The 2008 selling season was tough on home owners in Locust Curve.
All the indicators from sales to price were at their lowest point of the past five years. Where will 2009 lead us? Depends on whom you talk to.
The sun rises over Locust Curve’s Pond earlier this winter. Photo by Toby Boyce, All Rights Reserved
Looking back at 2008
- Number of listings sold: 17, -26% compared to 2007
- Average Sales Price: $156,021, -11%
- List Price Per Square Foot: $86, – 9%
- Sold Price Per Square Foot: $81, -14%
- Sold Price Range: $108,000 – $199,900
While the numbers are not very pretty, they pretty much show what you’d expect from our current housing economy. By comparison, the city of Delaware was down 6.5 % from 2007 to 2008 (see the entire Delaware activity report).
From a historical perspective, the numbers from 2003 through 2008.
| Year | Sold | Avg. Price | List Price/Ft | Sold Price/Ft | Sold Range |
|---|---|---|---|---|---|
| 2008 | 17 | $156,021 | $86 | $81 | $108,000 – $199,900 |
| 2007 | 23 | $175,083 | $95 | $94 | $127,200 – $224,900 |
| 2006 | 28 | $186,849 | $97 | $95 | $130,000 – $249,900 |
| 2005 | 33 | $177,099 | $99 | $98 | $123,000 – $179,000 |
| 2004 | 30 | $170,272 | $96 | $95 | $112,000 – $127,000 |
| 2003 | 18 | $171,064 | $102 | $100 | $119,000 – $237,900 |
When it comes time to buy or sell in Locust Curve, call Toby – he lives here, works here, and plays here.
