This market snapshot for Haile Plantation comparing home sales for the second quarter of 2011 to home sales for the second quarter of 2010 shows price decreases across the board.
Sixty-two homes sold in Haile Plantation during the 2nd quarter of 2011 — four of these were short sales, and six of these were foreclosures.
This means that 16% of homes sold in Haile Plantation were foreclosures or short sales during the second quarter of 2011. This time last year, short sales & foreclosures comprised 8.3% of Haile Plantation home sales.
Inventory levels indicate we are still in a buyer’s market.
The list/sales price ratio of 94% is misleading and largely irrelevant as list/sales price ratio only compares the last list price vs. the final sales price for a property and doesn’t take into account a home’s original list price.
For example, the highest priced property which sold in Haile Plantation for the quarter sold at 63% of its original list price, while the lowest priced property which sold in Haile Plantation for the quarter sold at 54% of its original list price.
Pricing your properties too high for what the market will bear translates into a longer time on the market and can ultimately mean you will end up getting less for your home in the long run than if you had priced your home according to market conditions at the time you listed your home for sale.
Haile Plantation area homes sold by neighborhood:
Haile Plantation:
– Amelia Gardens (1)
– Benjamins Grove (1)
– Bennets Garden (1)
– Buellers Way (1)
– Charleston Park (1)
– Chickasaw Way (2)
– Colson Corner (1)
– Founders Hill (3)
– Grahams Mill (1)
– Hampstead Park (1)
– India Station (1)
– Katelyn Lane (4)
– Lexington Farms (1)
– Market Square (1)
– Middleton Green (1)
– Millington (1)
– Oakmont (1)
– Plantation Villas (2)
– Planters Grove (1)
– Sable Pointe (3)
– Spalding Place (1)
– Storeys Round (1)
– Sutherland Crossing (1)
– The Links (10)
– Victoria Circle (1)
– Village Center (1)
– Village at Haile (3)
– Westfield Commons (1)
– Whitaker Oaks (1)
Other Haile area neighborhoods
Garison Way (3)
Kenwood (3)
Stillwind (3)
Tower 24 (1)
Valwood (3)
