This was only the second time in the history of the association that the annual average price topped the $300,000 barrier. (Back in 2005, the average annual sale price at Stone Ridge reached $304,156). At $300,021, Stone Ridge’s average sale price for 2018 stands a whopping 40.4 percent above the prior market cycle low of $213,625 set back in 2010.
Solid sales volume in 2018
For the second year in a row, seventeen units changed hands at Stone Ridge, according to data maintained by MLS-PIN.
2018’s seventeen unit sales volume has been exceeded on the MLS only four times at Stone Ridge since 2000. (Per data from the MLS, there were twenty-four sales in 2000, twenty-two sales in 2002, eighteen units changed hands sales 2005, and 2007 saw twenty-one unit sales at Stone Ridge.)
Full basements and one car garages are just two of the the most sought-after features offered at Stone Ridge. Several of the floor plans at Stone Ridge also have at least one first floor bedroom with a full bath – that’s a prized combination for many buyers, especially at the affordable unit prices found at Stone Ridge!