November 2019 Real Estate Update

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By Lisa Hughley, Classic Luxury Real Estate

Freeport is the hot spot to purchase real estate! There have been 427 Detached Single Family Home Sales this past year ranging from $50,000.00 to $890,000.00! The average sale in Freeport is $301,510.00, selling at an average of 99% of list price with 2143 square feet and $142.60 per square foot and only 72 days on the market!

Let’s take a look at the area by subdivision:

Hammock Bay
There are currently 32 active listings ranging from $210,900 with 1384 sq. ft. to $450,000 with 3781 sq. ft.

The average listing is $336,840. with 2286 sq. ft. at $152.29 per sq. ft. and 75 days on the market. There are currently 39 pending sales ranging from $211,880 with 1384 sq. ft. to $578,776 with 4225 sq. ft.! The average pending sale is $364,566 with 2400 sq. ft., priced at $153.41 per sq. ft. and going under contract within 33 days on the market!

There have been 187 “solds” within the past year ranging from $185,000 with 1320 sq. ft. to $594,958 with 4225 sq. ft.!

The average sale has been $315,019 at 99% of list price with 2268 sq. ft. and $140.20 per sq. ft. and 60 days on the market!

Bay Grove
There have been 4 sales ranging from $354,000 to $630,000. The average sale is $474,667 at 94% of list price with 2152 sq. ft. and at $239.86 per sq. ft.!
Bay Harbour

There have been 3 sales ranging from $335,000 to $479,500! The average sale is $425,592 with 2413 sq. ft. and $177.66 per sq. ft. and 38 days on the market!

Bear Creek
There have been 5 sales ranging from $343,500 to $399,000! The average sale is $378,480 at 98% of list price with 2275 sq. ft. at $167.31 per sq. ft. and 245 days on the market.

Brandon Oaks
There have been 8 sales ranging from $207,500 to $240,000! The average sale is $228,675 at 96% of list price with 1730 sq. ft. and selling at $132.77 per sq. ft. and 115 days on the market.

Buxton’s Mill
There have been 2 sales ranging from $380,080 with 2444 sq. ft. to $433,900 with 2609 sq. ft.!

Canopies of Freeport
There have been 4 sales ranging from $205,000 to $360,100. The average home sold at $250,025 at 99% of list price with 1778 sq. ft. at $143,28 per sq. ft. and 52 days on the market!

Cross Creek Estates
There have been 24 sales ranging from $206,715 to $275,445! The average sale has been $230,528 at 1.01% of list price with 1833 sq. ft. and at $126.09 per sq. ft. and 77 days on the market!

Emerald Shores
There have been 2 sales ranging from $270,000 with 2016 sq. ft. to $450,000 with 1980 sq. ft.!

Forest Shores
There have been 2 sales ranging from $280,000 with 1800 sq. ft. to $585,000 with 3193 sq. ft.!

Indian Bay
There have 2 sales ranging from $201,000 with 2409 sq. ft. to $382,500 with 2793 sq. ft.!

Lafayette Creek
There have been 45 sales ranging from $201,550 to $274,294! The average sale is $233,419 at 100% of list price with 1834 sq. ft. and $127.78 per sq. ft. and only 22 days on the market!

Lagrange Landing
There have been 2 sales ranging from $205,000 to $241,000 with the average sale being $228,100 at 97% of list price and 1729 sq. ft. at 132,71 per sq. ft. and only 22 days on the market!

Lagrange Shores
Highest sale so far for 2019!

There has been one sale at $890,000.00. The property was situated on a Bay front lot and had 2814 sq. ft.!

Lake Sharon Estates
There have been 2 sales ranging from $331,300 with 2199 sq. ft. to $332,500 with 1928 sq. ft.!

Magnolia Landing
There have been 2 sales ranging from $229,000 with 1288 sq. ft. to $237,600 with 1440 sq. ft.!

Marina Village
There have been 21 sales ranging from $276,045 with 1763 sq. ft. to $335,902 with 2369 sq. ft.! The average sale is $304,074 at 100% of list price with 2018 sq. ft. at $151.03 per sq. ft. and 150 days on the market!

Magnolia Baye
There have been 3 sales ranging from $77,500 with 640 sq. ft. to $194,500 with 1392 sq. ft.! The average sale is $145,667 with 1088 sq. ft. and selling at 93% of list price!

Prospect Park
There have been 3 sales ranging from $260,000 with 1714 sq. ft., $260,000 with 1557 sq. ft., and $275,000 with 1718 sq. ft.!

The Canopies
There have been 2 sales ranging from $220,000 with 1517 sq. ft. to $255,000 with 1737 sq. ft.!

Twin Oaks
There have been 2 sales at a wide range.The first is $275,000 with 1660 sq. ft., built in 1966 with 300 ft. of waterfront and the second at $525,000 with 1311 sq. ft. and built in 1998 with 100 ft. of waterfront!

Waterview Cove
There have been 5 sales ranging from $252,000 to $720,000! The average sale is $403,000 at 97% of list with 2216 sq. ft. and at $177.43 per sq. ft. with 65 days on the market!

Windswept Estates
There have been 22 sales ranging from $278,000 with 2127 sq. ft. to $650,000 with 4988 sq. ft.! The average sale is $349,673 at 97% of list price with 2764 sq. ft. and at $127.19 per sq. ft. and 120 days on the market!

If you are contemplating placing your home on the market, now is the time to do so! The inventory is low and the interest rates have been lowered for the third time this year! It is a prime time to get the most for your property and I would love to have the opportunity to talk with you!

Feel free to call or text if you have any questions!

All information is deemed reliable, but not guaranteed. All information has been gathered via the local MLS.