Lazybrook – October Real Estate Report

It is crazy to say, but another month has come and gone and another year is surely coming to a close. Anyhow, we continue to have an active market in Lazybrook… Our close in location, proximity to 610 and great prices are to thank for that. Let me go ahead and get on with the numbers…

Currently On The Market

Currently, to date, we have 10 properties that are Active on the market. As usual the average Lazybrook home again has 3 bedrooms and 2 bathrooms with a 2 car garage. Of the 10, on the market, two homes have 4 bedrooms

John Daugherty Realtors listing on Lazybrook Dr; Listed for $295,000.

and three have 3 bathrooms. The average square footage of those homes is 2,038 and they sit on lots that average 8,670 square feet. The current average Days On Market (DOM) is 82 days and the average price per square foot is $161.94.

Homes Pending Sale

To date, we have one home that is in contract and is pending to close sale. This particular home is located on Brookmere Drive, the street I grew up on and the street my parent’s still live on going on now 40 years. This particular home pending sale is a 4 bedrooms and has 2 full baths and 1 half bath. It boasts 2,347 square feet and sits on a 8,760 square foot corner lot and does have a pool. She is listed for $325,000 which comes out to $138.47 per square foot.

October Solds in Lazybrook

1806 Foxwood Rd sold for $204.76/square foot in just 8 days!

We closed out 3 homes in October. One of which was my listing on Foxwood Road, which I might add, sold for the highest price per square foot to date this year, $204.76. It also flew off the market in 8 days! In total, these 3 homes averaged 3 bedrooms and 1 full bath and 1 half bath with 2 car garages. They were smaller homes averaging 1,202 square feet but still sitting on great lots averaging, 8,593 square feet. They were on the market for an average of 55 days and sold for an average of $169.75

In Conclusion…

Our market does continue to remain strong and I predict that this will only continue to get better as 2009 comes to a close. We have many young, professional, couples that are looking to get closer in to town and looking for a wonderful place to raise their young families. Lazybrook is hot and will only get hotter… With the affordable prices we have in comparison to other close in neighborhoods… we will continue to be in good shape! Remember Lazybrooker’s, if you are wishing to leave us and sale your home, I’ll bet you can guess who you should call! ; )