English Turn Home Sales and Real Estate Report – March 2011

English Turn Home Sales

Who opened the spigot in English Turn?  Active listings jumped from 22 last month to 32 this month – an almost 50% increase in the number of available properties in the last 30 days.  With an average days on market of around 6 months, sellers may want to review their new competition when deciding whether to hold on their current asking price.

Homes sold in English Turn

4 homes were sold in March, bringing the year to date number to 5 – a decline from the 8 sold at the same time last year.  However, with 4 sales pending in the community, April may pull that number up past the 2010 sales total.

Home prices in English Turn

The average English Turn home sold for $543,125 in March, bringing the year to date average to $526,500 – still almost $30k below the 2010 average, but it’s early in the year and one or two of the higher end homes can move that average around a good deal.  No foreclosures have been sold in English Turn in 2011.

Click the graphs below for a full size view

For more information about buying or selling a home in English Turn, please contact the West Bank Living Team.

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