Thursday, May 21, 2015

Whispering Lakes Ranch Report - Activity Starting to Pick up in April

Sales have started to pick up as of the end of April with 2 sales now on the books this year, at $117 and $121 per foot.

As of April 30th, there were 5 active listings and 2 others under contract, with the actives’ average list price at $127 per foot.  That price point is encouraging and helps to continue the upward trend we’ve been riding over the past several years.  It is imperative that sellers understand the market so they can get full value when they list their homes.  Remember, homes on the water and on other choice lots demand a premium.  Your agent can provide you with multiple comparable sales when you choose to list your home so be sure to ask for a list of them.  Make sure you see what homes have sold that are similar to yours and take a look at those that aren’t.  If you have a nicer home on a better lot, with a pool, summer kitchen or other upgrades or features, make sure you have your agent price it accordingly.

Here’s to a great summer!

Penny Brockway is a licensed Realtor and Owner of Brockway Realty, LLC, a residential brokerage operating in the League City, Friendswood and Houston areas with 15 agents.  Penny and her husband James, a broker and co-owner of the company, are proud to call Whispering Lakes Ranch home.

Originally Posted on Brockway Realty LLC's Official Blog