Dunes Park Homes for Sale - January 2012 Market Stats by Jennifer Prestwich REALTOR®

A Great Dunes Park Community Feature - the Pool!

The Dunes Park Real Estate Statistics are looking encouraging. With mortgage rates at a historic low, home buyers are shopping, and they are buying in Dunes Park.

Over the past 12 months, there have been 17 homes sold:

• There were 4 non-distressed sales (not bank owned or short sale). The average price of these was $193,438, or $98 per square foot. Average Days on Market was 15.
• There were 4 short sales. Average price for short sales was $176,903, or $92 per square foot. Average Days on Market for short sales was 172.
• There were 9 bank owned or HUD owned sales. Average sold price for these was $167,888, $86 per square foot. Average Days on Market was 47.

What this means is that home buyers will pay the most for clean, well-maintained homes. They are also jumping at the homes that don't have the added stress of being a short sale.

Buyers are also jumping on the "bargain" bank owned and HUD properties. These can come with the added responsibility of purchasing appliances, re-doing floors and walls or rebuilding decks, but with time and sweat equity will likely pay off on resale.

Wondering what the most likely sales price would be for your Dunes Park home? Want to view available homes in Dunes Park? Call me today: 720-341-5235