Tight supply continued in 1st quarter

Ford’s Colony Homes sold Jan-March 2022

Statistics for the first quarter of 2022 show 27 closed home sales in Ford’s Colony — at an average sold-to-list price of 101.5 percent. Last year during the first quarter, 30 sales closed at a 98.3 percent sold-to-list price.

  • The average sold price was $681,594. That is dramatically greater than the average of $619,417 for the first quarter last year.
  • Average days on the market — 25 (29 1st Q 2021)
  • Average price per square foot — $194 ($166 1st Q 2021)
  • Average month’s supply of inventory — 0.6

At the end of March, there were only seven active listings in Ford’s Colony. Clearly, it remains a great time to sell your home if you are considering a move.