Real Estate Recap

Jan 1, 2024

January 2024 is here! Happy New Year!

What changes will the new year hold for Deercreek real estate? Mortgage interest rates declined slightly in December. Will Buyers jump in to purchase? Will prices hold steady? Will more houses come on the market? These options and more could occur, or not at all. For now, here’s a recap of the activity in Deercreek.

Five homes sold the last three months, priced from $735,000-$1,940,000 and on the market 5-115 days. The most recent sale closing is 7921 McLaurin Rd, 3,744 sq ft with a pool and screened lanai overlooking the 9th fairway. It sold for $845,000, after being Listed at $899,000.

Six homes are For Sale (12/21/23 NEFMLS) and have been on the market from 1-95 days. Several have undergone one or more price reductions:

  • 8252 Bay Tree, 3,041 sq ft, currently Listed at $799,000
  • 8019 Weatherby, 3,901 sq ft, Listed at $850,000, previously $899,000
  • 10036 Watermark, 3,169 sq ft, Listed at $739,900, previously $750,000;
  • 10064 Heather Lake Ct, 2,151 sq ft, Listed at $570,000, previously $575,000.
  • 11151 Chester Lake, 3,517 sq ft, Listed at $859,000.10063 Heather Lake Ct, 2,344 sq ft, newly Listed at $607,400.

The vacant lot at 10378 Cypress Lakes Dr is Back on the Market and priced at $325,000.

8342 Amherst Hills is the only home Under Contract. It is 2,984 sq ft, Listed at $697,500 (previously at $715,000) and on the market 177 days.

The new year presents opportunities to set goals for the year. Establish a maintenance checklist for your home, and include monthly, quarterly and annual goals. Tune up your home like you would tune up a car. Your home will stay in better condition, and ongoing maintenance may prevent costly repairs at a later time.

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