Woodcrest Real Estate Market Report

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For the previous 12 months listing prices for homes listed for sale in the Beckley subdivision of Woodcrest are up an average of 16% compared to the preceding 12 months. Some resistance to this price increase is seen in the average days on the market increasing from 135 days to 156 days for the same period.  

List Price to Sales Price Ratio dropped 1% to 94% from 95% for the period.  Homes sold in the same period increased a modest 8% which is in line with the popularity of Woodcrest as owners are satisfied with living in this highly coveted subdivision.   

Average List Price per square ft for current inventory is listed below.

 

Time Period Avg Dom Count Avg List $ LP/SP% Avg Sell $
Prior 12 months 156 14       341,307                       94               321,339 
Same Period Previous Year 135 13       295,277                       95               281,338 
  21 1      46,030                   (1)            40,001 
    8% 16%   14%
Active Properties
Address Beds Baths Living ft2 List Price Cost per ft2 DOM
40 Chickadee Way 5 5 5,000 $655,000 $131 288 days
20 Osprey Road 5 5 4,966 $425,000 $85 117 days
24 Whippoorwill Place 4 5 3,564 $399,900 $112 91 days
37 Fox Sparrow Road 5 3 3,958 $350,000 $88 75 days
Average: 4.8 4.5 4,372 $457,475 $104 143 days
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Properties Under Contract
Address Beds Baths Living ft2 List Price Cost per ft2 DOM
42 Chickadee Way 4 5 5,825 $759,000 $130 107 days
94 Timber Ridge Drive 4 3 3,592 $449,000 $125 16 days
30 Timber Ridge Drive 4 3 2,160 $319,000 $147 32 days
38 Woodthrush Lane 3 4 2,576 $289,900 $112 40 days
Average: 3.8 3.8 3,538 $454,225 $128 49 days
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Sold Properties
Address Beds Baths Living ft2 List Price Sold Price Cost per ft2 DOM Sold Date
16 Falcon Circle 5 6 6,593 $699,000 $687,500 $104 44 days 4/30/21
24 Warbler Lane 4 4 3,688 $369,000 $350,000 $94 213 days 2/8/21
43 Woodthrush Lane 4 3 3,076 $329,000 $325,000 $105 110 days 6/23/21
22 Whippoorwill Place 4 3 2,128 $248,900 $230,000 $108 54 days 7/13/21
Average: 4.3 4.0 3,871 $411,475 $398,125 $103 105 days
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