I’ve got some good news for homeowners in Longleaf. The market for “resale” homes has finally balanced out. That means the demand for homes and the inventory are in harmony – it is a Balanced Market.
There is a huge range in sold prices over the last year, because the homes here have a lot of variety in their appointments.
Some homes here are small and others are large and luxurious, so it takes a more through comparison to know what a particular home is worth.
Want a current list of homes for sale in Longleaf? Just email us
Re-Sale Homes in Longleaf
Homes in Longleaf that have already been lived in sell for less than the brand new homes, by about 20%. Over the last year 31 homes sold. About 1 in 5 was a short sale, and only 1 was a foreclosure.
Asking prices are just a bit above sold prices, but ranged from a high of $381,000 to a low of $160,000.
Re-sale homes: Price per Square Foot Comparison
|Median $/Sqft||$115||Median $/Sqft||$112|
|Highest $/Sqft||$150||Highest $/Sqft||$144|
|Lowest $/Sqft||$77||Lowest $/Sqft||$79|
New Homes in Longleaf
The construction crews are busy in Longleaf, building over a dozen new homes. Robinshore or Tommy Williams are building all the homes in Longleaf.
There are just a few “spec homes” that would be ready to move into quickly but many of the homes are custom-built for the new owners.
|Median $/Sqft||$134||Median $/Sqft||$139|
|Highest $/Sqft||$160||Highest $/Sqft||$165|
|Lowest $/Sqft||$92||Lowest $/Sqft||$106|