Dana Estates Market Report – May 2015

Here is the May 2015 Market Summary for the Dana Estates Neighborhood. We’d like to keep residents and potential buyers/sellers in the loop with the recent real estate market.

See below for a market report of Dana Estates in May 2015.

Currently Active Properties*
Number of Houses Active	Average List Price	Average Days On Market
7	$ 499,679	23

Pending Properties*
Number of Houses Pending	Average List Price	Average Days On Market
2	$ 512,450	11

Sold Properties
Number of                Houses Sold	Average List Price	Average Sale Price	Avg. Sale Price/ Avg. List Price	Average Days On Market
2	$ 564,444	$ 577,500	102.31%	17.5

As you can see, a number of houses in this area have been purchased or are currently being considered for purchase by investors and home buyers. Of those properties that have closed their sales this month, the sale price has been considerably higher than the list price, which shows a high demand for property in this area.

In addition, the average time that these houses are on the market is short–just over two weeks–so if you are considering buying or selling your home, contact The Maclennan Team as soon as possible so that you can take the next steps in buying your house before it’s too late!

*As of 6/29/2015