Homes Sold & Homes for Sale Watercolor – May & June
August 9th, 2007 Categories: Real Estate News, Watercolor Living
Watercolor had very good activity as it relates to the overall market with four homes sold in June. On the low end a three bedroom, four bath, 2383 sf home sold for $1.1 million and on the high end a five bedroom, six bath, 3760 sf home sold for $1.995 million.
There were also two homes sold in Watercolor in May especially of note a five bedroom, six bath, 5100 sf home sold for $2.7 million.
Homes Sold in Watercolor – May and June
Total # of Listings 6
Lowest Price Listing $800,000
Highest Price Listing $2,700,000
Average Price $1,504,958
Avg. Price/SqFt $508
Avg. Days on Mkt 274
(Click on the graph below to enlarge)
At the beginning of July there were 153 homes for sale in Watercolor. This is a large inventory and unfortunately for Sellers and fortunately for Buyers this puts the Buyer in a stronger position.
There are some good buys out there for the Buyer amongst all the homes for sale in Watercolor. The successful Seller will have to come in at an aggressive price point and/or have a really unique home and/or location within the development.
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