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Kimbra Valachovic

Pecan Grove Plantation: First Quarter Home Sales 2008

Statistics from 2008 1st Quarter

PECAN GROVE PLANTATION

27 Properties SOLD

AverageSqFt

Average List Price per SqFt

AverageList Price

AverageSales Price per SqFt

Average

Sale Price

Days

On

Market

Year Built

Avg

2349.444

$78.025

$183,315

$75.29

Per sq.ft

$176,890

67

1986

Statistics from 2007 1st Quarter

PECAN GROVE PLANTATION

38 Properties SOLD

Average

Sq Ft

Average

List Price per SqFt

Average

List Price

Average

Sales Price per SqFt

Average

Sale Price

Days

On Market

Year Built

Avg

2392.605

$ 70.85

$169,524

$69.14

Per sq. ft.

$165,428

82

1988

So, what does this mean?

FEWER homes sold in 2008 First Quarter versus the same period last year, they have shorter Days On Market, AND they are selling for MORE MONEY per square foot.

This is an indicator that the most UPDATED HOMES, which sell for more per square foot, are the homes that are SELLING right now. Those homes lacking in updates, highly desirable locations, or amenities are languishing on the market.

If SELLERS are thinking of selling in the near future, do as much as possible to update your colors, flooring, and fixtures Buyers want move-in ready. If you are thinking of updating, call or email me for a list of the best guys for the jobs. I keep up with the quality of work they do for other clients and I'm happy to consult or share with you.


Kimbra V