Stonegate Neighborhood Sales Stats October 2015 versus October 2014
I wanted to show you what October 2014 looked like when compared to October 2015. The Stonegate neighborhood sales stats are shocking.
The average sale price for October 2014 was $374,241 versus October 2015 average sales price of $430,446. This is up 13.97%
The average asking price for October 2014 was $378,247 versus October 2015 at $447,900. This is up 16.87%
The average above ground price per square foot in October 2014 was $159.60 versus October 2015 at $191.09. This is up 17.96%
For years Stonegate has been sitting around the $120 to $150 per above ground sqft. For years I’ve been telling people the home prices in Stonegate were way under valued compared to other neighborhoods. Some say this is a bubble. I say “no way.” We have corrected back to normal values and we are now where the homes should be valued compared to other homes in the area.
Homes that back up to busy streets, have bad lots or a lot of deferred maintenance might sell at or below the $150 per sqft mark but most should not.
If you have any questions about the October sales numbers please feel free to call me at 303-941-4663.