Ford’s Colony market remains hot

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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.

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