Real Estate

Meadowbrook Listings and Gross sales Report April 2018

Meadowbrook Faculties

Meadowbrook is zoned for these Leon County public colleges:

The next report reveals graphs of residence worth developments, residence worth developments, and residential measurement developments in Meadowbrook, and concludes with a desk of all closed residence gross sales in Meadowbrook going again to 1991.

For every of the three actual property graphs discovered beneath, you will discover the variety of closed residence gross sales for annually (crimson columns, measured on the left vertical axis), and an essential actual property statistic proven in blue (measured on the proper vertical axis).

You will need to notice that the narrative contained beneath is for gross sales by December for all earlier years, and thru the third week of April in 2018. The graphs and the closed gross sales desk shall be constantly up to date into the long run (which means bookmark this web page for those who at all times need to know the present standing of properties in Meadowbrook).

Meadowbrook Residence Costs

Common residence costs have recovered strongly over the previous few years. There was a minor slip to this point in 2018, however the causes for this are recognized beneath. Presently, the typical residence worth in Meadowbrook is $199,333.

Presently, there are six properties on the market in Meadowbrook, and 4 are already below contract. All massively marketed properties ought to promote inside days (if not quicker).

Meadowbrook Residence Values

Residence values have skyrocked to this point in 2018, although (as we report beneath) with smaller homes promoting it is having an impression on common worth per sq. foot (when all else is equal, smaller properties promote for extra {dollars} per sq. foot than do bigger ones on account of equal land, kitchen and loo prices).

Residence values are up practically 15% this 12 months versus the 2017 common and are at a brand new all-time excessive. Whereas I’m very bullish on residence values on this neighborhood, anticipate these averages to come back down a bit when the bigger properties start to promote and shut.

Show More

Leave a Reply

Pin It on Pinterest

Share This

Share this post with your friends!