February 2017 Falcon Point Estates Real Estate Market Report
In February 2017 Falcon Point Estates had 19 homes listed on the market, 14 of which are still active.
The one that sold spent an 69 days on market; the average days on market of the remaining active homes is 32.
The average list price per sq ft is $112.04 (with three outliers pushing up over the $130/sq ft range); the one home that sold this month sold at exactly what it listed for.
A months of inventory report shows Falcon Point Estates at 4.3; Months of Inventory estimates the number of months it will take to deplete current active inventory based on the prior 12 months sales activity. This indicates that it is a balanced market in Falcon Point Estates.
NOTE: due to incorrect subdivision input by agents into the MLS this data may contain a few outliers from the subdivision that may affect the data slightly.