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Thursday, March 03, 2011

Arbor Greene Market Analysis

Seven single family homes in Arbor Greene were reported sold in our local MLS year to date.  Sold prices ranged from $189,000. to $395,000. with an average sales price/sq. ft. of $89.00.  57% of the reported sales year to date were not distressed sales.  Year to date distressed sales were made up by:  Short Sales/Pre-foreclosures-29%, and REO/Foreclosure-14%.

Currently, the list prices of Arbor Greene single family homes for sale range from $179,000 to $499,000. and 31%  are distressed sales (Short Sales/Pre-foreclosures and REO/Foreclosures).

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