Victoria Falls Market Watch/Single Family/Villa styled homes sales report summarizes the sold properties for Single Family and Villa styled homes through October, 2016. There were eight sales of single family and villa styled homes during this period. Closing Cost assistance to the buyer of $11,397 was provided in only one of the sales. We were fortunate to close on the highest sales price of $502,500 for a single family home ( Thoreau model) on Near Thicket Way. Victoria Falls Market Watch/Single Family/Villa Styled Homes Sales report summary of sold properties follows: Sold - 7202 Paperbark Ter. – List Price: $369,900 - Close Price: $369,900 – Close Date: April 29, 2016 - Seller Subsidy: $ 0 - Tax living area: 1,958 sq. ft. Days on market – 2. Sold - 13502 Autumn End Ter. – List Price:$379,900 – Close Price: 379,900 Close Date: August 5, 2016 – Seller Subsidy: $11,397 - Tax living area: 2,022 sq. ft. Days on market – 27. Sold - 7311 … [Read more...]
Victoria Falls Market Watch – Single Family and Villa Home Sales as of May, 2016
Victoria Falls Resort Club Victoria Falls Market Watch – Single Family and Villa Home sales as of May, 2016 provide a quick snapshot of the real estate market activity within the Victoria Falls Community from January, 2016 until today. A low inventory of available homes and increasing sales prices continue to define the residential real estate market across the country and in Victoria Falls. There were two Single Family Homes (SFH) closed during this period. One SFH settled at a low closed price of $455,000; another closed at a high of $475,000. In addition, one villa closed at $369,900. According to MRIS property data there was no seller’s subsidy to the buyer in any of the sales. Victoria Falls Market Watch – Single Family and Villa Home sales as of May, 2016 activity summary follows: Sold -7202 Paperbark Terrace - List Price: $369,900 - Closed Price - $369,900 - Closed Date: April 29, 2016. No seller’s subsidy to buyer. Days on Market – 2. Approximate tax living … [Read more...]
Victoria Falls Market Watch – Single Family And Villa Homes as of May, 2016
Victoria Falls Market Watch – Single Family and Villa Homes as of May, 2016 provide a quick snapshot of the real estate market activity within the Victoria Falls Community from January 2016 until today. A low inventory of available homes and increasing sales prices continue to define the residential real estate market across the country and in Victoria Falls. Currently, there is one Active Single Family home available for $524,900. One Craftsman style villa listed for $374,900. And, two Villas listed under the “Coming Soon” status in the MRIS database for $379,900 and $434,900 respectively. Victoria Falls Market Watch – Single Family and Villa Homes activity summary follows: Active -13609 Autumn End Terrace - List Price: $524,900 - Days on Market – 6. Approximate tax living area: 2,174 - $241.45 per square foot. This Thoreau model features four bedrooms, two full baths, and a half bath, fireplace and two car garage. Active -13103 Summertree Way - … [Read more...]
Victoria Falls Market Watch – Condo sales – 2016
Victoria Falls Market Watch – Condo sales - 2016 have been extremely strong! Market values continue to increase with sales prices driven by lack of inventory, increased buyer's demand, previous sales data, documented upgrades and square footage of each condo unit. MRIS Residential Stats – Analysis report compared: Condo prices when initially listed vs. Price at time of sale. The report totals indicate that the high list price was $279,900 and the sold Price was $276,400 which equates to 99.65 % of list price. Victoria Falls Market Watch – Condo sales - 2016 Contract Pending – 13601 Belle Chasse Blvd. #214 – List Price: $249,900. Close Date: 02/26/2016. This is a Fannie Mae HomePath property. This home features two bedrooms, two full baths, living room, dining room and one car garage space. Buyer pays all transfer taxes under the Homepath program. Go to www. Homepath.com - www.fanniemae.com for more information. Approximate Tax Living Area: 1,875 sq. ft. Days … [Read more...]
Victoria Falls Market Watch – 2016
Victoria Falls Market Watch - 2016 – Single Family/Villa Styled Homes (SFH) summarizes the SFH and Villa styled homes market activity for 2016. Market values continue to increase as sales prices are driven by lack of inventory, increase in demand among active senior buyers. And, local or relocating buyers who are looking to downsize to enjoy the amenities in an active adult community. The average days on the market during 2015 averaged around - 46.15 days. The most recent sale of a detached home on Doublerock Ct. went under contract within 31 days. Wow! Now, here is the latest market update regarding Single Family/Villa Styled Homes…… New to the Market - Active - 7402 Forests Edge Ct. - List Price:$499,000. This Michael Harris Thoreau model (largest) is located on the first cu-de-sac in Victoria Falls. This home features four bedrooms, three full baths and a two car garage. Tax living area: 2,259 sq. ft. Days on the market: … [Read more...]
Victoria Falls Market Watch – Condos
Victoria Falls Market Watch – Condo sales for 2015 have been extremely strong! Market values continue to increase with sales prices driven by lack of inventory, increased demand, previous sales, documented upgrades and square footage of each unit. There were thirteen condos that sold during 2015. The sold prices range from a low $212, 000 – to a high of $276,400. Average days on Market - 54.08 days! MRIS Residential Stats – Analysis report compares: Condo prices when initially listed vs. Price at time of sale. The report totals indicate that the high list price was $279,900 and the sold Price was $276,400 which equates to 99.65 % of list price. Condo Market update as of January 2016: Active – 13601 Belle Chasse Blvd. #214 – List Price: $249,900. This is a Fannie Mae HomePath property. Buyer pays all transfer taxes. Go to www. Homepath.com - www.fanniemae.com. Features include 2 bedrooms, 2 full baths, living room, dining area and one … [Read more...]
Victoria Falls Fourth Quarter Market Watch – Single Family/Villa Styled Homes
Victoria Falls Fourth Quarter Market Watch – Single Family/Villa Styled Homes (SFH) summarizes the SFH and Villa styled homes market activity within the VF Resort Community through the end of 2015. The average days on the market during the year was 46.15 days. This past summer market activity gained traction in the growing demand for SFH, villa styled homes and condos with an increase in sales prices during the year. There were thirteen closed properties in 2015. With a villa on Brooktree Ln. that sold for $260,000 and a SFH Thoreau model that closed at the highest sales price for the year at $490,000 in September. Now, to the latest data regarding Single Family/Villa Styled Homes…… Active – 13706 Autumn End Ter. – List Price: $499,000. This Michael Harris (MH) Thoreau (largest) model features four bedrooms, three full baths and two car garage. . This home was one of the original model homes built back in 2005. Tax living area: 2,200 square feet. Days on market: … [Read more...]
Victoria Falls Third Quarter Market Watch – Sold Condos
Victoria Falls Third Quarter Market Watch – Sold Condos sales this summer have been extremely strong! The market continues to look lucrative when realistically pricing your condo based on documented upgrades and square footage. During the summer there were six condos that closed from a low sales price of $212,000 to a high of $276,400. Victoria Falls Third Quarter Market Watch - Sold Condos reveals that the list prices vary significantly among all model condos. We conclude that the square footage and high list prices are the result of upgrades, e.g., kitchen, baths, and hardwood floors, etc. Now, here’s the condo update you have been waiting for…. Sold – 13801 Belle Chasse Blvd. #411 – List Price: $217,000. Sold Price: $212,000. Closed: July 29,2015. Seller Subsidy: $-0-. Days on market: 52. Approximate tax living area: 1,673 square footage. Sold – 13801 Belle Chasse #312 – List Price: $229,900. Sold Price: $227,500. Closed: July 29, 2015. … [Read more...]
Victoria Falls Third Quarter Market Watch – Condos
Victoria Falls Third Quarter Market Watch – Condos Listings this summer continue to be extremely robust with a growing inventory! The market continues to look lucrative for sellers when realistically pricing their condo conservatively based on relevant upgrades and square footage. During the summer there were five condos that closed from a low sales price of $212,000 to a high of $276,400. We have noticed the list prices vary significantly among all model condos and buildings. We conclude that the high list prices are the result of demand and upgrades, e.g., kitchens with stainless steel appliances, cabinets, ceramic tile baths, and the addition of hardwood floors. Victoria Falls Third Quarter Market Watch - Condos is provided as a courtesy from your neighborhood Realtors here at VF, we routinely monitor the VF housing market to update potential sellers/neighbors, potential buyers, sellers and other interested parties apprised on the market activity within the VF … [Read more...]
Update – Victoria Falls Third Quarter Market Watch
Update - Victoria Falls Third Quarter Market Watch – Single Family/Villa Styled Homes (SFH) summer issue summarizes the SFH and Villa styled homes market activity within the VF Resort Community through the quarter. This summer have shown a growing demand for SFH, villa styled homes and condos with an increase in sales prices during this same period. There were five Active listings and now there are only two active listing. This shows the improving market for this type of homes in VF. We’ve noticed a steady increase in the SFH close prices since our last blog in July. The recent sale of 7401 Forests Edge Ct.a SFH took over the top spot for the highest sales price at $490,000. Now, to the latest data regarding Single Family/Villa Styled Homes…… New to Market - 13202 Rabbit Chase Rd. - List Price: $359,900. This villa townhouse features three bedrooms, three full baths and attached garage. Tax living area: 1,464. Days on market - 13. New to Market - 7211 … [Read more...]
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