A Biltmore with a pool in Grande Estates has gone under contract in 17 days. The asking price at the time of contract was $325,000.
This quick contract at $131/sq ft (as opposed to the average $100+/sq ft for distressed sales) confirms our current hypothesis that non-distressed sales are commanding a nice premium at the present time....that finding, combined with the fact that the inventory for non-distressed homes is very low makes it a very good time to place a home on the market that is not marketed as "distressed".
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