Apalachee Farms Communities and Apalachee River Club
Twenty-seven pre-foreclosures, two foreclosures, zero government conveyances, 21 market sales, five REO sales, 63 FMLS listings, 47 GAMLS listings
November 22, 2012
As 2012 comes to a close a look back to see how sales are going in Apalachee Farms and Apalachee River Club. Your PRO Team Stan Jones & Associates at WWW.SELLWITHAPRO.COM tracks the sales in Apalachee River Club, Apalachee Farms The Oaks, Apalachee Farms The Terraces, Apalachee Farms Riverside, Apalachee Farms Club View, Apalachee Farms Sterling Green.
This is what real estate has done in our community.
2011 - There were 27 sales in 2011 throughout our communities. Price ranges from $375,000 to $131,000.
10 sales were traditional, 2 sales in 2011 were Short Sales, 14 sales were foreclosure sales.
2012 - This year there have already been 35 sales in our communities. Price ranges from $445,000 to $140,000. 27 sales were traditional, 4 sales were Short Sales, 11 sales were foreclosure sales.
Trends are for more traditional sales. This trend will likely continue into 2013. Sellers realize home prices have stabilized. National economists now report home prices will remain stagnant for the next 7-9 years with little to no signs of prices increasing or decreasing. (*So many variables that can change home prices on a local level)
Sell/Buy strategy is one of the most popular strategy. Sellers share if they can sell their home they will make up the difference and then some on their next purchase. The home will be larger...and less expensive (relatively speaking). And most importantly the interest rates are the lowest they have been in over 50 years.
What does 2013 look like in Apalachee Farms and Apalachee River Club - Inventory levels throughout the second half of 2012 was very low. 50% fewer homes for sale than in 2011. Projections for 2013 are a slight increase in homes available for sale....however, demand will remain very high. This makes 2013 the PRIME time to sell a home. Home prices will maintain and possibly increase slightly as demand remains high and the inventory of homes is less than demand.
Since projections for the near future remains to show no signs of recovery...and home prices will remain steady or possibly increase slightly...(remember interest rates being their lowest)...now is the best time to sell a home if the goal/need to sell is within the next 6-8 years in Apalachee Farms and/or Apalachee River Club.
If there is one thing very important to learn from the real estate trends in our Dacula community it is if you plan to sell your home today is the best day in the past five years...and it appears to be the best for the next 6 - 8 years. Demand is high. Supply is low. Interest rates are low.
WWW.SELLWITHAPRO.COM is Your PRO Team!