Spring Home Surge Continues
We’ve seen the World Golf Village housing market really take off in the past few months as Spring has settled in and the winter months are finished for the year. There are homes being sold at a blistering pace coupled with rising house prices. While relatively modest, the increase in avg. sale price per home is pointing to a more seller-friendly market that will benefit anyone looking to sell their house in the next few months.
Lots Of Activity
One of the biggest hallmarks of the Spring home rush is the large amount of houses that are sold once winter finishes. In April there were 78 listings sold, which is a high mark for the year! This is almost double the 46 homes we saw sold in December. We are expecting this to tail off a little bit, but to continue strong into the summer months of June, July, and August.
Slight Increase In Sales Prices
We saw a 1% increase in the average sales price in April compared to March. This comes out to an increase of $600. While not a huge amount, it is showing an upward trend which points to a market that may be more friendly for sellers. As the buyer activity continues strong, we may see a decrease in the available inventory which will lead to a larger increase in sales price.