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Year End 2009 Market Report
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Where does the time go? We are are already in 2010! I want to thank you for your support and confidence which made 2009 another good year for me.
I hope you will find these figures interesting, showing the sales activity in Homestead Willows, Homestead Farm, and Homestead Farm II, most of which are recorded in the Multiple Listing Service. I have included any FSBOs I knew about. If you have any questions, please, as always feel free to contact me.
Using weighted averaging, I have calculated the appreciation of home values in all of Homestead for 2009 to be 0%. The total average sales price of single family homes in Homestead was up almost 6% from 2008 to 2009. The reason for this is because more of the less expensive models and less of the more expensive models sold in 2008, thus skewing the total average sales price figures down for 2008. In 2009 the spread of sales prices was more even. Super remodeling, additions, and updating brought prices up, including 7 record high sales prices for individual models in 2009. However this was counter-balanced by many very low price sales, including several short sales and foreclosures. The average inventory of homes for sale in all of Homestead in 2009 went up slightly to 16, as opposed to 13 in 2008 & 2007. Interest rates currently are at 5.0% (30 year fixed rate, conforming, 0+1), the same as this time in 2009. |
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According to my calculations in Homestead, we've seen appreciation of approximately:
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1981 |
1982 |
1983 |
1984 |
1985 |
1986 |
1987 |
1988 |
1989 |
1990 |
1991 |
1992 |
1993 |
1994 |
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13% |
12% |
0% |
1% |
-1% |
0% |
-1% |
0% |
-1% |
5% |
5% |
10% |
12% |
11% |
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1995 |
1996 |
1997 |
1998 |
1999 |
2000 |
2001 |
2002 |
2003 |
2004 |
2005 |
2006 |
2007 |
2008 |
2009 |
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1% |
3% |
4% |
10% |
12% |
14% |
11% |
2% |
0% |
5% |
5% |
3% |
7% |
2% |
0% |
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If you are considering a move, or know of anyone who is, please call me. ReMAX continued in 2009 to sell more homes in Homestead than any other company. The last 5 years I also personally helped 3 times more Homestead homeowners sell their homes than any of my competitors. I promise you the best professional service available. With our market share, selling strategies, corporate relocation contacts, and my expertise in Homestead, I sincerely believe I can help you obtain the highest price for your home in the shortest amount of time. |
Click here to view HOMESTEAD homes
(This is only a partial reproduction of the year end 2009 market report.
For a full copy by mail please free free to contact me.)
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SANFORD HOMES RECORDED IN MULTIPLE LISTING SERVICE 1 - Average Sales Price 2 - Low-High Sales Price 3 - Number Reported Sold
| MODEL |
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2004 |
2005 |
2006 |
2007 |
2008 |
2009 |
| Wolcott |
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| 3 Bedroom |
1 |
$273,333 |
$303,175 |
$317,643 |
$309,000 |
$307,429 |
$353,000 |
| 1742-1786 Sq.Ft. |
2 |
$250,000-$295,000 |
$270,000-$317,900 |
$305,000- $341,000 |
$295,000-$325,000 |
$285,000- |
$353,000- $353,000 |
| $323,500 |
| 4 Level |
3 |
3 Sold |
8 Sold |
7 Sold |
4 Sold |
7 Sold |
1 Sold |
| Stockton |
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| 3 Bedroom |
1 |
$291,360 |
$316,714 |
$294,125 |
$339,975 |
$343,111 |
$324,180 |
| 1749-1769 Sq.Ft. |
2 |
$255,000-$324,900 |
$265,100- $340,000 |
$278,500- $331,000 |
$300,000-$424,900 |
$300,000-$385,000 |
$265,000- $404,900 |
| 2 Story |
3 |
10 Sold |
7 Sold |
4 Sold |
4 Sold |
9 Sold |
5 Sold |
| Westbury |
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| 3 Bedroom |
1 |
$311,500 |
$373,025 |
$413,567 |
$330,000 |
$412,250 |
$426,800 |
| 1962 Sq.Ft. |
2 |
$294,500-$326,000 |
$334,500- $425,000 |
$325,000- $568,000 |
$330,000-$330,000 |
$326,500-$637,500 |
$327,000- $641,000 |
| 4 Level |
3 |
5 Sold |
4 Sold |
6 Sold |
1 Sold |
4 Sold |
5 Sold |
| Mill Valley |
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| 3 Bedroom |
1 |
$298,500 |
$304,633 |
0 |
$445,750 |
0 |
$345,000 |
| 1994 Sq.Ft. |
2 |
$268,000-$329,000 |
$292,000- $322,000 |
0 |
$377,500- |
0 |
$345,000- $345,000 |
| $514,000 |
| 4 Level |
3 |
2 Sold |
3 Sold |
0 Sold |
2 Sold |
0 Sold |
1 Sold |
| Huntington |
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| 4 Bedroom |
1 |
$314,167 |
$405,000 |
$359,250 |
$430,375 |
$353,250 |
$365,280 |
| 2074 Sq.Ft. |
2 |
$297,500-$340,000 |
$405,000- $405,000 |
$295,000- $412,000 |
$355,000-$489,000 |
$331,500-$375,000 |
$328,400- $407,000 |
| 2 Story |
3 |
3 Sold |
1 Sold |
4 Sold |
4 Sold |
2 Sold |
5 Sold |
| Berkshire |
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| 4 Bedroom |
1 |
$332,500 |
$328,800 |
$336,583 |
$444,500 |
$383,633 |
$370,000 |
| 2450 Sq.Ft. |
2 |
$290,000-$375,000 |
$290,000- $366,000 |
$265,000- $403,000 |
$406,500-$482,500 |
$365,900-$405,000 |
$370,000- $370,000 |
| Ranch |
3 |
2 Sold |
5 Sold |
6 Sold |
2 Sold |
3 Sold |
1 Sold |
| Middleton |
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| 3 Bedroom |
1 |
$454,000 |
$365,250 |
$501,250 |
$467,870 |
$513,900 |
$443,200 |
| 2246 Sq.Ft. |
2 |
$410,000-$499,000 |
$307,500- $400,000 |
$382,500- $620,000 |
$410,000-$515,000 |
$460,000-$602,000 |
$384,000- $522,000 |
| 2 Story |
3 |
2 Sold |
6 Sold |
2 Sold |
5 Sold |
5 Sold |
5 Sold |
| Barrytown |
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| 4 Bedroom |
1 |
$365,292 |
$364,026 |
$422,363 |
$425,125 |
$439,905 |
$412,210 |
| 2151-2207 Sq.Ft. |
2 |
$316,500-$435,000 |
$295,000- $403,000 |
$374,900- $488,000 |
$368,000-$490,000 |
$365,000-$520,000 |
$314,250- $527,000 |
| 2 Story |
3 |
13 Sold |
9 Sold |
8 Sold |
8 Sold |
8 Sold |
5 Sold |
| Middleton |
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| 4 Bedroom |
1 |
$388,800 |
$408,000 |
$417,333 |
0 |
0 |
$570,500 |
| 2344 Sq.Ft. |
2 |
$315,000-$435,000 |
$345,000- $451,000 |
$395,000- 444,000 |
0 |
0 |
$499,000- $623,000 |
| 2 Story |
3 |
5 Sold |
3 Sold |
3 Sold |
0 Sold |
0 Sold |
4 Sold |
| Livingston |
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| 4 Bedroom |
1 |
$457,450 |
$382,700 |
$426,400 |
$402,450 |
$425,000 |
$529,000 |
| 2422-2441 Sq.Ft. |
2 |
$414,900-$500,000 |
$353,100- $415,000 |
$363,000- $475,000 |
$380,000-$424,900 |
$425,000-$425,000 |
$529,000- $529,000 |
| 4 Level |
3 |
2 Sold |
3 Sold |
5 Sold |
2 Sold |
1 Sold |
1 Sold |
| Hamilton |
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| 4 Bedroom |
1 |
$389,656 |
$423,916 |
$435,307 |
$492,091 |
$522,300 |
$442,106 |
| 2422-2460 Sq.Ft. |
2 |
$290,000-$475,000 |
$320,000- $505,000 |
$350,000- $539,000 |
$405,000-$580,000 |
$455,000-$590,000 |
$370,000- $500,000 |
| 2 Story |
3 |
17 Sold |
19 Sold |
14 Sold |
11 Sold |
5 Sold |
7 Sold |
| Berkshire II |
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| 4 Bedroom |
1 |
$383,433 |
$388,000 |
$389,500 |
$390,000 |
$465,000 |
$376,000 |
| 2800-2890 Sq.Ft. |
2 |
$364,800-$396,000 |
$388,000- $388,000 |
$389,000- $390,000 |
$390,000-$390,000 |
$465,000-$465,000 |
$376,000- $376,000 |
| Ranch |
3 |
3 Sold |
1 Sold |
2 Sold |
1 Sold |
1 Sold |
1 Sold |
| Benedict |
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| 5 Bedroom |
1 |
$410,000 |
$458,250 |
0 |
$404,333 |
$420,833 |
$456,505 |
| 2433-2490 Sq.Ft. |
2 |
$380,000-$440,000 |
$452,500- $464,000 |
0 |
$375,000-$438,000 |
$412,500-$430,000 |
$376,010- $537,000 |
| 2 Story |
3 |
2 Sold |
2 Sold |
0 Sold |
3 Sold |
3 Sold |
2 Sold |
| Putnam |
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| 5 Bedroom |
1 |
$378,850 |
$443,686 |
$361,625 |
$500,333 |
$412,500 |
$525,970 |
| 2552-2623 Sq.Ft. |
2 |
$354,900-$395,000 |
$392,000- $575,000 |
$338,000- $400,000 |
$425,000-$605,000 |
$412,500-$412,500 |
$524,000- $527,940 |
| 2 Story |
3 |
4 Sold |
7 Sold |
4 Sold |
6 Sold |
1 Sold |
2 Sold |
| Manor House |
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| 4 Bedroom |
1 |
$549,167 |
$540,500 |
$577,500 |
$632,300 |
$692,000 |
$721,000 |
| 2819-2950 Sq.Ft. |
2 |
$465,000-$642,500 |
$496,500- $578,000 |
$530,000- $625,000 |
$604,600-$660,000 |
$684,000-$700,000 |
$621,500- $875,000 |
| 2 Story |
3 |
3 Sold |
4 Sold |
2 Sold |
2 Sold |
2 Sold |
3 Sold |
| TOTAL |
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| 1 |
$365,390 |
$384,926 |
$396,688 |
$441,014 |
$419,522 |
$444,501 |
| |
2 |
$250,000-$642,500 |
$265,000- $578,000 |
$265,000- $625,000 |
$295,000-$660,000 |
$285,000-$700,000 |
$265,000- $875,000 |
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3 |
76 Sold |
82 Sold |
67 Sold |
55 Sold |
51 Sold |
48 Sold | | |
