Verrado is currently sitting at 87 active homes for sale, with an average selling price of $364,209.  There are now currently 21 pending homes in Verrado, with 10 of these new construction homes or presale lots; the majority which are the new Frank Residential row homes up near Main Street.  Overall, pending home sales have slowed and inventory has begun to climb which should bring some balance back into the market. 

Now when shifting over to Verrado sold properties, we are at 53 homes sold over the last 90 days, which is indicative of the slower summer months, with only 7 of these homes being new construction.  The average closed price of these homes was $304,070, maintaining at 98% of the asking price and 76 agent days on market.  Of this 46 were Verrado real estate resales and 7 were new construction homes, providing a much stronger balance on the resale side compared to new construction/

When looking at only resale Verrado homes, the average price was $303,723  (98% of asking price).  However, these homes had an average size of 2605 sq ft; resulting in an average of $116.86 and an average days on market of 75 days on market.

If you have a home to sell in Verrado, be sure to contact us.  With our aggressive marketing program and technology platform, we always strive to beat the average days on market.  The value we deliver is second to none, so be sure to call us and compare, even if you're thinking about using another Realtor or brokerage.

Posted by The Cascade Team Real Estate on
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