Real Estate News

Real Estate News

Jan 1, 2021

Happy New Year! The start of the new year always brings the promise of new beginnings. This year is no different. Most people are excited to see 2020 fade into the background because of the challenges. In the Deercreek real estate market, 2020 was actually a very good year. Current inventory in Deercreek remains low as only 7 homes are on the market. The homes range from $389,900 (10075 Amherst Hills) to $859,000 (9938 Deercreek Club) and have been on the market between 2 and 89 days. The homes are priced between $150.17 and $222.31 per square foot. The newest home on the market is 9919 Vineyard Lake Ln, priced at $489,000. Prices continue to rise in the community due to limited homes, yet the real increase comes from homes being updated and well maintained. Four homes are currently under contract – 10088 Heather Lake, 10109 Vineyard Lake, 9937 Margate Hills, and 8205 Bay Tree. 11 homes have sold over the last 3 months, according to the 12/17/20 NEFAR MLS. These homes sold were on the market from 2 – 87 days and ranged in price from $472,000 (9950 Blakeford Mill) – $780,000 (10276 Cypress Lakes). The most recent sale was 8203 Ashworth Ct which closed with a full price offer of $560,000. 2021 holds much promise. First and foremost, it is not 2020. Second, I believe the real estate market will continue to thrive in Deercreek, at least through the first half of the year. Here’s to great Health, increased Wealth and much Happiness to you and your family in the new year!