Thursday, March 31, 2011

Mesquite Grove Estates - March 2011 Update

Mesquite Grove Estates
current information and reports from March 1, 2011

Homes for Sale - 5

Short Sales - 5     Lender Owned Property - 0     Regular Sale - 0

Homes Pending - 1

Homes Sold - 2 since March 1st

Average Days on Market - 103

Average List Price - $331,950

Average Sold Price - $345,000

Yes it does say that the sold price is higher than the list price - we have some bidding wars going on - even in this market.  Mesquite Groves is unique because #1 it is a gated community and #2 it is all single story homes. 

I just rented a house in this community for my homeowners for $2,200 in 4 days - they in turn upgraded into a new build just down the street!

Just an FYI for those homeowners that can swing that 2nd mortgage - you can rent your house out in 4 days - 1 day is my record.  But to be safe you can rent your home to pay for the mortgage and then go upgrade to a newer - bigger - better home down the street at pricing that is lower than what you paid for your first home - keep it in mind. I just had 2 clients do this in March and are so happy they did!
Please email me/call me with any questions you may have on listing your current home to sell or rent it - or purchasing in Mesquite Grove Estates.

Sold@christacooper.com

480-888-5272

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