Carolina Forest Real Estate - Spring Lake

Wednesday, October 31. 2007

Spring Lake - Carolina Forest Real Estate

As heightened numbers of buyers express an interest in Carolina Forest, the homes in Spring Lake have experienced a dramatic price appreciation! Looking at what has happened in Spring Lake in the last year you can tell why it is one of the top communities to live in. According to the Multiple Listing Service, as of August 9th 2006, 35 homes have sold since July 1st 2005 from $199,900.00 - $355,500.00 and there are currently 3 homes pending contract that were listed from $244,900.00Â - $379,000.00. There are also 17 homes currently listed for sale, priced from $249,900.00Â - $399,000.00. On June 15, 2006 the Sun News wrote that there's no bubble in the Grand Strand real estate market.Â Â In fact analyzing the numbers, Spring Lake supports this statement with the average appreciation of 19.8% over the past year. To better understand the price activity in Spring Lake we are including the following graph, which illustrates the average sold prices in the past 12 months, by quarter.

Marketing property correctly is the most vital component in a successful transaction. We stay on the edge of technology while keeping afloat with the current market conditions. We advertise both locally and nationally in popular real estate magazines such as Homes and Land and Buyers Guide. We advertise on nationally recognized web sites such as Reatlor.com, Homes.com, and ColdwellBanker.com as well as our personal web site, www.SCBeachRealEstate.com. We take visual tours of each of our listings so potential buyers can have a dynamic view of the property.

If you have any questions on this or any other community in the area please feel free to contact us.

Posted by David Willis in RE Analysis at 07:59 | Comments (0) | Trackbacks (0)

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