In my previous Price and
Sales update on 9/4/17 I said that I wouldn't be surprised to see another price
hike for the Parker (mid-sized floorplan) very soon.
They followed through
and raised the Parker $10,000 and left the Dawson and Cassidy priced where they
were:
The pricing history on
the smallest floor plan (Dawson) has been:
12/9/16:
$415,000
1/22/16:
$425,000
3/2/17:
$430,000
3/28/17:
$440,000
6/5/17:
$443,000
The pricing
history on the middle floor plan (Parker) has been:
12/9/16:
$440,000
1/22/16:
$450,000
3/2/17:
$455,000
3/28/17:
$470,000
6/5/17:
$473,000
10/1/17:
$483,000
The pricing
history on the largest floor plan (Cassidy) has been:
12/9/16:
$465,000
1/22/16:
$475,000
3/2/17:
$480,000
3/28/17:
$495,000
6/5/17:
$518,000
8/25/17:
$537,490
Currently there is one
Dawson for sale in Building #3 with pre-selected options for $470,000.
Building #4 which is
just starting to close throughout this month is sold out.
In Building #5 which is
slated to be completed in December there are currently 5 units still
available. (1 Cassidy, 1 Parker and 3 Dawson's) Seems they are having more trouble moving the Dawson's even though that is the one they have least aggressively raised the price on.
This is the very first time they have actually had a Cassidy listed for sale. I guess at $537,500 ($554,354 with options) they finally found the price point where it wouldn't sell before it was even started.
This small slowdown is probably a
combination of the higher prices and seasonality (not too many folks
buying homes in Fall)
I am thinking some of
the retail in the neighborhood opening may draw some more
interest and get these sold. Burton's, District Taco and MOD Pizza are all opening within the next month. The parking deck next to District Taco is also slated to open then.
The fact that they are still raising prices this far into the development process is a great sign. Remember over at Editors Park they have dropped prices $40,000 and since then have only held prices steady.
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