Presented By Michael Citron

The Real Estate Market in 2022 has surely shaped the future for years to come as we saw exponential growth in many of our communities. Fox Ridge had 18 sales in 2022, and 10 in 2021.

Total Homes Sold Average Days On Market

Some of the biggest changes we have seen in 2022 was the Average Days on Market, as this was our biggest indicator that the buyer frenzy market was slowing down. In 2022, Fox Ridge’s Average Days on Market was 41 and in 2021 it was 12 days. That was over a 200% increased time on market.

The biggest change in the market was that in 2022 the median sales price in Fox Ridge was $1,062,500. The community had it’s fair share of Record Sales this past year. In 2021, it was only $827,000. Although, with recent interest rates increasing we may expect home prices to decrease as we come into the 1st and 2nd quarters of 2023.

2/2 $1,175,000

Pool 4 Full Baths 5 Beds #300,000 Custom Upgrades

Meadow Run

Pool