14 homes are available for sale right now in this section of the market. They average almost 2,000 sqft and were first offered at $310,000 but have been reduced to an average of $301,000 in the 107 days they have been on the market. About half of them are 3 bedroom and half are 4 bedroom, but most have 2 baths.
3 homes have sold so far this year, with an average asking price of $388,000 and an average sale price of $330,000 ($128/sqft). One home for sale was in poor condition and I believe it is skewing this number – it is in The Preserve and sold for $89/sqft.
Our examination of market conditions in Haile Plantation is broken into quarters, based on home size.
There are 20 homes for sale that are 2,700 sqft or larger.
Traditionally larger, more expensive homes take longer to sell. In the past, 4 to 5 months was a normal time-frame to expect. In 2006 that dipped down to 3 months and so far in 2009 the average has been just over 6 months.
This neighborhood is beautiful, and most people aren’t in a hurry to leave. If homes are priced at today’s market rates they don’t take long to sell, but if they are overpriced buyers will let them sit on the market for months waiting for prices to come down.
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