Stonewood @ Eagleridge Update #2

I just posted the following last week:

"Those who are lucky enough to call themselves owners at Stonewood have seen some nice appreciation.  The first units sold in September of 2005 for about $297/sq. ft.  That same month another unit closed at $338/sq. ft.  In May of 2006 a unit closed at $349/sq. ft. and in February of this year a unit closed at $425/sq. ft.  Currently, units that are sale pending are listed at $450/sq. ft. and one unit (#6) can be bought for $455 a sq. ft.  The rest of the units that are currently on the market are listed at $500/sq. ft. and one unit (a resale) is listed at $572/sq. ft.!!!!"

Since that post, Unit # 20, which was listed at $500/sq. ft. and is not under construction yet has gone UNDER CONTRACT!!  In addition, the resale, Unit # 1, which was listed at $572/sq. ft. is also UNDER CONTRACT!!   

I told you this market is crazy!  I say it's crazy only because properties seem to be appreciating on a daily basis!!   Stonewood is one of my favorite developments and I still think it's a good buy and a great investment, even as prices continue to rise!   Unit #6 is still available for immediate ownership and occupancy for $455/sq. ft., but I would not be surprised to see the price increase on this unit shortly if it isn't snatched up in the next week or so.  Wanna see it?  Call me (970) 291-1046 or email me @ Stacy@SoldOnSteamboat.com

4:27 AM - Apr. 2, 2007 - comments {0} - post comment
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