Real Estate News February 2022

Feb 1, 2022 | News, RE News

Welcome to February! We can celebrate Valentine’s Day and this crazy real estate market. I have several buyers looking for a home in Deercreek, yet they can’t find the right home to buy. Only one home is on the market (according to the 1/23/22 NEFAR MLS). The house at 7890 Bishop Lake Rd N is a 4 bed/3 bath house with a pool overlooking the 17th green and is listed at $650,000. Having just returned from an Open House with great interest, I anticipate the house will be under contract by the time this article is released.

7931 Vineyard Lake recently sold and closed at $975,000, after previously being Under Contract. 11191 Chester Lake Rd W, sold for $740,000. The most recent sale is 8249 Wallingford Hills Ln, which was Back on the Market after a contract fell through. Listed at $905,000, the house sold for $885,000. A total of seven homes sold over the last three months, ranging in price from $549,000 to $975,000. The seven homes ranged in size from 2,243 to 4,858 square feet, and were on the market from 3 – 134 days, and sold for an average of $217.70 per square foot.

The sales in Deercreek provide an indication of the value of your home. Even if you are not thinking about selling, it is good to know what your investment in your home is worth. Routine maintenance keeps your investment strong. February is a great time to maintain your fans and fireplaces. Replacing a fan can provide energy efficiency, as well as update a room for minimal cost. Fireplace maintenance ensures safety and better air quality for the home. What will you celebrate this month? I think I will celebrate the strong values of real estate in Deercreek, along with Valentine’s Day with my hubby!

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