Rivertowne Country Club
In 2009, 49 single family homes sold in Rivertowne, down from 59 homes sold in 2008 and continuing a downward trend from 2005’s peak of 124 sold homes. The average days a Rivertowne home was on the market in 2009 was 251, up from 146 in 2008, a jump of 3.5 months. In addition, the average price per square foot dropped to $150/sf in 2009 as compared to $180/square foot in 2008. There were a number of unfinished new construction homes that sold as foreclosures or short sales in Rivertowne in 2009 that really pulled the values down. The average and median pricing in the neighborhood now rests in the low $400,000s, offering some very affordable values to homebuyers.
Rivertowne Country Club Sales & Price Stats 2005-2009
Rivertowne Country Club
In 2009, 49 single family homes sold in Rivertowne, down from 59 homes sold in 2008 and continuing a downward trend from 2005’s peak of 124 sold homes. The average days a Rivertowne home was on the market in 2009 was 251, up from 146 in 2008, a jump of 3.5 months. In addition, the average price per square foot dropped to $150/sf in 2009 as compared to $180/square foot in 2008. There were a number of unfinished new construction homes that sold as foreclosures or short sales in Rivertowne in 2009 that really pulled the values down. The average and median pricing in the neighborhood now rests in the low $400,000s, offering some very affordable values to homebuyers.