May 2011 Real Estate Market Report for Meadow Pointe

Meadow Pointe showed strong single family home sales in April.  Our MLS reported 18 single family homes sold in April with sold prices ranging from $71,000 to $319,000.  One third of the reported sales were pre-foreclosures, 1/3 were REO/Foreclosures and the average reported sold price was $155,080.*

Currently there are almost 70 Meadow Pointe single family homes listed for sale in our MLS with list prices ranging from $100,000 for a "short sale/Pre-foreclosure" sold "as is", to $349,000 for a 4 bedroom, 3 bathroom pool home.  39% of the listings are "traditional" sales and  61% are distressed sales.

*Information deemed reliable but not guaranteed.