Cheval Golf and Country Club Market Statistics

The second spotlight community Market Update Report this week covers Cheval Golf and Country Club, in Lutz, FL. Cheval Golf and Country Club is one of the few private courses in Hillsborough. This update covers the Cheval Subdivisions, all of which surround the golf course.
You’ll notice I’ve taken the List Price per Sq.Ft.(LP/SqFt) off of the graph and replaced it with the List Price to Sold Price Ratio (LP/SP Ratio). I think this is a more informative stat and plan on using it going forward. If you would like to see the LP/SqFt or any other stat category, shoot me a comment and I will try to oblige.

These sold statistics are for the past 12 month period. Like most of Tampa Bay, this area saw a sizable increase in sales for June and July. The summer months, the first time home buyer credit and drastic reductions in value are the primary factors for this occurrence. Noting an ebb in sales for August, I’m speculating that we may have seen our bottom and now sellers and buyers are reworking that line.  An increase in sales for September will be good news for our area going forward.

Later I will be posting a Hot Sheet report showing all new listings, sales, pending sales, and price changes over the previous 2 week time period for this same area.

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