A Message from The Landings Company About Home Sales
In these times of uncertainty, we find that real estate questions develop, and sometimes anecdotal evidence is passed along as the answer. Given that a number of questions have been raised about sales in The Landings during the pandemic, we thought it timely to provide the most up-to-date information available.
According to local MLS data, 96 homes closed through April 30 of this year. That is up 13% from the 85 sold last year at this time. The Landings Company represented 66% of the sellers and 50% of the buyers of those homes.
Of the 96 homes sold, 41 have been at a cost of $500,000 or more. In this case, The Landings Company represented 81% of the sellers and 59% of the buyers.
Sales continue to be made with our team selling homes via FaceTime and similar “apps”. Specialized virtual tours and on-island showings still are occurring with great caution exercised. As of May 7, 43 Landings homes are under contract or active with a contingent contract in place.
What’s so encouraging is that even though Discovery Visits have been postponed and activity is far from normal, The Landings’ legacy is alive and well. Even hampered by current conditions, buyers are expressing interest through our website and social media platforms in strong numbers. Others are planning Discovery Visits as restrictions begin to be relaxed to make future purchases or to see our community for the first time. Fortunately, buyers are still purchasing properties now.
As important as ever, The Landings Company continues its broad-based marketing to attract new residents and Club members to this great place we all call home.
This article was originally published by The Landings Association on their website. Visit landings.org to read the original article. https://landings.org/news/2020/05/07/message-landings-company%C2%A0about-home-sales