Wilds Plantation sits to the south west of SW 24th Ave and SW 91st Street.
The development was established in 2002 with the very first home closing in 2003 at $525,000 for 3,284 sq ft. Approximately 63 homes sold in Wilds since its conception. The highest priced home sold for $980,000 for 4,038 sq ft.
Homes For Sale
As of this report, there are four luxury homes for sale.
They range in price from $519,000 to $899,000. These homes were built between 2004 and 2008 with the sizes between 3,219 to 4,952 square feet. They have been on the market an average of 381 days. Two of these homes are builder-owned.
One Lucky Fellow
There is one lucky fellow in this area. Their home is under contract waiting to close, or should I say waiting to be finished, since it is builder-owned now. They are asking $611,650, showing the built year as 2010, and it is 3,677 sq ft, making it a $166 per sq foot asking price.
Homes Sold since January 2009
There were 11 closings in Wilds Plantation for all of 2009. The prices ranged from $409,000 to $715,000. The average square foot price was $173 and the average days on the market was 164. These homes were built between 2003 to 2010 and generally were larger homes.
In this particular report the sold homes ranged from 2,451 square feet to a whopping 4,020.
Looking at the sold properties for 2009 in this luxury homes neighborhood, we see the price per square foot staying within a small margin of change rather than a constant decrease in sales prices. To me this is one more sign that the market is stabilizing, at least for the moment.
We will see what 2010 has in store for us!