Smith Farm market activity report

Ther have been 6 reported sales in Smith Farm in the previous 60 days. Three of the 6 were short sales.

1) A 738 on Oak Grove...Short Sale...$225,000
2) A 739 on Oak Grove...Short Sale...$228,000
3) A 739 on Oak Grove...$255,000
4) A 1602 on Marbletree...Short Sale...$345,000
5) A 1603 on Marbletree...$345,000
6) A 1603 on Squirewood...$365,000

You can see, just from this 60 day history sample, how short sales tend to sell at a discount to non short sales. When there are a lot of short sales in a neighborhood it can certainly impact property values and appraisals. Take a look at the post above this one to get a feel for what the upcoming closed sales may be...