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.
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.
Click here to link to the listing information for 141 Blue Pine Court in Bent Tree. The 3 bed, 2 bath home on Lake Tamarack hit the market a few days ago, priced at $399,900. Click the listing photo below to link to a video tour.
Click here to link to the listing information for 1802 Little Pine Mountain Road in Bent Tree. The completely redone 3 bed / 3 bath home, across the street from the Bent Tree Golf Club, is priced at $297,513.
Click here to link to the listing information for 73 Long Swamp Court in Bent Tree. The 5 bed, 3½ bath home on Lake Tamarack (priced at $565,000) has many great features including a chef’s kitchen with “commercial individual, full size, side by side freezer and refrigerator”. Click the listing photo below to link to a Virtual Tour.