October starts with lower interest rates as the Federal Reserve made the expected rate cut in September. The impact should be seen shortly.

Four homes sold the last 3 months (NEFAR 9/24/24). Average Days on Market is 82 days, up from 55 days last month. The most recent sale is 10045 Chester Lake, which sold for $640,000.

Seven homes are For Sale, on the market 6-86 days, and the List Price per Sq Ft ranges from $241.97-$342.54.

  • 10343 Cypress Lakes, 2,583 sf, Listed at $625,000.
  • 8208 Hampton Lake, 2,880 sf, golf course view, Listed at $750,000.
  • 9902 Windwater Ct, 4,209 sf, pool home, Listed at $1,100,000.
  • 10060 Deercreek Club, 3,073 sf, pool home with golf course view, Listed at $799,000.
  • 8278 Persimmon Hill, 5,121 sf pool home, Listed at $1,450,000.
  • 7819 McLaurin Rd N, 4,817 sf pool home with golf course & lake view, Listed at $1,650,000.
  • 7849 Rittenhouse Ln, 3,330 sf home, Listed at $849,000.

Two homes are Under Contract and have been on the market an average of 61 days.

  • 10393 Cypress Lakes, 3,179 sf, Listed at $829,000, originally at $855,000.
  • 9912 Margate Hills, 5,158 sf, Listed at $1,400,000.

Also, 9980 Chester Lake Rd sold in a private sale to an investor and was not listed on the MLS. The home was in total disrepair and will be completely renovated.

Just as the real estate market is in transition with lower rates, Halloween and fall decorations will be going up as we transition from summer. Fall home projects may include cleaning gutters, servicing your HVAC, caulking windows, pressure washing and fall landscaping. The cooler weather encourages us to be outside more. Enjoy the many opportunities outside in an active community like Deercreek.