January 2017 Falcon Point Estates Real Estate Market Report

In January 2017: Falcon Point Estates had 19 homes listed on the market, 13of which are still active.

The three that sold spent an average of 55 days on market with the longest at 133; the average days on market of the remaining active homes is 32.

The average list price per sq ft is $108.94 (there are two outliers that are brining this number down; most of the homes are over $100.00); and homes sold on an average of $111.57 per sq ft within 1-2% of their list price.

A months of inventory report shows Falcon Point Estates at 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 balanced market in Falcon Point Estates.

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.