Athol January 2018 Market Report
Athol closed 6 homes in January 2018 and 8 properties the previous year. The volume is down by 2 for the start of this year. Prices are about the same in most categories. Athol currently has about 2 1/2 months worth of available inventory available. Read More Here:
Home on 1-2 Acre Lots
This is a 1985 manufactured home with 2.5 acres in size. It stayed on the market for only 55 days and sold for $104 per sq ft. In 2017, 2 of these properties that averaged 1.28 acres closed. They stayed on the market for 187 days and sold for $109 per sq ft. The volume is down by 1 but days on market down tremendously.
2 new Construction homes completed and sold in January 2018. They averaged 4.75 acres, stayed on the market for 136 days on average and sold for $193 per sq ft. No new construction homes were sold January 2017.
Existing Homes on 5 Acre Lots
One existing home on a 5 acre lots closing this January. This home was built in 2001 and sold for $400k. It only took 29 days to sell this property for $188 per sq ft. Last year, 2 properties on 5 acre lots were sold for $154 per sq ft. They stayed on the market for 130 days. Volume is down by one price is up by $34 per square foot.
Existing Home on 10 Acre
This is a 1992 manufactured home located in Timberview Subdivision. It took 176 days to close this at $130 per sq ft. 3 properties on 10 acre lots were closed in January 2017. These homes were on the market for 152 days on average and sold for $170 per square foot. Prices down tremendously in this category this month.
Existing Home on over 10 Acre Lot
January 2018 had 1 home sell that was on a lot larger than a 10. It’s 16.98 acres in size and took 229 days to sell on the market. This large property sold for $237 per sq ft. We don’t see a lot of homes on over 10 acre lots sell. There is none to compare to for last January.