This was a great question so I just wanted to update this for the last 6 months in the Blue Ridge area (6/1/13-12/11/13).
Our market has steadily improved over the last year and we have seen 116 residential homes sell in the last 6 months under $200,000. The average time on market was 122 days, but averages can be misleading. If a home is priced right and marketed correctly, we are seeing a much shorter sales cycle. I personally have had 2 listings sell within the first month of being on the market recently.
Current sold to list price under the $200,000 price point is 93.05%, but again, this is just an average and we have seen some go close to asking or above if there were multiple offers.... more
Hi there, Thanks for your question and This home is currently under construction as Judy said. Let me know if you need anything else and feel free to call/text/or email me with any questions you have. Also check out my website for current listings in our local mls system. thanks again and hope that helps.... more