Besides the Florida-Georgia game, the first major event in November is the election. Buyers and Sellers have been waiting for the election to be over. Historically, impacts of an election on real estate have been minimal and short lived. Current statistics indicate homes for sale have been on the market longer over the past couple of years, as well as buyers have more options to choose from as the inventory has increased, even if only slightly.
Seven homes are For Sale and have been on the market 10-92 days:
- 8208 Hampton Lake, 2,880 sf, golf course view, Listed at $725,000, previously $750,000.
- 10060 Deercreek Club, 3,073 sf, pool home with golf course view, Listed at $779,000.
- 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.
- 10417 Cypress Lakes, 3,859 sf home, Listed at $1,149,000, previously $1,175,000.
- 9934 Chelsea Lake, 5,357 sf home, Listed at $1,749,000.
Two homes are Under Contract and have been on the market an average of 104 days:
- 10343 Cypress Lakes, 2,583 sf, Listed at $625,000.
- 9912 Margate Hills, 5,158 sf, Listed at $1,400,000.
Three homes sold the last 3 months (NEFAR 10/24/24). Average Days on Market is 76 days, down from 82 days last month. The most recent sale is 10393 Cypress Lakes, a 3,179 sq ft home which sold for $817,500.
The election will be over in days and we can move on to Thanksgiving. The HOA, the Club and individual homeowners will continue to make improvements to the community, and people will continue to choose Deercreek as a wonderful place to live. Count your blessings this November!