Let’s check out the market in Spruce Creek Golf Club, which is an active adult retirement community with plenty of homes on the market to choose from.
With 87 homes for sale and 9.4 months of inventory, the numbers may suggest a slight favoritism towards the buyers, however the market here is pretty balanced, and the stats have remained steady over the past year.
Average sales price and price per square foot have seen little fluctuation in the past twelve months. The sales price has not strayed far from $197,000 and the price per square foot has hovered right around $111.
Furthermore, home sales have also been steady, averaging 9 homes sold per month over the past year.
There’s definitely lots of inventory for the buyers out there, but sellers can feel confident that homes in this neighborhood are definitely moving.