The Classic Cotswold Ranch - 2013 sales stats!

Ahhh... the classic 1950's ranch. In my sales experience I have found that some people love them, and some people DON'T love them. But if you are looking at Cotswold, the ranch is an ever present part of your life. They are everywhere! They vary from traditional brick with black shutters like the one in the photo above, to 1960's mod with higher windows and maybe a partial bit of wood siding. Most in our area have three bedrooms and two full baths. Here is a quick look at how these "3/2 ranches" as we call them have fared this year in our area!

1st Quarter 2013: 11 homes closed with an average sale price of $353,836 for 2102sf. That is an average sale price of $168/square foot.
2nd Quarter 2013: 17 homes closed with an average sale price of $330,500 for 1834sf. That is an average sale price of $179/square foot.
3rd Quarter Sales: 19 homes closed with an average sale price of $349,089 for 1946sf. That is an average sale price of $179/sf.

These numbers are for ALL the Cotswold area - and of course the actual prices vary from one sub-neighborhood to another (Olde Cotswold sells for higher prices than the others, Sherwood Forest tends to sell for less than the others) - but all are included equally in these numbers. So long as they have three bedrooms, two baths, and are not new construction - they were included! These numbers are pretty darn encouraging considering that the averages for 2012 were as follows:

2012 - all 4 quarters combined: 48 homes closed with an average sale price of $300,625 for 2005sf. That is an average sale price of $150/square foot.

Great news that Cotswold has had a great year! If you have friends who would like to live in this area, or if you are considering a move please share my Blog with them or help them get in touch with me!