Q1 experienced 5 properties trading with an average price per foot of $539. Prices ranged from $1.334M to $2.15M. The high mark is represented by two golf course homes trading off-market, reportedly for $1.975M & $2.150M. Including these two properties, the average Q1 price jumped 38% from the previous year. The premium golf course community location coupled with an increased demand for larger properties is evident, as 4 of the 5 properties trading were 3,000+ sq. ft. A record winter has led to increased area visitors during a time traditionally considered the non-peak season. With the Schaffer’s Mill golf course slated to open in mid-May, a new release of developer homesite offerings coming Memorial Day, anticipation builds for the upcoming season. Consumers will have opportunities to get involved with ample time to move in by summer.
Q1 – 2016 Schaffer’s Mill Q1 – 2017
2 Total Homes Transacted 5
$1,272,500 Average Price Sold $1,756,800
$486 Average Price Per Sq. Ft $539
2 Total Homes Transacted 5
$1,272,500 Average Price Sold $1,756,800
$486 Average Price Per Sq. Ft $539