Your April market update for Timbercreek Real Estate is out! For those who aren't familiar with Timbercreek, this large and well-appointed neighborhood stretches out over the cities of Spanish Fort and Daphne.
Homes Sold in Timbercreek
First, let's start with the homes that have sold in the last 60 days. As you can see from the infographic above, there were 6 homes that sold with an average selling price of $321,903. The largest home was 4,200 square feet and the smallest was 1,833.
On average, homes sold at $119 per square foot and had an average listing to selling price ratio of 97%. This ratio means that buyers were able to receive an average of 3% reduction off of the original list price. So, Timbercreek is still in a buyer's market.
Homes on the Market in Timbercreek
Yes, there are 34 homes that are for sale here, but don't let that bother you. Timbercreek is huge with hundreds of homes. The number of homes that are for sale represents only about 5% of the total number of residences.
The largest home that's for sale is 8,814 square feet, priced at $1,026,000. The smallest home is 1,880 and is priced at $254,900.
Currently, the average Days on the Market for the properties that are available
For more details about the neighborhood and to see everything that is currently for sale, please visit the main real estate page, Homes for Sale in Timbercreek.
Whether you are buying or selling a home, I can help. Please contact me for all of your real estate needs in Timbercreek.
Jeff Nelson
IXL Real Estate – Eastern Shore
251-654-2523
jeff@livegulfshoreslocal.com
