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Brickyard Update – December 3rd

There have not been any closings in Brickyard since my last update, however there are currently three homes that are under contract in Brickyard, pending closing:

2650 Scarlet Oak Court $389,000
1294 Abercorn Trace $429,000
1379 Wavespray Court $375,000

Below are some stats that compare 2008 sales activity through November to the same period in 2007. As you can see, the number of homes sold is down this year by 23%. The median price is down as well, but only 2.6% from 2007. However, the average days on market is up significantly, reflective of the current market conditions we are experiencing.

2008:

  • Homes sold through November 30, 2008 – 34
  • Average Days on Market – 158
  • Median Sales Price – $375,000

2007:

  • Homes sold through November 30, 2007 – 44
  • Average Days on Market – 109
  • Median Sales Price – $384,450

Currently, there are 20 homes on the market in Brickyard. The median asking price for these homes is $437,450 and the average days on market is 214. This is down significantly from the end of November, 2007. At that time, there were 29 homes on the market in Brickyard. Below is the number of homes for sale by subsection:

Daniels Pointe – 1
Boone Grove – 1
Magnolia Grove – 1
The Preserve – 4
The Retreat – 4
Brickyard – 4
Collonade – 5

For more information on all Brickyard homes for sale, please go to www.BrickyardHomeInfo.com

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