Clayton Living & Real Estate

Some of my colleagues say their volume has not slowed down much, but when I look at the areas they focus on, I understand why. As shown in September’s Oakhurst home sales below, it’s clear that the properties under $800,000 are still moving. Once you get to the million dollar mark, the activity is much less than a few month’s back. As of today, we have about 6 homes on the market for every buyer out there in the million price range. This is a lot of inventory. If you are a buyer in this price range, you are not only in a great negotiating position, but you are highly likely to get the home of your dreams with all the bells and whistles. Bottom line, homes that have highly desireable features, (views, privacy, size, quality upgrades) are always going to go first. For those of you that have a million dollar home in Oakhurst on an “average” lot with no upgrades, adjust your expectations of your home value by a bit. Sorry, but the buyers will determine market value and your neighbor who sold his house 5 months ago really did get top dollar in 2005.

[5 Bed, 3 Bath, 3602 Sq Ft] Here’s a property with a few unique features in the Eagle Peak neighborhood of Oakhurst. It’s the highest (elevation) house in that development, which also makes it the youngest since the builder started construction at the bottom of the hill. It’s also the largest model and probably with the most privacy. The backyard opens up to views of the Clayton hills and a secluded oak tree grove. Normally I would predict this house to be on the market no more than 3 days, but changing conditions prevents me from making such a prediction.

Here is a slide show of the property, and click below for a quick video tour.

[4 Bed, 3 Bath, 3008 Sq Ft] I am amazed this property is still on the market after starting at $1,050,000. The house is in the Eagle Peak neighborhood, it’s in great shape, it’s on a big lot (.3 acre - even if much of it is hilly), and has a terrific floorplan that includes a full downstairs bed & bath. Many people I’ve met at the open houses loved it, but some wanted a pool or granite counters. The pool might be an expense, but granite counters? Why not make an offer for $13K under and go choose the granite yourself? Installation time: 2 - 3 days.
UPDATE: We shot a video walkthrough of the property, please give it a look and let us know what you think: