October offers up many tricks and treats! Cooler weather is a treat which allows us to enjoy the outdoors, playing a round of golf, enjoying a tennis or pickleball match, walking the loop, or entertaining friends and family in our backyard. The tricks associated with owning a home are fewer too, as interest rates have come down slightly since the Federal Reserve reduced their rate.
Seven homes sold the last 3 months from $640,000 – $925,000 (according to NEFMLS 9/24/25). Days on Market from 1-240 days. A fun fact – all homes sold in the last 3 months had pools!
The most recent sale is 10065 Deercreek Club Rd, a 2,329 sf pool home with a golf course view, sold at $697,500.
19 homes are for sale from 6 – 301 cumulative days on the market. New to the market in September:
- 9902 Windwater Ct, 4,209 sf, Listed at $1,010,000
- 7804 Rittenhouse Ln, 2,757 sf, Listed at $499,005
- 9937 Watermark Ln, 3,133 sf, Listed at $790,000
One home is under contract and is scheduled to close mid-October: 11175 Chester Lake Rd W, 3,099 sf, listed at $799,500, previously at $819,500.
Looking for a fall project? Now may be an ideal time to replace fogged glass in your windows if the windows are in good shape. Replacing glass is less expensive than replacing the entire window. You can change the look, as well as increase the energy efficiency of your home. Looking at interest rates, the Federal Reserve gave us a treat when they reduced their rate. We should not be tricked into thinking there are more rate cuts to come. If there are, great, but for now let’s enjoy the treat of a downward trend in interest rates, and hopefully, an upward trend in home sales and refinancings.