How’s The Real Estate Market in Indian Hills?

Graham & Kelly Levine February 18, 2013

Monthly update for February, 2013

How is the Real Estate Market in Indian HillsThe market continues to get hotter in Indian Hills, with sales prices trending upwards, hitting a median sales price of $230,000 on 02/11/13. More demand, and fewer homes listed, has contributed to a fairly long run of increasing prices. The Market Action Index, which tracks a buyer’s vs. a seller’s market, is showing a strong seller’s market. Homes listed for sale are taking slightly longer to sell, but prices do not need to be reduced, and most Indian Hills homes are selling within 1% of the listing price.

In the last 30 days, 15 homes have sold in Indian Hills, closing at an average price of $213,000. The average home stayed on the market 73 days before it closed escrow.

Below are the details, for all the home that have sold in Indian Hills, for the last 30 days.

7750 Lakeside Dr.                            4 bed/3 bath      1,983 sq. ft.         sold for $325,000

7440 Christine Ave.                        3 bed/2 bath      1,008 sq. ft.         sold for $175,000

7837 Green Crest Ct.                      4 bed/ 3 bath     2,063 sq. ft.         sold for $220,000

7515 Mountain Shadow Dr.         3 bed/ 3 bath     1,889 sq. ft.         sold for $220,000

7404 Font Ave.                                3 bed/ 2 bath     1,287 sq. ft.         sold for $235,000

7616 Canyon Terrace Dr.             4 bed/2 bath      1,768 sq. ft.         sold for $270,000

7359 Lakeside Dr.                           4 bed/2 bath      1,989 sq. ft.         sold for $290,000

7762 Corte Castillo                        3 bed/3 bath      2,748 sq. ft.         sold for $295,000

7755 Lakeside Dr.                          4 bed/3 bath      2,555 sq. ft.         sold for $310,000

7371 Percheron Ave.                   4 bed/2 bath      1,607 sq. ft.         sold for $320,000

4726 Laurel Ridge Dr.                 4 bed/4 bath           4,065 sq. ft.         sold for $350,000

4753 Laurel Ridge Dr.                 4 bed/3 bath      3,180 sq. ft.         sold for $395,000

4761 Eagle Ridge Ct.                    5 bed/ 4 bath     3,832 sq. ft.         sold for $427,500

4758 Eagle Ridge Ct.                    4 bed/4 bath      3,832 sq. ft.         sold for $430,000

5727 Baldwin Ave.                       4 bed/3 bath      3,350 sq. ft.         sold for $440,000

For more information on the Indian Hills housing market, real estate, and homes for sale- contact Graham and The Home Team at (951)534-9296, or email us.

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