Updated Lakehurst Statistics
Posted by Lee Cameron on Tuesday, August 10th, 2010 at 10:13am.
Lakehurst is one of those wonderful Casselberry communities that I love to talk about. With a great location right on Lake Howell, beautiful grounds and a slew of amenities, this gated community is one of the best around.
In the last three months, Lakehurst has had 3 homes go on the market with an average listing price of $301,433. These homes are 4-5 bedrooms with 2-4 bathrooms, with an average square footage of 2,661. One of these homes is bank-owned and another is a shortsale.
Now let's take a look at how Lakehurst has done in the market over the past 12 months.
- Over the past year, 5 homes have been sold in Lakehurst.
- The listing prices of these homes ranged from $304,500 to $550,000 with an average listing price of $342,918.
- The final sold prices for these homes ranged from $270,000 to $400,000 with an average sold price of $326,200.
- None of these homes were bank owner or short sales.
- One interesting note: all 5 of these homes were sold since February of this year.
I've talked about Lakehurst before. As I mentioned in my previous blog, Lakehurst is a difficult neighborhood to compare properties in because of the enormous difference between the value between homes on Lake Howell and those that aren't lakefront. For this blog, none of the properties I compared are lakefront properties. For comparison, there is one property currently listed for sale that is on Lake Howell. The listing price is $929,500.
Lakehurst has had a tough couple of years. From August of 2008 to August of 2009, only one home was sold in Lakehurst. In the last twelve months, all five of the homes sold in Lakehurst were sold after February of this year. What that tells us is that Lakehurst may have finally found the sweet spot. The homes that are currently listed are all priced to sell and, as those five sold homes since February shows us, people are starting to be interested in what they see. Lakehurst is a great community that is finally starting to bounce back from the rough market. Now is definitely the time to buy.
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