Ford’s Colony Market Watch – 3Q

My quarterly “Market Watch” newsletter tracks the real estate market in Ford’s Colony, aggregating home sales, sold prices, days on the market and absorption rates. Please reach out to me at deelyn@lizmoore.com if you have specific questions after reviewing these most recent numbers:

 

January-September 2018 detached closed home sales: 104

Active listings as of September 30, 2018: 70

Average months supply of inventory: 6.8

Average sold price: $512,716

Average sold to original list price: 95.4%

Average price per square foot: $155

Average days on market for under-contract homes: 86

Ford’s Colony closings per month since September, 2017:

Sept. ’17: 11

Oct. ’17: 13

Nov. ’17: 7

Dec. ’17: 3

Jan. ’18: 9

Feb. ’18: 7

March ’18: 10

April ’18: 9

May ’18: 13

June ’18: 21

July ’18: 8

Aug. ’18: 16

Sept. ’18: 12

 

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