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2013 Year in Review: Stoneleigh

The 3rd Green at Stoneleigh backed by the Blue Ridge Mountains

With just over 150 homes available in the neighborhood, Stoneleigh’s real estate market does not always match the trends for the rest of LoCo. Offering a large variety in style and size, prices can range from $500,000 to over $900,000. Let’s take a look at 2013’s activity and see what happened…

Last year seven homes were sold here, compared to eleven in 2012. Most had 5 bedrooms, 4.5 baths, on at least 1.5 acres, and took 66 days on the market to ratify a contract. The average sales price of $669,757 was $1,000 more than last year, with a low of $486,500 (a short sale) and a high of $909,000.

So what does that mean for homeowners here? Due to the uniqueness of this golf course community, it really depends on your specific home. With a $400,000 swing from top to bottom, factors like square footage, lot size, and interior finishes have a lot to do with determining value. The best approach is to schedule a consultation and discuss your situation in person.

Live in Stoneleigh (or anywhere in LoCo) and wonder what your home is worth? Fill out this quick form and we will shoot you an email with an up to date market report. Thinking about buying? We’ve got you covered there too, click here to get all the listings in the neighborhood.

Cheers,
Mike

Have a real estate question or need any information on all things LoCo, just ask!

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About our blog

Michael and Heather Elias are full time real estate professionals and licensed REALTORS at Century 21 Redwood Realty. They sincerely hope you enjoy reading this blog, and would love the opportunity to work with you.



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The data relating to real estate for sale on this web site comes from MRIS. Listing information comes from various brokers who participate in the MRIS IDX. Properties listed with brokerage firms other than LoCoMusings are marked with the MRIS Logo and detailed information about them includes the name of the listing brokers. The properties displayed may not be all the properties available. All information provided is deemed reliable but is not guaranteed and should be independently verified. Data last updated 2015-07-28T19:14:52.82.

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Century 21 Redwood Realty