sold for $50,500! With 1920 square feet, this home has 3 bedrooms and 1 1/2 baths. The high selling home of the week was 3500 square foot home in Bellvista which had a list price of $485,000 and sold for $450,000.

Here's the breakdown on selling prices for the week:

  • 4 homes sold for under $100K
  • 8 homes sold for between $100K and $140K
  • 7 homes sold between $140K and $175K
  • 3 homes sold between $175K and $225K
  • 2 homes sold between $225K and $300K
  • 4 homes sold between $300K and $400K
  • 3 homes sold for over $400K

As for new listings, 69 new properties came on the market. Here are the numbers:

  • 8 Condos/PUDs
  • 49 Single family homes
  • 1 Multi-family
  • 8 land listings
  • 3 commercial listings

The single family homes are relatively evenly divided between price ranges of : $100K to $150K; $150K to $200K; $200K to $300K.

Those are the numbers!

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