How’s the Longleaf Real Estate Market? Spring 2014 update

There’s still a split between the resale market and the new home market in Longleaf Village.

It’s a Buyer’s Market

… for resale homes at least.

The homes buyers have been selecting are newer and somewhat smaller than the ones still available.  They are spending more per square foot for the homes, and the homes are a few years newer.  They were built during or after the shift made by Robinshore and Tommy Williams to making fancier homes, with granite, wood, and lots of trim.

Here’s the Nitty-Gritty

Median Price: $216,950 | Year Built: 2009 | Days on Market: 6 months | Price per square foot: $135 | Size: 1,610 sqft

Selling your home soon? Here’s what it means to you

The homes still available are older, larger, and more expensive than resale homes that sold in the last 6 months. There is a 10 month supply of inventory here, so you better put time into staging your home for showings and making it easy for buyers to get inside.

If you have a home with lots of upgrades you can ask more than some of the competition, more in line with homes that sold.  If your homes is older you may need to get aggressive with pricing, or freshen it up, to catch a buyer’s eye.

Let us help you sell your home

About Kathleen Seide

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