Top 5 Home Selling Neighborhoods Hamilton County TN 2013
Top 5 Home Selling Neighborhoods
Top 5 Home Selling Neighborhoods Hamilton County TN 2013. The time period of sales is first 8 months of 2013. I am writing this September 4, 2013. The top 5 in number of homes (no age or price involved) sold are as follows:
1. Hamilton on Hunter 58 (25 of those are Hamilton on Hunter North)
2. One North Shore 34 (this is a condominium complex)
3. Black Creek 23
4. Stonewall Farms 22
5. Windstone 20 (10 are Windstone at Whisper Creek)
Bell Development has two of the Top 5 Home Selling Neighborhoods Hamilton County TN 2013
The number one winner is Bell Development’s Hamilton on Hunter. Hamilton on Hunter is located off Hunter Road in Ooltewah. The neighborhood is 26 years old and covers roughly 640 acres. The newer Hamilton on Hunter North is approximately 275 acres. The 58 home sales in 2013 range from $75,000 – $241,500. The price per square foot ranged from $44 – $120. Hamilton on Hunter North is zoned for Wallace A. Smith Elementary School, Hunter Middle, and Central High School. Hamilton on Hunter enjoys newer construction and proximity to jobs at Volkswagen and Amazon.
The number two winner is a great story for Chattanooga. It is a condominium complex. There are 34 condo sales so far this year at One North Shore. The 2013 sales saw a low of $149,500 and a high of $374,000.The average price per square foot is $217. I shared a few insights in this former article about One North Shore. I was really impressed with the level of services and amenities One North Shore offers its owners. One North Shore enjoys location near downtown and it’s adjacent to parks, retail and grocery.
The third place finisher is Black Creek Mountain. Black Creek Mountain is a golf course community in Lookout Valley. Lookout Valley is less than 10 minutes from downtown Chattanooga. New homes are under construction as a new developer makes their way up Aetna Mountain. The neighborhood is 13 years old and is home to Black Creek Golf. Club house expansion, varied price points and styles, combined with location near downtown are all continued draws to this community. The 2013 price range is from $114,000 condo to $655,000 single family home.
Fourth place goes to Stonewall Farms. Stonewall Farms is another Bell Development. It is located in Hixson. Stonewall Farms is a more traditional neighborhood with home prices from $179,900 to $334,000 for 2013 sales. Stonewall Farms is 10 years old. Half of the home sales in 2013 were new home sales. New homes in Stonewall Farms are selling on average at $119 per square foot.
Fifth place goes to Windstone. Windstone is a golf course community located in Ooltewah. (Important Note: Windstone is also in Catoosa County, GA or Ringgold , GA. If we included all of Windstone there would be 30 sales year to date. But this story is about Hamilton County only). I wrote this article about homes at Whisper Creek in Windstone. The 2013 sales ranged in price from $200,000 to $422,000. Newer construction in Whisper Creek is averaging $140 per square foot.
In summary, all of the Top 5 Home Selling Neighborhoods Hamilton County TN 2013 enjoy a decent amount of newer construction. There are new homes being built in 4 of them. One North Shore is only 5 years old and it is enjoying growth of downtown living with a strong dose of amenities and an excellent marketing campaign. Top 5 Home Selling Neighborhoods Hamilton County TN 2013 list was compiled using the Multiple Listing System (MLS of Chattanooga Association of Realtors). Only Realtor assisted sales were considered in the data.