Hidden Valley (Hidden Valley, PA)
By Robert Wagner, Your CHOICE for Real Estate.
(BHHS The Preferred Realty 3802 St RT 31 Donegal, PA 15628)
We had hoped that the increased sales that we saw after the Buncher group purchased the resort in 2007 would begin a new trend. Unfortunately the economy, increased inventory, and declining prices at Seven Springs have derailed our expectations.  In 2008 there were 80 recorded resale transfers. In 2009 there were only 48. Reviewing the chart below you can see what a tough year this was and how much further up it can go!! Year 2004 2005 2006 2007 2008 2009 # of Resales 156 155 84 79 80 48 The average sales price here has also declined. In 2008 it went from $225,266 to $210,700 in 2009. When you look around the US at other resort areas and the hits they have taken on prices both of our Pennsylvania Resorts are holding their own!  Only one of the new South Ridge Place condos has transferre...
Comments 0
By Robert Wagner, Your CHOICE for Real Estate.
(BHHS The Preferred Realty 3802 St RT 31 Donegal, PA 15628)
2742 Powder Ridge   $273,500 471 Gardner Road   $230,000 1467 Gebhart Way   $154,000 533 Kooser Circle   $180,000 2407 South Ridge   $322,000 5034 Summit   $279,000 1736 Snowfield Drive   $320,000 2421 South Ridge Plaza   $310,000 1922 South Ridge   $250,000 Stayed tuned for the 2009 year end updates on market stats!!
Comments 0
By Robert Wagner, Your CHOICE for Real Estate.
(BHHS The Preferred Realty 3802 St RT 31 Donegal, PA 15628)
Last week I attended a public meeting regarding a deep mine application for New Enterprise Stone and Lime. This stone quarry is across the street from Hidden Valley. It wasn't a very large turnout and only three people shared their concerns. We were surprised not to see any representatives from Hidden Valley Resort or the Home Owners Association. When you're on top of the mountain you can see only a portion of New Enterprise surface mining operations. They propose to deep mine 240 acres for LIMESTONE, NOT COAL. Approximately five and a half additional acres would be surfaced mined to open up an entrance. Here is a link to an aerial map. Concern arises from the amount of impact the operations may have on the Shaffer Run watershed. Shaffer and Kooser Run are tributaries that may be impact...
Comments 4
By Robert Wagner, Your CHOICE for Real Estate.
(BHHS The Preferred Realty 3802 St RT 31 Donegal, PA 15628)
1244 Tanyard         $182,500 1807 Eagles Ridge  $187,500 1807 Eagles Ridge  $187,500 1931 South Ridge   $292,000 62 Valley View        $133,000 1585 Snowfield       $200,000 Recorded sales transfers for the resorts are acquired electronically from records inputted at the Somerset County Court House, Office of the Recorder of Deeds. We review sales in Jefferson (Hidden Valley) and Middlecreek (Seven Springs) Townships on a weekly basis. Prices do not reflect bill of sales and other out of settlement transfers. Furnishings, which are included in the majority of sales are assigned no monetary value. We do not post transfers that carry $1.00 values.
Comments 0
By Robert Wagner, Your CHOICE for Real Estate.
(BHHS The Preferred Realty 3802 St RT 31 Donegal, PA 15628)
PROPERTIES ON THE MARKET 3rd Quarter 2009 MLS 799234 528 Nebo Road Ext, Melcroft 1 BR 1B house on state stocked trout stream. New roof, windows, bath, lighting, insulation, electric bb heat, ONLY$59,000 MLS 797980 112 Hill view Lane, Melcroft 4BR, 1B Renovated home with newer siding, electrical panel, windows, furnace, and insulation. Room for 2 bath, garage $92,500 MLS 797487 8114 StoneGate, Seven Springs 4BR, 3B Furnished Emerald floor plan with custom 4th BR. Ski in and out. Awesome east views. $375,000 MLS 796532 2406 South Ridge Lane, Hidden Valley 3BR, 2B house with garage. Great condition, all furnishings and appliances, great deck and back yard. $323,000 MLS 795770 113 Chipmunk Court, 7 Springs. BIG 4BR, 4 1/2B, townhouse, beautiful furnishings, 3 fireplaces, 2 car GARAGE, over...
Comments 0
By Robert Wagner, Your CHOICE for Real Estate.
(BHHS The Preferred Realty 3802 St RT 31 Donegal, PA 15628)
Here's a first for our resorts! Hidden Valley has teamed up with Touchstone Center for Crafts to bring us this celebration. According to the web site "November 7 and 8 will feature interactive art demonstrations, arts and fine crafts exhibitors, children's workshops, live music, and great food." What makes this different than a regular "craft show" is the input from Touchstone Center for Crafts. When originally founded in 1972 their mission was to ‘foster interest in the preservation of traditional mountain crafts." That's where the demonstrations including metal working, blacksmithing, pottery, and painting come into the event. They have expanded their class offerings to include more modern arts and crafts. Check out their class schedules. Kelly, a good friend of ours is very excited t...
Comments 0
By Robert Wagner, Your CHOICE for Real Estate.
(BHHS The Preferred Realty 3802 St RT 31 Donegal, PA 15628)
1144 Tanyard $157,000 106 Four Seasons $25,000 1222 Veech Lane $118,000 We keep a multitude of statistical information and welcome the opportunity to share our market knowledge with motivated parties. Recorded sales transfers for the resorts are acquired electronically from records inputted at the Somerset County Court House, Office of the Recorder of Deeds. We review sales in Jefferson (Hidden Valley) and Middlecreek (Seven Springs) Townships on a weekly basis. Prices do not reflect bill of sales and other out of settlement transfers. Furnishings, which are included in the majority of sales are assigned no monetary value. We do not post transfers that carry $1.00 values.
Comments 0
Hidden Valley, PA Real Estate Professionals