Towne Lake Real Estate Guide

There are currently 24 houses for sale in the Towne Lake community of Deer Run. The lowest is priced at $218,900 and the highest at $368,000. Let’s take a look at what sold in Deer Run in the 2nd quarter of 2007.

April - 2 Sales with an average price of $243,750 and an average of 33 days on the market.
May - 7 Sales with an average price of $261,613 and an average of 57 days on the market.
June - 8 Sales with an average price of $233,190 and an average of 65 days on the market.

As I posted yesterday, Cherokee County is slow at updating tax records, so these numbers could fluctuate a little bit as more records are added to the system. If that happens, I will update this post. If you would like more detailed Deer Run real estate statistics, send me an e-mail.

In the month of August, Deer Run saw 5 homes be placed under contract to sell and 3 homes sell, according to FMLS.

The homes that sold in Deer Run were:

• 505 Old Field Cove sold on August 15th for $292,000 which was 99.01% of its original asking price. This 4 bedroom, 3 and a half bathroom cul-de-sac home was on the market for 14 days.
• 4213 Mocassin Trail sold on August 3rd for $245,000 which was 96.11% of its original asking price. This 4 bedroom, 2 and a half bathroom home was on the market for 77 days.
• 214 Beaver Creek Lane sold on August 16th for $209,000 which was 87.26% of its original asking price. This home had 4 bedrooms and 3 and a half bathrooms and was on the market for 128 days.

The homes that went under contract in Deer Run were:

• 702 Standing Turkey Court went under contract on August 16th. The original asking price was $289,900 for this 5 bedroom, 3 and half bathroom home.
• 7056 Hunters Ridge went under contract on August 3rd. This home 4 bedroom, 3 and a half bathroom home was originally $284,900.
• 1313 Cobblestone Lane went under contract August 7th. This home has 4 bedrooms and 2 and a half bathrooms and was originally priced at $257,900.
• 8031 Ridgevalley went under contract on August 4th. The original asking price for this home was $279,900
• 4243 Mocassin Trail went under contract on August 29th. This 4 bedroom, 2 and a half bathroom home was priced at $244,900.
• 4231 Mocassin Trail went under contract on August 1st. The original asking price for this 4 bedroom, 2 and a half bathroom home was $219,900.

If you would like to be kept up to date on the 5 homes that are under contract to find out their actual sales prices upon closing or if you’d like to hear when Deer Run real estate events occur, use the contact form to let me know. I can send you a list via e-mail or fax whenever you’d like.

• In 2003, 65 homes sold in Deer Run
• The average list price was $216,931
• The average sales price was $213,819
• The average number of days on the market was 60
• And the percentage of sales price to original listing price was 98.57%

• In 2004, 73 homes sold in Deer Run
• The average list price was $225,569
• The average sales price was $221,763
• The average number of days on the market was 48
• And the percentage of sales price to original listing price was 98.31%

• In 2005, 76 homes sold in Deer Run
• The average list price was $240,301
• The average sales price was $236,501
• The average number of days on the market was 55
• And the percentage of sales price to original listing price was 98.42%

Deer Run has been seeing some steady appreciation over the past two years. From ‘03 to ‘04 sales prices grew by 3.7% and between 2004 and 2005 sales price growth was 6.64%.

If you would like more information on Deer Run or Towne Lake Real Estate, in general, please call me at any time or use the contact form to find many ways to reach me.

Knox Bardeen
(678) 471-7612

I posted this Deer Run foreclosure on one of my other real estate blogs Cherokee Real Estate Blog. Check out the post there or use the contact form to reach me.

4268 Moccasin Trail is another new listing in the Deer Run subdivision. It boasts lots of hardwoods and an upstairs bonus room.

• 4 Bedrooms
• 2 Full Bathrooms and 1 Half Bathrooms
• 2 Car Garage
• Asking Price: $219,900

If you would like more information on this home or if you would like to take a look inside, please use the contact page to find many ways to get in touch with me.

Sold - See Comments

Here’s a new listing in Deer Run. It’s located at 822 Honey Springs Drive.

• 4 Bedrooms
• 2 Full Bathrooms and 1 Half Bathrooms
• Full Partially Finished Basement
• 2 Car Garage
• Asking Price: $224,900

If you would like more information about this house or if you would like to tour the home, please contact me at any time.

Here’s another new listing in the Deer Run Subdivision. This one is at 114 Bear Cave Trail.

• 3 Bedrooms
• 2 Full Bathrooms and 2 Half Bathrooms
• Full Finished Basement
• 2 Car Garage
• Asking Price: $262,000

If you would like more information about this house or if you would like to tour the home, please contact me at any time.

I found this new listing in the Deer Run subdivision of Towne Lake. This one is at 4265 Moccasin Trail and has a very nice and private deck in the back yard.

• 4 Bedrooms
• 2 and a Half Bathrooms
• Full Unfinished Basement
• 2 Car Garage
• Asking Price: $249,900

If you would like more information about this house or if you would like to tour the home, please contact me at any time.

It’s been an active year in the Deer Run Subdivision. I’ve pulled some basic sales figures for the last 365 days (8/29/2004 - 8/29/2005) and come up with the following info:

If you would like more information on the Deer Run Subdivision in Towne Lake or information on the current value of your home, please use the Contact Us form to find a number of ways to communicate with us.