Stagecoach single family home sales have been solid in 2011. This year, there have been 18 sales, with 12 being REO/Bank-Owned properties. People looking to buy now will find single family home inventory is low (especially in the popular under $350,000 range), and there are NO bank-owned properties currently available for sale. In the last couple of years, 24 single family homes and 11 townhomes/condos have been foreclosed upon and sold in Stagecoach.
Bank shadow inventory and other foreclosed properties will most likely come on the market although I would be surprised if we see the volume of homes we’ve seen in 2010-2011.
The good news? Prices can only increase after the distressed inventory is cleared out, and it’s looking like it could start to happen. Here is a list of all the single family home sales in Stagecoach to date in 2011:
Stagecoach Development | Address | Status | Bedrm | Year Built (Use 4 digit) | Asking Price | Sold Price | REO Bank Owned Y/N |
Black Horse I at Stagecoach | 33455 Filly Trail | SOLD | Four | 2003 | $169,900 | $160,000 | Yes |
Black Horse I at Stagecoach | 33485 Arabian Way | SOLD | Three | 2003 | $399,000 | $350,000 | No |
Black Horse II Subdivision at Stagecoach | 33015 Colt Trail | SOLD | Three | 1987 | $349,000 | $288,000 | No |
Coyote Run Subdivision | 30225 Coyote Run | SOLD | Three Plus | 2003 | $255,000 | $265,000 | Yes |
Coyote Run Subdivision | 30450 Coyote Run Court | PENDING | Four | 2005 | $410,000 | No | |
Eagles Watch Sudivision | 31080 Fallen Falcon Trail | SOLD | Two | 1999 | $179,900 | $164,000 | Yes |
Eagles Watch Sudivision | 31135 Fallen Falcon | SOLD | Two Plus | 1993 | $246,000 | $210,000 | No |
Eagles Watch Sudivision | 31160 Broken Talon | Kick-Out | Three | 1995 | $260,000 | No | |
High Cross @ Stagecoach | 33225 Ramuda Trail | SOLD | Three | 2007 | $262,900 | $262,900 | Yes |
Horseback Subdivision | 33533 Seneca Trail | SOLD | Three | 2006 | $249,900 | $225,000 | Yes |
Meadow Green Stagecoach | 23460 Willow Island Trail | SOLD | Three | 2005 | $239,900 | $240,000 | Yes |
MiddleCreek@Stagecoach | 29765 Riffle Run | SOLD | Three | 2004 | $314,900 | $310,000 | Yes |
Morningside Subd | 32588 Ute Trail | SOLD | Three | 2002 | $146,900 | $154,500 | Yes |
Morningside Subd | 22503 Cheyenne Trl | SOLD | Three | 2004 | $189,900 | $190,100 | Yes |
Red Hawk Village At Stagecoach | 23710 Sagebrush Circle | PENDING | Three | 2006 | $195,000 | No | |
Red Hawk Village At Stagecoach | 23500 Sagebrush Circle | Kick-Out | Three | 2006 | $199,900 | No | |
Red Hawk Village At Stagecoach | 23600 Sagebrush Trl | SOLD | Three | 2006 | $214,900 | $212,500 | Yes |
Red Hawk Village At Stagecoach | 23720 Sagebrush Circle | SOLD | Three | 2006 | $224,000 | $216,000 | No |
Red Hawk Village At Stagecoach | 23700 Sagebrush Circle | SOLD | Three | 2006 | $250,000 | $250,000 | No |
South Shore Subdivision | 24055 Arapahoe Rd. | SOLD | Three Plus | 2002 | $185,000 | $172,500 | Yes |
South Shore Subdivision | 31670 Shoshone | SOLD | Four | 2000 | $289,000 | $289,000 | Yes |