Post details: The Real Estate Market- Bancroft & Area (part 4)

05/02/11

Permalink 09:44:30 am, by Jody Email , 1113 words, 171 views   English (CA)
Categories: Thoughts on Real Estate, Real Estate in Bancroft and Area, Real Estate Outside of Bancroft and Area

The Real Estate Market- Bancroft & Area (part 4)

44/ vintage cottage.

Listed 9 October 2010 for $183,000 sold November 8 2010 for $179,000 (I’m not sure why this one came up on my search of entries from January 1, 2011.

45/ Waterfront Year Round 4 bedroom.

Listed for $239,900 on 16 August 2010 and sold for $232,000 on 7 Feb 2011. Appears to have been sold in 6 months for 97% of asking price. Further investigation shows that this property was also listed 15 May 09 for $299,000 and 28 Jan 2010 for $249,000 but those listings both expired. So it actually took 21 months for a sale and it went for 78% of the original asking price.

46/ waterfront cottage.

Listed 5 Nov 2010 for $239,900 and sold 8 April 2011 for $235,000- appears to be 5 months to sell for 98% of asking price. This property was also listed 11 Feb 07 for $275,000 and 22 April 2010 for $279,900 so really, it took more like 12 months to sell for 84% of the original list price.

47/ 3 bedroom home

Listed 7 Feb 2011 for $269,900 and sold 7 March 2011 for $265,000. It looks like it took a month to sell for 98% of asking price. This property was also listed in January 27, 2010 for $289,900 and in July of 2010 for $275,900- so in reality it actually took about 13 months to sell for about 91% of the original list price.

48/ waterfront home.

Listed 3 Dec 2010 for $309,900 and sold 18 January 2011 for $302,500. Only 6 weeks to sell at 97% of list price.

49/ single family home.

Listed 19 Jan 2011 for $88,900 and sold 25 Feb 2011 for $75,000 or about 84% of asking price.

50/ small home on almost an acre

Listed 17 January 2011 for $156,900 and sold 31 Mach 2011 for $146,000- appears to have taken 2 ½ months to sell for 93% of asking price. This property was also listed May 2010 for $159,900 but expired- so it actually took 13 months to sell at 91% of the original list price.

51/ home on just under an acre

Listed 24 October for $169,000 and sold 20 April 2011- 6 months on the market and sold for 97 ½ % of asking price

52/ home on 50 Acres

Listed 06 Dec 2010 for $197,500 and sold 23 Feb 2011 for $170,000. On the market for 2 ½ months and sold at 86% of list price.

53/ Home on 94 acres

Listed 27 Feb 2011 for $319,900 and sold 04 April 2011 for $295,000- appears to have been on the market for 5 weeks and sold for 92% of asking price. This property was also listed March 29, 2010 for $329,900 and 10 Sept 2010 for $319,900- so it actually took a year to sell for 89% of the original asking price.

54/ 8.2 acres vacant land

Listed 21 March 2011 for $39,900 and sold 7 April 2011 for $35,000- on the market about 2 weeks, it sold for 87% of asking price.

55/ 2 bedroom bungalow on about ½ acre

Listed 22 January 2011 for $149,000 and sold 08 April 2011 for $135,000- on the market about 2 ½ months and sold for 90% of asking price. This property was also listed May 4, 2008 and that listing was cancelled. Not sure how to calculate how long this property was truly exposed to the market.

56/ 145 Acres- vacant land

Listed 21 Oct 2010 for $125,000 and sold 14 January 2011 for $120,000- 3 months on the market and sold for 96% of asking price.

57/ Home on about 31 acres

Listed 18 March 2011 for $169,000 and sold 08 April 2011 for $160,000- 2 ½ weeks on the market and sold for 95% of asking price.

58/ Home on 5.7 acres

Listed 18 Nov 2010 for $214,900 and sold 22 April 2011 for $208,000. Appears to have been 5 months on the market and to have sold for 97% of asking price. This property was also listed 18 June 08 for $219,000 and 11 Nov 2009 for $219,900 and June 1 2010 for $214,900- so it was actually on the market 34 months and sold for 94% of the original asking price.

59/ Home on 2.64 acres.

Listed 22 March 2011 for $145,000 and sold 11 April 2011 for $138,500. Appears to have been n the market 3 weeks and to have sold for 96% of asking price. This property was also listed June 12, 2009 for $169,900 and April 28, 2010 for $149,900- so the property was actually exposed to the market for 22 months and sold for 81% of the original asking price.

60/ Home on 2.5 acres

Listed 11 March 2011 for $169,900 and sold 16 April 2011 for $168,000. This property was also listed June of 2006 for $169,900 but that listing had expired.

61/ Home on 2.75 acres

Listed 28 Sept 2010 for $249,900 and sold 10 Feb 2011 for $248,000. This property also sold in 2003 for $210,000 and 2004 for $210,000 and in 2006 for $220,000.

62/ Lakefront home needs TLC

Listed 15 March 2011 for $65,900 and sold 24 March 2011 for $68,100. This property sold in 1 week at 103% of asking price. It had been listed back on 10 August 2000 for $67,900 but that listing expired.

63/ Bungalow on just under an acre

Listed 01 Mar 2011 for $115,900 and sold 18 March 2011 for $114,000- appears to have been on the market for 2 weeks and to have sold for 98% of asking price. This property was also listed 29 Jun 2010 for $138,000 and 30 Sept 2010 for $129,900 but those listings expired. So, the house was actually on the market for about 9 months and sold for 82 1/2 % of the original listing price.

64/ 2 Bedroom bungalow on ¾ of an acre

Listed 10 May 2010 for $117,000 and sold 25 March 2010 for $105,000. On the market for 10 months, it sold for 89% of asking price.

65/ Vacant lot about 2/3 of an acre

Listed 29 Sept 2010 for $10,500 and sold 09 Feb 2011 for $9,900 or 90% of asking price

66/ 6.45 acre lot with small storage building

Listed 15 March 2001 for $39,900 and sold 14 April 2011 for $32,000- listed 1 month and sold for 80% of asking price- this property was also listed 5 October 1999 at $19,900 but that listing expired.

67/ 53.48 acres- vacant land

Listed 22 October 2010 for $42,900 and sold 30 Dec 2010 for $30,000. On the market for 2 months, it sold for 70% of asking price.

68/ 2 bedroom bungalow on just under ½ acre

Listed 07 Jan 2011 for $169,000 and sold 16 March 2011 for $164,900- listed for just over 2 months and sold for 97% of asking price. This property was also listed as a vacant lot in 2002 & 2003 but expired... in 2005 it was listed for $220,000 but that listing was cancelled.

69/ two bedroom on 1.3 acre

Listed 12 August 2010 for $178,500 and sold 04 Feb 2011 for $173,500. Appears to have been on the market for 6 months and to have sold for 97% of listing price. This property was on the market in 05/06/07 for $217,900 but those listings expired.

70/ 3 bedroom on just over an acre

Listed 20 Jan 2011 for $299,900 and sold 02 Feb 2011 for $290,000- on the market 2 weeks, it sold for 97% of asking price.

71/ 5 bedroom- in town

Listed 30 Nov 2010 for $159,000 and sold 30 March 2010 for $146,592. This listing was on the market for 4 months and sold for 91% of asking price.

72/ 4 bedroom in town

Listed 20 March 2011 for $159,900 and sold 15 April 2011 for $150,000. On the market for just under a month, it sold for 93% of listing price.

73/ in town, 3 bedroom bungalow

Listed 02 March 2011 for $164,900 and sold 15 April 2011 for $148,500. In 5 weeks, this property sold for 90% of asking price.

74/ In town, small 1 bedroom

Listed 6 Jan 2011 for $79,900 and sold 4 Feb 2011 for $75,000. In one month it sold for 94% of asking price. This property was also listed 18 March 2008 for $82,000 but that listing expired.

75/ older 3 bedroom in town

Listed 3 Feb 2011 for $87,500 and sold 7 March 2011 for $82,500. This property was being sold by a financial company- it was listed a month and sold for 93% of asking price. It had been purchased in 2009 for $89,900. It has been listed 19 July 2010 for $99,900.

76/ 3 bedroom in town

Listed 21 Jan 2011 for $126,000 sold 12 Feb 2011 for $126,000. Sold in two weeks for full price... what’s interesting is that there were never any photos of this property posted, no room measurements and only 11 words used in the listing description.

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Jody

Welcome and thanks for visiting the blog of Jody Didier, real estate agent, mom, and general all around Bancroftian! This blog contains her thoughts on being a real estate agent, real estate information in general, and occasional rants and raves about life in general...

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