A Pike Road Neighborhood Real Estate Report

Posted by Craig Schaid on Friday, March 4th, 2016 at 11:05am.

It's been way too long since we've reported on the bustling that is currently taking place in Pike Road. The homes continue to sell, and the building is like nothing we’ve ever seen. A few of the neighborhoods seem to take a complete new look with just a couple weeks of absence. It’s a great time to be in Pike Road! 

As I am sure you are aware by now, the long awaited Pike Road School is in full swing and producing some wonderful little learners. The out of the box thinking that the Pike Road School Board has implemented goes hand and hand with some of the neighborhoods that support it.

The Waters Pike Road, AL 4 WallzWe’ve got neighborhoods like The Waters that has re-invented itself over the past 3-4 years. The energy level in this quaint little slice of heaven is something to behold. The residents don’t seem to know what stress is as they motor around in their golf carts and the kiddos run and play amongst the plentiful playground type of acreage.

Since we’ve reported last, The Orchards has really emerged and taking shape as a family filled neighborhood. The location of this well thought out subdivision makes it ideal for those growing families that want to “walk” to the new Pike Road School! Yes, remember the old days of walking, biking or skateboarding to school? Those days are back. The Orchards has proven to be much more affordable than other neighborhoods in Pike Road, for a brand new spectacular home!

Another neighborhood that continues to flourish is Boykin Lakes. This is a Stone Martin Development and offers large homes, large lots and is selling like hot cakes! These homes feature beautiful upgrades like granite, tankless water heaters, etc. Also, many boast some very large yards with lots of privacy.

Next, we have the neighborhood which will be hosting the 2016 Parade Of Homes; Woodland Creek! This premiere Lowder New Homes neighborhood has continued to take shape even through the slow period of the market. Now, it’s absolutely on fire. The amenities that Woodland Creek has to offer, the wonderful built houses, preserved grounds with Pine Trees and walking paths and so on, you will feel at home from the time you drive through the beautiful entrance.  In addition, Woodland Creek offers homes from the entry level in the low $200’s and up to 5 Bedrooms and much more space to roam.  Here at 4 Wallz, we are definitely Woodland Creek fans…ask us why.

To touch on a couple of the other neighborhoods you’ve heard of in the past; Bon Terre and Providence. These neighborhoods sold at a real brisk pace leading up to the school craze, but have now pretty much built out. We can find you homes in these neighborhoods that are like new, however, they are not still building in these neighborhoods anymore.

Let’s look at Pike Road as a whole.

Real Estate Market Chart by Altos Research www.altosresearch.com 

This chart represents very refreshing news to those looking to sell. Many folks were stuck in their homes with an inability to sell because of the down turn of the market. Not anymore! Prices are on the rise! Let us know if you'd like to get a current value on your home by CLICKING HERE

Real Estate Market Chart by Altos Research www.altosresearch.com 

This chart shows how many homes are selling in Pike Road! This is also GREAT NEWS! If we had these two charts from '08/'09, they'd probably look they were flipped backward. 

Here is a concentrated neighborhood report for you to see what happening in these neighborhoods. 

The following activity is between 09/01/15-02/29/16

Woodland Creek Neighborhood

37 Homes Sold

Median Price: $251,100

 

The Waters Neighborhood

24 Homes Sold

Median Price: $359,558

 

The Orchards Neighborhood

5 Homes Sold

Median Price: $266,502

 

Boykin Lakes Neighborhood

18 Homes Sold

Median Price: $340,199

 

Stone Park Neighborhood

13 Homes Sold

Median Price: $254,200

 

Bon Terre Neighborhood

5 Homes Sold

Median Price: $356,000

 

Providence Neighborhood

6 Homes Sold

Median Price: $277,450

 

Lochshire Neighborhood

4 Homes Sold

Median Price: $307,500

I know this is a LOT of data, but hopefully informative and a good window to what is happening in Pike Road at this current time. There are many great homes for sale in Pike Road, and 4 Wallz would love to put you in our Limo Van and show you them. 

Now keep in mind, these numbers are through the winter months, the typical "non-buying" season. We anticipate over the next 6 months, the activity is going to more than double, and prices will natural begin to rise. If you have been thinking about buying in Pike Road, now is the time! Schedule a time today to go looking at homes. Fill out this form and we'll be in touch ASAP! 

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