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Old Forge Crossing Sales in 2011

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Sales in Old Forge Crossing for 2011 amounted to 15 homes being sold through realtors on the MLS. 10 of these were one bedroom units which on average were on the market for 109 days and achieved a price of $155 per sq foot. Five two bedroom units sold of which one was a town home and these took slightly longer to sell being on the market for 124 days on average, however they achieved a price of $188 per sq foot on average.

Fifteen homes being sold over the year is not very many in Old Forge Crossing and sales only picked up once the development renewed it's FHA approved status allowing buyers to use FHA financing. Several sales were either of estates, or distressed sales pushing prices down in the development overall, however bear in mind that prices in the region have decreased and Chesterbrook has also suffered during this recession with a drop in prices which has challenged Old Forge Crossing prices.

For a complete list of sales for 2010 and 2011 please go to www.OldForgeCrossing.com.

Posted Tuesday Jan 03