Currently there are only 31 Active Single Family Homes Listed for Sale in Porter Ranch community North of Rinaldi, East of Tampa which can be referred to as Older Porter Ranch. There are currently 26 Homes In Escrow. The inventory breaks down as such:
----------- ACTIVE---March ESCROW - April ESCROW
400K-500K - - - 0 - - - -0 - - - - - - - - - - 0
501K-600K - - - 7 - - - - 3 - - - - - - - - - - - 2
601K-700K - - -11 - - - - 5 - - - - - - - - - - 4
701K-800K - - - 4 - - - - 3 - - - - - - - - - - - 8
801K-900K - - - 6 - - - - 1 - - - - - - - - - - - 0
901K-1MIL - - - 1 - - - - 0 - - - - - - - - - - -0
Over 1MIL - - - 2 - - - - 0 - - - - - - - - - - - 0
The past 7 closed sales had an original list price of $726K with a Sale Price of $695K, the average Sq Ft was 2405 with 39 days on the market. The 19 homes in escrow had an original list price of $728,500 with a reduced list price of $689,500, average Sq Ft was 2297 with 76 days on the market. Market trends are showing that the properties once priced in the $800K level are down in the $700K level and so forth. The good news is property is still selling, interest rates are good and there is alot of opportunity. Call me on my cell at 818.438.2684 to discuss your next real estate move or log on to http://www.porterranchhomeseller.com/ for more area facts.
No comments:
Post a Comment