Seven Springs, PA 2010 March Resale Transfers

2010 March Transfers

B33 StoneRidge   $209,000
4106 Swiss Mtn   $204,000
8067 MeadowRidge   $230,000
3708 Swiss Mtn   $225,000

The first quarter re-sales show that 8 of the 10 transfers at Seven Springs were CASH DEALS. In other words there were no mortgages recorded against the property purchased. In theory that could mean no bank involvement, no appraisal, and possibly no title report.

It could also mean that these folks used a home equity line, cashed out stocks, inherited some money or had it stuffed in their mattress. If you are a CASH BUYER we strongly encourage you to have an appraisal contingency added to your offer.

Sales are up from the past two years where there had been only 6 transfers for the first three months. So is the average sales price, going from $285,641 in 09 to $317,000. From years gone by we can share that when we experience a winter like we just had, sales tend to jump!

There’s plenty of inventory and awesome rates. Whether you are buying or selling make sure you have a designated agent working for you to take full advantage of this market before it is gone!

If you would like to see a monthly active and sold report tailored to your specific criteria and delivered to your e-mail sign up for our Market SnapShot. It pulls information out of the West Penn MLS system. We keep a multitude of statistical information and welcome the opportunity to share our market knowledge with motivated parties.

For EVERYONE, the trick in getting relevant information pertinent to your needs is in the set up! Try going into the advanced screen to tailor the market areas YOU are interested in for buying or selling! Better yet catch up with Abe and she’ll help walk you through!


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