February 2017 Grayson Lakes Real Estate Market Report

In February 2017: Grayson Lakes had 10 homes listed on the market, 7 of which are still active.

None sold, but three are pending; the average days on market of the remaining active homes is 73.

The average list price per sq ft is $120.44; and homes are pending at an average of $97.47 per sq ft.

A months of inventory report shows Grayson Lakes at 4.4; Months of Inventory estimates the number of months it will take to deplete current active inventory based on the prior 12 months sales activity. This indicates that it is a seller’s market (creeping into a balanced market) in Grayson Lakes.

NOTE: due to incorrect subdivision input by agents into the MLS this data may contain a few outliers from the subdivision that may affect the data slightly.