Know Your Competition Before Selling Your Apple Valley Lake Lot
49 Apple Valley Lots have SOLD between January 1, 2009 and October 13th, 2009. There are still 159 Apple Valley Lots available for sale today. What does this mean?? Based on the 49 Apple Valley Lot sales that sold so far this year, it will take nearly 3 years to sell all the existing inventory, assuming that no other lots are listed for sale. Meaning, on average, only about 1 out of every 4 lots for sale will actually sell each year. This also means that 3 out of 4 lots will remain unsold during the next 12 months.
| # of Lots Sold | Price Range | Lots Currently Available |
| 10 | $2,000 - $2,999 | 0 |
| 9 | $3,000 - $3,999 | 8 |
| 13 | $4,000 - $4,999 | 49 |
| 3 | $5,000 - $5,999 | 48 |
| 3 | $6,000 - $6,999 | 21 |
| 2 | $7,000 - $7,999 | 1 |
| 1 | $8,000 - $8,999 | 3 |
| 1 | $9,000 - $9,999 | 3 |
| 2 | $10,000 - $14,999 | 7 |
| 1 | $15,000 - $19,999 | 4 |
| 1 | $20,000 - $29,999 | 4 |
| 0 | $30,000 - $39,999 | 2 |
| 2 | $40,000 - $49,999 | 3 |
| 1 | $50,000 - $254,000 | 6 |
Remember that most interested buyers, real estate appraisers, mortgage lenders and REALTORS all look at the comparable lot sales before determining if each Apple Valley lot is worthy of it's asking price.
Most buyers buy their Apple Valley Lake lot by comparing your lot to other similar lots that have sold within the past 6 to 12 months. If your lot is listed for more than the comparable lots, your buyer will typically select another competing lot that they perceive as a better value.
Before placing your Apple Valley Lot on the market you should ask yourself a simple question:
Do you just want to list your Apple Valley Lot for sale or do you actually want to SELL your Apple Valley Lot?
If you are serious about selling your Apple Valley Lot for the current market value we can help you reach your goal.
Thank you for taking your time to read my Apple Valley Real Estate Market Report
