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Real estate in Church Hill (April)

May 14, 2015 10:10 am by

A monthly update of the real estate market in Church Hill from Jeanne Bridgforth via ChurchHillStats.com.

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MARKET COMMENTARY / April 2015

Single Family Residences

  • 15 listings were active with an average list price of $226,000
  • 19 units went under contract with an average list price of $221,000 an average of 25 days on the market.
  • 15 units closed, highest price to close was $554,900 with average sale price of $256,000 with an average of 26 days on the market.

Condos/Townhomes

  • 3 new units came to market with an average list price of $203,000
  • 4 units went under contract with an average list price of $211,900 with an average of 37 days on the market.
  • 3 units closed with an average list price of $194,000 and an average of 97 days on the market.

Notes:

  • April was incredibly brisk, with properties priced under the $300.000 mark selling in days.
  • Sales in North Church Hill were particularly impressive and per square foot values climbing.
  • Noldes’ condos continue to move strongly.
  • All the development reported here in March appears to have a hand in this impressive wave of activity.

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