Market statistics through the first three quarters of 2021 show peak demand for homes in Ford’s Colony continues, at a benefit to home sellers.
Of the year’s 162 closed sales so far (through Sept. 30), the average time on the market was just 24.8 days, with an eventual sold-to-original list price at 99.5 percent.
Other numbers of note:
Average sold price through Sept. 30: $631,615
Average price per square foot: $173
Average month’s supply of inventory: 1.1
By contrast, Governor’s Land saw 51 closed sales through September, at an average price of $837,335. Colonial Heritage had 57 closed sales, averaging $447,672 per transaction.
Please contact me if you are considering a move in this unique marketplace.