Time to take a look at the Sunset Hills real estate numbers for 2015. Once again we had a really busy year in our neighborhood- 35 sales in the last year and 4 currently under contract. Those 35 homes ranged from $94,900 to $640,000 (though technically the $94,000 home was in College Park) and had a Dollar per square foot range from $57.71 a square foot (which was a foreclosure) to $175.37 per foot (on Madison). Taking into consideration last year’s average of $120.14, even with the foreclosure we still averaged $125.30 per square foot in our neighborhood. This is over a $5 per foot increase and also shows that our neighborhood is on the rise price wise. The Average Days on Market also decreased from 88 days to 67 days- that’s the number of days from list until contract. All this bodes well for all our property values- older, established neighborhoods are more popular than ever!
Take a look at the full sales report here- 2015 Sunset Hills Market Report.
2014 Reports available here- https://michaeldriver.com/sunset-hills-2014/
2013 report here- https://michaeldriver.com/sunset-hills-2013/