Monday, July 27, 2009

To begin the Fox Run blog experience we thought we would start with information about Real estate activity in the subdivision so far this year. Currently there are 7 homes for SALE .Six in the MLS and 1 For Sale By Owner (FSBO). They range in price from $127,000 to $499,900. The per square foot price is $82.23 to $126.75 with the average being $99 per square foot.

There are 3 homes currently under contract or contingent. Contingent means that some recquirment of the contract has yet to be satisfied ie: home inspection, financeing etc. As soon as these are satisfied the homes will go into pending status. The listing prices are from $145,000 to $179,900. The square foot prices calculate out from $74.32 to $87.67, with an average of $83.

Since January1, 2009 two homes have sold in Fox Run. One sold for $116,500 and the other sold for $169,900. The lowest priced home was a foreclosure which dramatically affected the selling price. The square foot price were $56.25 and $89.75 with an average of $73.

Also since the first of the year three homes have been withdrawn from their listing and three homes had their listing expire without being sold.

The goal of this blog is to provide you with information about your neighborhood and to provide a forum for your voice. We encourage your participation and input about what we can do to make our neighborhood better and maintain our property value.

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