Take a look at our Gainey Ranch mid-year market update–this update provides key indicators about the Gainey Ranch real estate market for January 1, 2017 to June 30, 2017.
Let’s dive in. There are currently just over 30 active listings in Gainey Ranch–based upon the average number of sales per month since January 2017, there is a 3.5 month supply of homes. The average days on market (ADOM) for sold homes in 2017 is 168 while the ADOM for the first half of 2016 was 155.
Number of Sold Homes 1/1/2016 to 6/30/2016: 35
Number of Sold Homes 1/1/2017 to 6/30/2017: 55 (up 36% from 2016)
The average dollars per square foot obtained at sale in the first half of 2016 was $268.11 and so far this year the amount is $269.35. Sales activity has slowed a bit in the past 30 days and we expect sales to remain slightly depressed until October. Short of some major economic crisis, the fall/winter of this year should bring strong sales in Gainey Ranch. If you have a question about the Gainey Ranch area, a particular property or the amenities, contact us–we’d be honored to help.
Gainey Ranch Homes For Sale Priced at $1M+
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