Towne Lake Real Estate Guide

In the month of August, Wellesley saw 2 homes be placed under contract to sell and 3 homes sell, according to FMLS.

The home that sold in Wellesley was:

• 303 Westbriar Way sold on August 31st for $276,000 which was 95.50% of its original asking price. This 4 bedroom, 2 and a half bathroom home in a cul-de-sac was on the market for 93 days.

The homes that went under contract in Wellesley were:

• 1030 Wellesley Crest Drive went under contract on August 20th. The original asking price was $354,900 for this 6 bedroom, 4 and a half bathroom home.
• 1020 Wellesley Crest Drive went under contract on August 13th. This home with 4 bedrooms and 2 and a half bathrooms was listed for $310,000.

If you would like to be kept up to date on the 2 homes that are under contract to find out their actual sales prices upon closing or if you’d like to hear when new homes in the Towne Lake community of Wellesley come on the market or are sold, use the contact form to let me know. I can send you a list via e-mail or fax whenever you’d like.

In the month of August, Summerchase saw 0 homes be placed under contract to sell and 1 home sell, according to FMLS.

The home that sold in Summerchase was:

• 2150 Summerchase Drive sold on August 23rd for $213,000 which was 94.70% of its original asking price. This 4 bedroom, 3 bathroom home was on the market for 88 days.

If you would like to be kept up to date on the 1 home that are under contract to find out its actual sales prices upon closing or if you’d like to hear when new homes in Summerchase come on the market or are sold, use the contact form to let me know. I can send you a list via e-mail or fax whenever you’d like.

In the month of August, Rose Creek saw 3 homes be placed under contract to sell and 3 homes sell, according to FMLS.

The homes that sold in Rose Creek were:

• 450 Rose Creek Place sold on August 11th for $183,000 which was 98.44% of its original asking price. This 4 bedroom, 2 and a half bathroom home in a cul-de-sac was on the market for 94 days.
• 406 Rose Creek Place sold on August 25th for $177,000 which was 98.38% of its original asking price. This 3 bedroom, 2 bathroom home was on the market for 38 days.
• 957 Rose Creek Run sold on August 29th for $169,586 which was 99.81% of its original asking price. This 4 bedroom, 3 bathroom home was on the market for 23 days.

The homes that went under contract in Rose Creek were:

• 700 Rose Creek Bluff went under contract on August 13th. The original asking price was $181,500 for this 4 bedroom, 2 bathroom home.
• 928 Rose Creek Trail went under contract on August 13th. This cul-de-sac home with 4 bedrooms and 3 and a half bathrooms was listed for $179,900.
• 393 Rose Creek Place went under contract August 28th. This home has 3 bedrooms and 2 bathrooms and was originally priced at $159,900.

If you would like to be kept up to date on the 3 homes that are under contract to find out their actual sales prices upon closing or if you’d like to hear when new homes in Rose Creek come on the market or are sold, use the contact form to let me know. I can send you a list via e-mail or fax whenever you’d like.

In the month of August, Parkview saw 2 homes be placed under contract to sell and 0 homes sell, according to FMLS.

The homes that went under contract in Parkview were:

• 208 Parkridge Drive went under contract on August 27th. The original asking price was $158,000 for this 3 bedroom, 2 bathroom ranch style home.
• 213 Parkridge Drive went under contract on August 15th. This home 3 bedroom, 2 bathroom home was originally $154,900.

If you would like to be kept up to date on the 2 homes that are under contract to find out their actual sales prices upon closing or if you’d like to hear when Parkview at Towne Lake 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 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 the month of August, Eagle Watch saw 6 homes be placed under contract to sell and 3 homes sell, according to FMLS.

The homes that sold in Eagle Watch were:

• 1025 Golf Estate Drive sold on August 14th for $335,000 which was 91.80% of its original asking price. This 5 bedroom, 3 and a half bathroom home on the 10th green was on the market for 189 days.
• 415 Beechwood Lane sold on August 11th for $284,000 which was 95.94% of its original asking price. This 4 bedroom, 2 and a half bathroom home was on the market for 128 days.
• 301 Valley Green Court sold on August 18th for $209,500 which was 93.11% of its original asking price. This home had 3 bedrooms and 2 and a half bathrooms.

The homes that went under contract in Eagle Watch were:

• 3308 Eagle Watch Drive went under contract on August 23rd. The original asking price was $389,900 for this 5 bedroom, 3 and half bathroom home on the golf course.
• 3127 Sandhurst Drive went under contract on August 27th. This home with a view of the 2nd green was originally $319,900.
• 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.
• 107 Bent Creek Drive went under contract on August 18th. The original asking price for this home was $249,900
• 625 Wedgewood Drive went under contract on August 4th. This 3 bedroom, 2 bathroom home was priced at $219,900.
• 4019 Bent Willow Lane went under contract on August 28th. The original asking price was $179,900.

If you would like to be kept up to date on the 6 homes that are under contract to find out their actual sales prices upon closing or if you’d like to hear when new homes in Eagle Watch come on the market or are sold, use the contact form to let me know. I can send you a list via e-mail or fax whenever you’d like.

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

In Towne Lake Hills North,

• 223 Morning Mist Way went under contract on August 2nd. Ths asking price was $429,900 for this 4 bedroom, 3 and a half bathroom home in The Enclave.
• 3024 Golf Crest Lane sold on August 7th for $490,000 which was 92.45% of its original asking price. This 5 bedroom, 5 and a half bathroom golf course home was on the market for 76 days.
• 3010 Golf Crest Lane sold on August 1st for $425,000 which was 80.96% of its original asking price. This 3 bedroom, 3 and a half bathroom golf course home was on the market for 55 days.

In Towne Lake Hills East,

• 427 Clubview Drive went under contract on August 9th. The original asking price was $599,900 for this 5 bedroom, 4 and half bathroom cul-de-sac home.
• 5011 Winding Hills Lane went under contract on August 8th. This home on the 15th green was originally $419,900.
• 801 Eastside Pointe went under contract August 18th. This cul-de-sac home has 4 bedrooms and 3 and a half bathrooms and was originally priced at $389,900.
• 5002 Winding Hills Lane went under contract on August 4th. The original asking price for this home was $309,500
• 511 Knoll Pointe sold on August 18th for $415,000 which was 94.31% of its original asking price. This 3 bedroom, 3 and a half bathroom golf course home on the 16th green was on the market for 68 days.

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 new homes in Towne Lake Hills come on the market or are sold, use the contact form to let me know. I can send you a list via e-mail or fax whenever you’d like.

Mortgage rates have fallen three straight weeks and five of the last six weeks. The benchmark 30 year fixed rate sits at 6.57%. This recent trend is seeing a rise in mortgage applications, according to the Mortgage Bankers Association.

Township Place is one of the three communities that makes up Towne Lake Hills South. These appreciation figures are only for Township Place and not all of Towne Lake Hills South combined.

• In 2003, 10 homes sold in Township Place
• The average list price was $199,500
• The average sales price was $195,695
• The average number of days on the market was 62
• And the percentage of sales price to original listing price was 98.09%

• In 2004, 10 homes sold in Township Place
• The average list price was $199,494
• The average sales price was $197,270
• The average number of days on the market was 50
• And the percentage of sales price to original listing price was 98.89%

• In 2005, 12 homes sold in Township Place
• The average list price was $203,516
• The average sales price was $203,687
• The average number of days on the market was 57
• And the percentage of sales price to original listing price was 100.08%

Township Place has been slowly climbing in average sales price. Between 2003 and 2004, there was a 0.8% rise in average sales price. Between 2004 and 2005 the appreciation rate was 3.2%.

You can view the average sales prices as well as other Towne Lake real estate appreciation statistics in my 3 year look at all of the Towne Lake communities.

If you would like more information on Township Place 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

• In 2003, 7 homes sold in Wellesley
• The average list price was $294,014
• The average sales price was $291,900
• The average number of days on the market was 59
• And the percentage of sales price to original listing price was 99.28%

• In 2004, 12 homes sold in Wellesley
• The average list price was $302,725
• The average sales price was $297,275
• The average number of days on the market was 55
• And the percentage of sales price to original listing price was 98.20%

• In 2005, 13 homes sold in Wellesley
• The average list price was $309,146
• The average sales price was $301,769
• The average number of days on the market was 53
• And the percentage of sales price to original listing price was 97.61%

Wellesley has been slowly climbing in average sales price. Between 2003 and 2004, there was a 1.8% rise in average sales price. Between 2004 and 2005 the appreciation rate was 1.5%.

You can view the average sales prices as well as other Towne Lake real estate appreciation statistics in my 3 year look at all of the Towne Lake communities.

If you would like more information on Wyngate 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