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: 2.
- Withdrawn: 01/20/2016 – 13706 Autumn End Ter.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: 119.
- Closed: 01/29/2016 – 7402 Doublerock – List Price: $460,000. Close Price: $455,000. Buyers Subsidy: -$0-. This Michael Harris home (MH) is an Austen model. The smallest of the three models offered at that time. This detached home features an open floor plan, wall to wall carpet, open floor plan, three bedrooms, two full baths and a half, and a two car garage. Tax living area: 1,988 sq. ft. Days on market: 31.
Victoria Falls Market Watch – 2016 – provides an overview of the real estate market in the Victoria Falls community. If you are looking to relocate to the Laurel area and looking for a home in Victoria Falls or other 55+ communities in Prince Georges, Howard or Anne Arundel counties – Give us a call at 301-483-8073. Or, complete a contact form located on our website. We will respond within 24 hours!
