How is the Market in Fire Mountain?
Fire Mountain Market Update Comparing 2010 to 2011
| SINGLE FAMILY HOMES | 2010 | 2011 | % +/- |
| Number of Sales | 43 | 51 | +18.6% |
| Lowest Sale | 185000 | 175000 | -5.4% |
| Highest Sale | 630000 | 760000 | +20.6% |
| Average List Price | 467749 | 479756 | +2.5% |
| Average Sales Price | 450755 | 460312 | +2.1% |
| Average Square Footage List Price | 243 | 229 | -5.8% |
| Average Square Footage Sales Price | 235 | 221 | -6% |
| Number of Sales 300 – 399K | 9 | 9 | 0% |
| Number of Sales 400 – 499K | 12 | 16 | +33.3% |
| Number of Sales 500 – 599K | 13 | 9 | -30,8% |
| Number of Sales over 600K | 5 | 10 | +100% |
| Average days on Market | 55 | 102 | +85.4% |
| Bank Owned Sales | 10 | 8 | -20% |
| Short Sales | 6 | 19 | +316% |
An interesting year has passed for all single family home sales in Fire Mountain.
51 Homes changed owners in Fire Mountain, that's 18.6% more than in 2010.
The Highest sale was $760,000 and 10 home buyers paid over 600K for their new home in Fire Mountain.
Also we are seeing less bank owned sales but three times more short sales in Fire Mountain in 2011, up 316% from 2010.
The Average Sales price is up 2.1%
Homes stay longer on the market caused by all the Short Sales which usually take at least 90 days to sell, but can take up
to 1 year.
If you would like more information about homes for sale in Fire Mountain or would like help in selling your home in Fire Mountain,
one of us is always available.
Click Here for a complete list of all the homes for Sale in Fire Mountain: FIRE MOUNTAIN HOMES FOR SALE
Melia and Oliver Indra / theindras.com / 7608059336 / A Fresh Approach to Real Estate
