The 2019 statistics for sales in Country Place reveal a continuation of rising prices in our area largely due to increasing demand and rapid development in South Tyler and Flint. Additionally, construction costs have gone up dramatically in the past few years and that has impacted existing home sales.
The highest price-per-square-foot paid yet ($159.66) for a home in Country Place was for a property on Lakeshore we sold in December. A 2,568 square foot, 3/2.5/2 home, it was built in 1982 but extensively updated and boasts a view overlooking woods along Shackelford Creek and a diving pool. The seller took our advice and purchased a pre-market appraisal which helped buyers understand the value added by all the updates.
The lowest price paid per-square-foot was $81.79 for a home built in 2000, also updated but extremely customized.
These are just two of the nine homes that sold last year. The average cost-per-square-foot was $116.59, the median $114.65. The average time on market was 55 days. You can see the complete CMA summary report by clicking here:
2019 Country Place Comparative Market Analysis
