WL: Homes Sold: Thru 11/30/09
| Item |
2006 |
2007 |
2008 |
2009* |
| Homes Sold |
47 |
30 |
16 |
17 (+/-)* |
| Avg. Sq Ft |
2,091 |
2,358 |
2,434 |
2,098* |
| Avg. $/Sq Ft |
$160 |
$174 |
$173 |
$145* |
| Avg. Lot Size |
0.76 |
0.77 |
1.12 |
0.97* |
| Avg. Price |
$334,560 |
$410,292 |
$421,082 |
$303,455* |
*Projections from sales thru 12/01/09.
Size of Homes Sold: Average Sq Ft has
declined by 16% this year, this is more than national averages by a
factor of three.
WL Inventory For Sale: In terms of raw
numbers are
triple what was once considered normal. Months of
Supply stands at 62.3.
Jump To Lot Closings
Nature of Active Home Listings
Median Price: Approximately half
of WL residential listings are priced at $399K or less, (the
median). There are 85 residential listings in all.
$/Sq Ft: The range of active listings is
approximately $56 - $286/Sq Ft as indicated below. In the past
60 days, a number of price decreases have drained the $176-$200/SF
category, and inflated the listings in lower brackets. The
number of homes for sale greater than $200/SF has remained fairly
stable.
| List Price - $/Sq Ft |
# Homes Listed |
| Less Than $150/Sq Ft |
20 |
| $151 - $175/Sq Ft |
21 |
| $176 - $200/Sq Ft |
9 |
| Greater Than $200/Sq Ft |
19 |
Methodology: Villas, Mountainside, and The Lodge were
included in total closings, but excluded from calculations for
average sq ft, average lot size, and $/sq ft.
Wolf Laurel Best Buys:
MLS displays and full photos of all homes at WL listed at $150/Sq Ft
or less. As Of 12/28/09.
Complete Wolf Laurel Listings: All homes currently listed with
basic data and single photo displays. Contact us for detailed
info. As of: 12/28/09
Homes Closed at Wolf Laurel,
(PDF): House by house, since 01/01/08 with features, $/Sq Ft,
lot size,
etc. Last Update: 12/01/09.
WL Homes Closed Over $500K,
(PDF): Organizing this market segment from 2006 to present
according to traits of homes
that have closed, location, lot size, $/Sq Ft, etc. Last Update:
12/01/09.
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WL: Lots Closed Through 11/30/09
| Item |
2006 |
2007 |
2008 |
2009* |
| Lots Sold |
153 |
40 |
8 |
7 (+/-) |
| Avg. Size |
tbd |
tbd |
0.71 |
0.78 |
| Avg. $/Acre |
tbd |
tbd |
57,950 |
50,450 |
*Projections based on sales through 12/01/09
Current Months of Supply stands at 111.9,
which is large decline in recent months. This is not due to
increases in demand, but rather to lots expiring, or withdrawn from
the market.
WL Lots Currently For Sale: Data and single photo displays of
all lots for sale: As Of: 12/28/09
Lots Closed at Wolf Laurel, (PDF):
Piece by piece from 01/01/08 with salient features. Last
Update: 12/01/09
Old Wolf Laurel Charts Here.
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Data Source: Regional MLS, deemed reliable, not guaranteed.
Copyright, Black Bear Realty, Inc, all rights
reserved. Reproduction, redistribution in any form, even for non
commercial purposes, must be done with permission and attribution.
Contact:
Info@BlackBearRE.com
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