Coffey Park Lots

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Coffey Park Lot update

Lots in Coffey Park continue on a hot selling pace. Since December of last year, 24 lots have sold with an average selling price of $187,146.  Here’s the pace of closings:

  • December: 2 sales
  • January: 8 sales
  • February: 14 sales in the first 16 days of the month

There are currently 20 lots in some stage of escrow that will probably close in the next 30 days.

Only 6 lots are available for sale as of February 18.  Three of those lots have been listed for less than a week. The other three less than a month.

Coffey Park Lots for sale
Coffey Park Lots for Sale as of Feb 18, 2018
1808 Walnut Creek Ct  $          180,000
2016 Crimson Ln  $          215,000
1321 Cashew Rd  $          189,950
1440 Starview Ct  $          245,000
3419 Santiago Dr  $          199,000
1335 Holly Park Way  $          225,000

I have much more information available about average and median prices and prices per square foot. Please email Dave Roberts about Coffey Park Lots if you would like more information or to talk about listing or buying Coffey Park lots

Posted in: Lot Sales

Coffey Park Lot Listings

As of the last week in January, 2018, the market for Coffey Park lots has been very active. Since the fire in October, 32 lots have been offered for sale and 28 of them are either sold or in contract. I expect the four remaining “active” lots will also go into contract quickly, and many more lots are likely to be listed as some owners choose to sell rather than undergo the rebuilding process. A quick look at completed sales shows that five of the six lots sold for between $5,000 and $17,000 over the asking price while one lot sold for the exact asking price.  There appears to be a premium paid for the larger lots in Coffey Park, but the highest “per square foot” price belongs to a 4,500 square foot lot which sold for $36.78 per square foot. All the lots were in the range of $26.50 to that higher price with final sales of the first six lots all clustered between $165,000 and $195,000. We can’t know the prices on all the lots that are in contract until they are final.

 

Coffey Park lots on the market since the Tubbs Fire

Posted in: Lot Sales

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  • Coffey Park Lot update February 18, 2018

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