Thursday, April 03, 2014

All cash sales still strong in Meadow Pointe single family home sales

Meadow Pointe Pool & Clubhouse ©Russ Perlowski 

First quarter Meadow Pointe single family home sales show the average sales price increased from $181,855 last year to $217,010 this year.  The average sales price/square foot (heated) increased from $85.42 to $91.65.

All cash sales continued to be strong.  Last year first quarter all cash sales made up 41% of the reported single family home sales in Meadow Pointe and this year they made up 46%.  Distressed sales (Short Sales + REO/Foreclosures) continued to make up about a third of the reported sales in Meadow Pointe.

Currently there are over 30 single family homes listed for sale in our MLS with an average list price of $262,453 and average List Price/Sq. Ft. (heated) of $103.60.

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