Flat Top Lake Market Report

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Data accurate as of 3/9/2021 Prior 6 Months Data Compared to same 6 Months 1 Year Prior.

Like many areas in the Beckley Real Estate Market Flat Top Lake is heating up.  Flat Top Lake Homes Sales for the last 6 month totaled 10 homes versus 6 for the same period 1 year ago.  That represents a 150% increase year over year for the same period.  Days On the Market (DOM) average was down to 95 days versus 155 for the prior year, a 39% reduction on DOM. Average List and Sales Prices were up 29% and 28% respectively compared to the prior year, while average list and sales price per square foot fell 9% and 10% respectively compared to the prior year.  Lower list and sales prices per square foot can be attributed to larger houses being listed and may reflect an overall set of listings requiring more updates than prior periods.  We believe that the $167 to $200 range would be targeted list price per square foot depending on how well the home is updated.  Homes needing extensive remodeling will obviously sell at a discount to those requiring little or no updating to current standards.

 

 

  Average    
Description Last Six Months Same Period 2020 Difference %
List Price  $552,060  $428,667  $123,393 29%
Selling Price  $497,150  $389,167  $107,983 28%
Sold/List(%) 90% 91% -1% N/A
List Price/SqFt ($)  $152  $167                            (15) -9%
Sell Price/SqFt($)  $137  $152                            (15) -10%
Days on Market                              95                            155                            (60) -39%
SqFt                         3,639                         2,560                         1,079 42%
Houses Sold                         10                          6                         4 42%

 

Listings and Data Provided courtesy of Beckley Board of REALTORS®, Inc. Information Deemed Reliable but Not Guaranteed. Copyright 2021 of the Beckley Board of REALTORS®, Inc. MLS and Betty J Moore and Associates, LLC. All rights reserved. Information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Active Properties
Address Beds Baths Living ft2 List Price Cost per ft2 DOM
355 Flat Top Lake 4 3 6,900 $1,199,000 $173 104 days
214 Flat Top Lake 3 3 2,352 $719,500 $305 24 days
169 Flat Top Lake 6 5 5,789 $699,000 $120 32 days
Average: 4.3 3.7 5,013 $872,500 $200 54 days
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Viewing 1 - 3 of 3
Sold Properties
Address Beds Baths Living ft2 List Price Sold Price Cost per ft2 DOM Sold Date
272 Flat Top Lake Road 5 6 8,119 $1,200,000 $925,000 $113 90 days 11/3/20
7 Flat Top Lake 4 4 5,129 $799,000 $730,000 $142 367 days 6/26/20
25 Flat Top Lake Road 4 4 3,412 $759,900 $715,000 $209 91 days 9/9/20
315 Flat Top Lake Road 4 3 3,468 $622,500 $622,500 $179 0 days 4/16/21
169 Flat Top Lake 6 5 5,350 $675,000 $620,000 $115 97 days 11/19/20
216 Flat Top Lake 3 3 3,372 $579,000 $557,000 $165 58 days 4/27/21
77 Flat Top Lake 3 4 3,000 $550,000 $549,900 $183 0 days 3/29/21
334 Flat Top Lake Road 3 3 3,151 $549,900 $549,900 $174 55 days 3/29/21
83 Flat Top Lake Road 3 2 2,410 $550,000 $500,000 $207 71 days 11/6/20
15 Flat Top Lake 3 3 3,802 $569,000 $500,000 $131 255 days 6/5/20
345 Flat Top Road 4 3 3,200 $519,000 $485,000 $151 0 days 9/17/20
229 Flat Top Lake Road 3 2 1,665 $529,000 $465,000 $279 41 days 4/6/21
254 Flat Top Lake 5 4 2,410 $399,000 $399,000 $165 192 days 9/18/20
37 Flat Top Lake 3 2 2,340 $399,500 $387,500 $165 475 days 8/24/20
236 Circle Point Court 4 4 2,917 $399,999 $385,000 $131 195 days 9/9/20
102 Flat Top Lake Road 3 3 2,566 $379,500 $347,500 $135 48 days 5/22/20
256 Circle Hill Road 5 3 3,024 $370,000 $333,000 $110 653 days 6/1/20
171 Flat Top Lake 2 3 3,982 $359,000 $315,000 $79 75 days 12/21/20
136 Flat Top Lake Road 3 4 2,524 $329,000 $315,000 $124 16 days 3/8/21
231 Flat Top Lake 2 2 2,066 $329,700 $312,500 $151 48 days 10/21/20
266 Flat Top Lake 2 1 1,122 $299,000 $275,000 $245 49 days 3/18/21
342 Irle Lane 3 3 2,886 $279,000 $265,000 $91 0 days 6/25/20
231 Circle Hill Road 2 2 2,066 $299,900 $250,000 $121 168 days 7/7/20
96 Flat Top Lake 2 2 1,055 $269,900 $245,000 $232 49 days 8/21/20
96 Flat Top Lake Road 2 2 1,055 $249,900 $240,000 $227 34 days 5/21/20
239 Flat Top Lake Road 3 2 1,188 $239,000 $215,000 $180 73 days 7/14/20
Average: 3.3 3.0 2,972 $480,949 $442,453 $162 123 days
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Viewing 1 - 26 of 26