UPDATE – UNDER CONTRACT
207 Grandview Trail in Bent Tree hit the market on Friday, priced at $425,000.
At least 17 homes in Bent Tree have closed so far this year. At least 21 additional home sales were pending (as of yesterday).
UPDATE – UNDER CONTRACT
Click here to link to the listing information for 380 Fairway Drive in Bent Tree. The 3 bed / 2 bath home is listed at $264,000.
Click here to link to the listing information for 493 Starcross Lane in Bent Tree. The home has year-round mountain/lake views, a level driveway, is located on 1.36 acres near the front gate, and is priced at $375,000. UPDATE – SALE PENDING
As of yesterday afternoon, there were only three Bent Tree homes listed for sale that weren’t “under contract” or “pending”.
Here’s the explanation of a seller’s market from the Rocket Mortgage website:
A seller’s market arises when demand exceeds supply. In other words, there are many interested buyers, but the real estate inventory is low. Since there are fewer homes available, sellers are at an advantage.
In a seller’s market, homes sell faster, and buyers must compete with each other in order to score a property. These market conditions often make buyers willing to spend more on a home than they would otherwise. Therefore, sellers can raise their asking prices. Furthermore, the increased interest means that buyers rarely have the power to negotiate and are more willing to accept properties as-is.
Due to the shortage of housing, these conditions often lead to bidding wars. During bidding wars, buyers will make competing offers and drive up the price, typically above what the seller initially asked for.
Click here to link to the listing information for 896 Moss Patch Trail in Bent Tree. The 4 bed / 3 bath home hit the market a few days ago, priced at $475,000. Click the listing photo below to link to a virtual tour. UPDATE – SALE PENDING
UPDATE – SALE PENDING
Click here to link to the listing information for 220 Coachwhip Court in Bent Tree.
The 6 bed / 4 bath home, on 1.17 acres, just hit the market at $437,500.
Congratulations to the winner of the men’s 2020 Bent Tree Golf Club Championship this weekend. This was the 14th time he has won…amazing! I think 1984 was the first year he took home the trophy.