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Page 2 <strong>April</strong> Edition Seven Lakes News<br />
The community welcomes all of the<br />
new businesses coming to our area.<br />
ONLY THE SUNSET COVERS SEVEN LAKES BETTER!<br />
Victoria & Shelby<br />
From The Publisher...<br />
Finally the weather has changed<br />
and we are all enjoying nice warm<br />
Spring days and longer evenings.<br />
Now as we march toward Memorial<br />
Day we have many outdoor<br />
events to enjoy here in Seven Lakes<br />
and throughout the Sandhills.<br />
There are many concerts slated as<br />
well as numerous charitable events.<br />
Seven Lakes<br />
assisted living & memory care<br />
Seven Lakes is a thriving community<br />
and has seen a fl urry of new business<br />
activity including two hardware<br />
stores, landscaping, hair salon, pet<br />
groomer, auto shop, auto body center,<br />
coffee drive up service, auto<br />
parts center, airport shuttle service,<br />
auto detail and more business<br />
entrepreneurs targeting the Seven<br />
Lakes community and coming soon!<br />
Lets all take part in keeping our<br />
community as beautiful as it is by<br />
keeping everything debris free.<br />
Have a wonderful Spring<br />
Victoria Levinger<br />
Publisher<br />
CHAD STITES<br />
910-992-6230<br />
www.TheStitesTeam.com<br />
THE MARKET REPORT:<br />
There are currently 49 homes on the market in<br />
There are 39 homes for sale in Seven Lakes North,<br />
South and Seven West combined. Lakes North, South and West<br />
There are 11 homes pending and 97 homes have sold<br />
in the With past 23 6 pending months and (7/1/2017 11 sold -1/1/2018). in the past 30 days,<br />
that is less than 6 weeks worth of inventory!<br />
The median sale price over the past 6 months<br />
was $255,000. (down $9,000 from the last<br />
report) and Expect median more inventory days on to the come market on the 123 (up 3<br />
days from the last report).<br />
market in the coming weeks.<br />
Of the 97 homes sold in the past 6 months, 33 had a<br />
price reduction prior to selling. Median reduction is<br />
just under 8% of the list price.<br />
Inventory is low now and expected to increase starting<br />
in March. It’s a good time to start preparing your home<br />
and<br />
for the<br />
buyers<br />
Spring<br />
not being<br />
selling<br />
able<br />
season.<br />
to fi nd<br />
Declutter,<br />
the right homes<br />
freshen<br />
to buy.<br />
up<br />
flooring and walls, and go ahead and get on your<br />
landscaper and powerwasher’s schedule for the<br />
Spring. In most price ranges, it is still a strong seller’s market,<br />
SHANNON STITES<br />
910-992-6231<br />
Last year, 19 homes sold in the same time period, so we’ve<br />
had almost 1/2 the number of sales in the past 30 days as the<br />
same time period last year. This is possibly an indication of the<br />
market shifting, and also could be related to the low inventory<br />
so if you’re in the market to sell, act soon!<br />
• Semi-private & private rooms<br />
• Furnished or unfurnished, as desired<br />
• Cable TV & individual climate controls<br />
in each room<br />
• Complete dining program with 3 meals &<br />
snacks daily<br />
• Full-service housekeeping<br />
• Activities and social programs<br />
• NorthStar Memory Care tm Program<br />
• On-site Beauty Salon & Barber Shop<br />
• Scheduled transportation<br />
• On-call physician services<br />
• And much, much more!<br />
Tour Seven Lakes – call us today!<br />
(910) 673-2045<br />
www.AffinityLivingGroup.com/7L<br />
292 McDougall Drive | West End, NC 27376
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