Record-Breaking Year For The Dominion Real Estate Market!
The Dominion Home Sales
A YEAR IN REVIEW
The Dominion neighborhood continues to grow in size with the number of homes sold hitting an all time record of 121 units closed in 2020. Sales prices and price per square foot have increased in 2020 over 2019. This has been a consistent trend for the past decade. We are predicting this trend will continue throughout 2021. Mortgage rates and the Dominion inventory are at an all-time low with only 36 available homes for sale. We typically see 80 plus homes for sale in the neighborhood! Buyer demand is at an all-time high. This makes an excellent environment for sellers to sell their home for the highest market values in the least amount of time.
SOLD PRICE 121 Houses Sold High: $3,350,000 Low: $345,000 Average: $892,559
SOLD PRICE PER SQUARE FOOT
High: $463.02 Low: $88.52 Average: $208.61 Average SQFT Sold: 4,279
13 Lots Sold High: $1,550,000 Low : $93,500 Average PP/SQFT: $10.98 Average Lot Size: 1.27
Now is the time to be getting your house ready to sell!
Please contact us if you need information regarding your home or the real estate market, we are always happy to assist.
MATTHEW RESNICK, REALTOR®
AT KUPER SOTHEBYS INTERNATIONAL REALTY
This information was written by Matthew Resnick and published in the February 2021 issue of The Dominion Magazine. A link to the publication can be found here.