The first home to be listed for over $1M in SCCL has become the first home to sell for over $1M. The home, a Cumberland Hall with a beautifully finished basement, sunroom, patio, large screened porch, and a lovely golf course view, listed for $1,296,000 on August 3rd and went under contract two days later. It closed on October 12th for $1,175,000.
As I noted in my posting on August 26, prices have been rising here in Sun City Carolina Lakes. Homes that are in excellent condition
and are priced right generally sell faster and often at a higher price
than those that need work. Since that posting, it seems that many folks have decided this is a great time to sell. That being said, some are now listing higher than current comps would suggest is appropriate, and are having to reduce their asking price. Yes, prices are going up, but shooting for the stars isn't always a great plan.
Currently,
one Manor home is listed at $1.1M and another Manor is listed at
$850K. There are three homes (1 Manor and 2 Summits) listed between
$749,900 and $789,000, and one Summit went under contract at a list
price of $774,900 this month.
If you'd like to get daily updates on current listings in SCCL, TreeTops, or other nearby communities, please contact me.
Remember that I'm always available to answer your real estate questions and help you in whatever way I can.
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