Neighborhood Update 5/5/09

The usual winter selling frenzy has come to a close in Alston Court. There is just one house left on the market. That home is 114 Shropshire, listed at $125,000. Another home, 117 Alston Circle, was listed at $138,900 until today, when it was withdrawn from MLS.

This year’s trend is following last year’s. There was minimal market activity in Alston Court two summers ago, then things started to heat up over the winter with several listings, the listings sold in the spring of 2008, and the summer had minimal activity again. Last fall several homes came on the market, some sold by spring, some rented, and now we are again down to just one home for sale.

Two  homes have closed in the last 90 days, both of them in March. Average price per square foot between the two of them was $103.50.

What will this summer hold? If you are thinking of selling your home this may be the perfect time to go for it. The last two summers indicate your competition will be at the beach.

Call me if I can help… 843.870.0890.

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