August was another quiet month for Stagecoach real estate activity.
One home closed in Red Hawk Village and one went under contract on Rock Point Trail. Both homes were under $400,000.
This echos the nationwide trend of lower priced real estate selling as people take advantage of the $8000 tax credit for first time home buyers and the more affordable prices for real estate.
Three lots were sold or went under contract. Two of the lots were in Horseback which is a beautiful treed neighborhood in Stagecoach. Lots in Horseback were selling between $70,000-$80,000 just two years ago. The lots under contract were listed at $30,000, illustrating how sellers have to price their land to get noticed.
Stagecoach, Colorado Real Estate August 2009 Market Report
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Stagecoach CO RESIDENTIAL Real Estate Stats for August, 2009 |
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|
|
High |
Low |
Average |
Median |
|
List Price: |
$399,000 |
$290,000 |
$344,500 |
$344,500 |
|
Sold Price: |
$298,000 |
$298,000 |
$298,000 |
$298,000 |
| Stagecoach, CO real estate RESIDENTIAL – Sold |
| ADDRESS | Develop | Tot Sq Ft | List Price | $/Tot Sq Ft | Sold Price | $/Tot Sq Ft |
| 23520 Sagebrush Circle | Red Hawk Village At Stagecoach | 1755 | $290,000 | $165.24 | $298,000 | $169.80 |
| Stagecoach, CO real estate RESIDENTIAL – Pending |
| ADDRESS | Develop | Fin Sq Ft | LP | $/Tot Sq Ft |
| 29980 Rock Point Trail | Meadow Green Stagecoach | 1938 | $399,000 | $205.88 |
Stagecoach, CO LAND Real Estate Report for August, 2009
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Stagecoach LAND Summary Statistics |
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|
|
High |
Low |
Average |
Median |
|
List Price: |
$159,000 |
$30,000 |
$73,000 |
$30,000 |
|
Sold Price: |
$150,000 |
$150,000 |
$150,000 |
$150,000 |
| Stagecoach Colorado LAND – Sold |
| Ask Price | Acres # | Development | ADDRESS | List Price | Sold Price |
| $159,000 | 0.57 | Coyote Run | 30290 Coyote Run Ct | $159,000 | $150,000 |
| Stagecoach Colorado LAND – Pending |
| Ask Price | Acres # | Legal Desc | ADDRESS | LP |
| $30,000 | 1.23 | LOT 10 HORSEBACK | 33593 Seneca | $30,000 |
| $30,000 | 1.19 | LOT 11 HORSEBACK | tbd Seneca | $30,000 |