Park Charleston Home Sales Report April 2016
Park Charleston home values rose less than 1% in 2015, but have come up another 2% in 2016, so current values are now only 9% lower than the market high set back in 2006
Park Charleston home values rose less than 1% in 2015, but have come up another 2% in 2016, so current values are now only 9% lower than the market high set back in 2006

When selling a home, one must understand more than just the psychology of buyer behavior, there is also the mechanics of shopping that comes into play
We have pulled and reviewed the top 20 pool homes in Tallahassee that are under $400,000 and are currently available!
Royal Oaks home sales in 2015 were the best since 2004. The one home sold through the first quarter in 2016 is merely the result of fewer homes for sale in Royal Oaks.
Southwood home values average $143 per square foot. Value growth since 2010 has been phenomenal, as Southwood is now enjoying its highest average home values ever

HGTV Ready? When a ‘real estate professional’ tells you to change your home substantially to sell it, immediately go out and get a second opinion
Arvah Branch home prices fell roughly 12% in 2015 compared to home prices in 2014, which explains why home sales activity was the second best of the past 9 years
Shannon Forest home prices are up roughly 18% over the home prices posted in 2015, a shockingly huge spike if we didn’t know the reason, but we do.
Bobbin Trace, Bobbin Mill Woods, and Bobbin Brook reported an average value of $156 per square foot, representing the 3rd consecutive year of declining home values

Can you really determine the value of a home using the 4 Cs of diamond valuation (Cut, Color, Clarity and Carat Weight)?
Chemonie Crossing home values have moved continually higher since 2012. In 2015, we saw values rise just over 3%, and thus far in 2016 they have soared
Average home values in the Glen At Golden Eagle are up nearly 9% thus far in 2016, meaning home values are now 18% higher than those reported at the market low in 2012
Buckhead had 15 homes sold in 2015, with an average sales price of $422,750. Thus far in 2016, there has been 1 home sale and it sold for $415,000
Through this writing, the average value of a home sold in Highgrove over the past year has been $120 per square foot
Camelot Park home prices in 2015 averaged $150,700, which means you can still get a single family home in Camelot Park for a price that townhouses were fetching during the market peak. Don’t expect this to last much longer.
The 21 closed home sales in Foxcroft in 2015 were the most sold in a year since 2005 when 24 homes sold, so expect fewer in 2016
I have studied how swimming pools impact home prices for many years, and what I have found is that market cycles have an impact on the difference between homes with pools and those that do not
Year over year home sales in Tallahassee grew by more than 14% in February, the second month in a row where sales in a month exceeded the same month’s sale the year prior
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