Cherry Log currently has 14 single family homes for sale with an average list price of $691,316.71 and 1 lot for sale with a list price of $1,800,000. The average annual property tax for Cherry Log is $1,900.92.
Using the absorption rate, we can determine how long it's taking for homes to sell and which price points are selling the fastest in Cherry Log, i.e. what's hot and what's not.
See What's Hot & What's Not in Cherry LogCherry Log home sales for the month of March decreased in volume by 50% when compared to last year, while the median sale price rose by 68.4% from $468,950 to $789,700. House sales decreased by 50%, while the median sale price rose by 68.4% from $468,950 to $789,700.
11
|
16
|
18
|
24
|
2021 | 2022 | 2023 | 2024 |
# of sales per year |
$399,900
|
$517,500
|
$435,000
|
$478,500
|
2021 | 2022 | 2023 | 2024 |
median sale price per year |