A series of recent real estate transactions highlights a broad spectrum of market activity, with eight properties changing hands at prices ranging from $259,000 to nearly one million dollars. The sales, which total over $3.9 million, provide a snapshot of a dynamic property market with movement across various price points.
The data, provided by RealSTATs, includes sales on streets such as Jasmine Court, Blackburn Road, and Little Hollow Drive, reflecting a mix of property types and values. These transactions offer insight into current market conditions and buyer activity in the region.
Key Takeaways
- Eight property transactions were recently recorded, totaling approximately $3,903,900 in value.
- The highest sale price was $965,000 for a property on Jasmine Court, indicating strong activity in the upper market segment.
- The most accessible sale was recorded at $259,000 on Little Hollow Drive, showing opportunities for entry-level buyers.
- The median sale price for this group of transactions is $429,950, suggesting a healthy mid-range market.
High-Value Transactions Dominate Market Value
The upper end of the real estate market demonstrated significant activity, with several properties selling for more than half a million dollars. These high-value sales accounted for a substantial portion of the total transaction value, signaling confidence among buyers in the premium property segment.
Jasmine Court Property Sells for $965,000
The standout transaction was the sale of a property at 1706 Jasmine Court. Shouqiang Wang sold the residence to Nicholas and Lauren Bonino for $965,000. This sale was the highest in this series of transactions and points to a robust demand for high-end homes in desirable locations.
Properties approaching the one-million-dollar mark often feature premium amenities, larger square footage, and prime locations, attracting buyers seeking luxury and long-term value.
Blackburn Road Home Fetches $695,000
Another significant sale occurred at 600 Blackburn Road, where Stephen Perkins sold a property to Charles Schwarz Jr. and Stephanie Schwarz for $695,000. This transaction further reinforces the strength of the upper-tier market.
Sales in this price range are crucial indicators of overall market health, as they often involve buyers with strong financial standing and a positive outlook on the local economy.
Valley Brooke Court Sale Nears $600,000
Completing the top tier of recent sales, Patrick Leahy sold the property at 1608 Valley Brooke Court to Vincenzo and Stephanie Tranquillo. The final sale price was $595,000.
This sale, along with the others in this category, illustrates that the market can support a wide range of price points, catering to buyers with diverse budgets and preferences.
Transaction Data at a Glance
- Total Value of Sales: $3,903,900
- Number of Properties Sold: 8
- Average Sale Price: $487,987.50
- Median Sale Price: $429,950
- Highest Sale Price: $965,000
- Lowest Sale Price: $259,000
Data provided by RealSTATs.
A Stable Mid-Range Market
The mid-range segment of the market, typically a bellwether for family homes and move-up buyers, also showed healthy activity. Two properties sold in the $400,000s, indicating steady demand for well-positioned, moderately priced homes.
Camp Meeting Road Property Sells for $450,000
At 778 Camp Meeting Road, Shea Matthews sold a property to Lari Ruth Meyer for $450,000. This price point is often competitive, attracting a wide pool of potential buyers who are looking for a balance of space, location, and value.
The stability of this market segment is often seen by analysts as a sign of a balanced and sustainable real estate environment.
Richard Road Home Closes at $409,900
Similarly, Jonathan Eibel sold the residence at 2583 Richard Road to Deborah Allen for $409,900. This transaction falls squarely within the active mid-range, a crucial component of any healthy housing market.
These sales demonstrate that there is consistent demand for properties that are neither at the entry-level nor in the luxury tier, catering to a large demographic of established households.
Understanding Public Real Estate Records
Property transaction data, like the information provided by RealSTATs, is compiled from public records. When a property is sold, the deed is recorded with a government body, typically the county recorder's office. This information, including the buyer, seller, and sale price, becomes a matter of public record. Companies like RealSTATs aggregate this data to provide market insights for professionals and the public.
Accessible Properties Show Market Entry Points
Several transactions were recorded at more accessible price points, all under the $300,000 mark. These sales are vital for the overall health of the market, as they provide opportunities for first-time homebuyers and those seeking more affordable housing options.
The presence of sales in this range suggests that the market remains accessible to a broader range of income levels.
W. Ingomar Road Property Sells for $270,000
Nancy Ure Douglass sold the property at 1556 W. Ingomar Road to Viacheslau Kudrashou and Ivanna Matsulyk for $270,000. This sale represents a significant, yet more affordable, investment for the new homeowners.
Hunters Point and Little Hollow Drive Sales
Two other properties sold at similar price points. Michael Hope sold 2673 Hunters Point Drive to Bridget Reardon for $260,000. Close behind, Graysen Molinaro sold 206 Little Hollow Drive to Franks A Lot LLC for $259,000.
These transactions highlight the availability of entry-level properties. The sale to an LLC could also indicate investment activity, where a company purchases a property for rental purposes or for renovation and resale.
Conclusion: A Market with Broad Appeal
In summary, this collection of eight property sales paints a picture of a multifaceted and functioning real estate market. The data reveals clear activity across luxury, mid-range, and entry-level segments. From the high-value sale on Jasmine Court to the more modest transactions on Hunters Point and Little Hollow Drive, the market appears to be meeting the needs of a wide array of buyers.
The total value of nearly $4 million across just eight sales underscores the significant economic activity generated by the housing sector. This data from RealSTATs provides a valuable, transparent look into the ongoing movements that shape local communities and their economies.
