September 1, 2017 Terravita Market Update
Just an FYI that your 2017 Terravita Pre-season Market Update will be hitting your mailboxes this weekend. If you don’t receive it or you prefer an electronic copy give us a call or send an email and we will get one right out to you!
Statistically speaking, August is one of the Terravita real estate markets worst months of the year. Despite that, August turned out to be a very good month for sales with 7 homes going under contract and the average price still hovering around the $240 per square foot range. I know some of you are thinking the average price figure seems a little low, but that’s is the way it is for Terravita summer sales. They will generally be some of the lowest price per foot sales of the year. Which is why I generally take all my homes that haven’t sold off of the market June 30th. But to give you a little perspective on that price per foot, the monthly average for August of 2015 was $204 per square foot!
So be optomistic for the upcoming selling season. Homes properly marketed will sell for good numbers. If you know someone thinking of selling this season let us know. We promise to make you proud!
Here are the August 2017 Terravita Real Estate Market Statistics: