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Today, let's take a look at the October market report for a nice subdivision in the Cedar Bluff area. Foxboro subdivision is off of Piney Grove Church Road, which makes it convenient to shopping, restaurants, and commuting. A closed neighborhood, which means it is very family friendly.
Currently, there are 4 active properties on the market. During October there were 2 closed sales, giving us an absorption rate of 2.0.

Average list price: $202,175
Most expensive listing: $234,900
Least expensive listing: $184,900
Average closed price: $196,700
While this neighborhood remained relatively stagnant in sales for several months this year, closed sales have picked up these past two months. Please don't confuse Foxboro subdivision with Foxboro Drive when doing a basic search!
If you are interested in Foxboro subdivision, please feel free to contact me with any questions. I am happy to help!
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