This week I have gotten away from my blogs on the subdivisions in Cedar City, I need to get back them. Cedar Crest Subdivision is an interesting subdivision in Cedar City. It is located near the Old Hospital, close to almost everything in town. It was built in the late 1960’s and early 1970’s. This is a subdivision that has seen a lot of investors buying rental properties. There are also several homeowners that live in the subdivision.
Cedar Crest is a subdivision that seems to be transitioning from the investor market to the owner occupant area. There is currently one home listed for sale in our MLS at $149K. This subdivision does have mature trees and a great location.
Market Update 2/2/2012: There are currently 2 homes listed for sale in the Multiple Listing Service. One is listed at $115,900 and the other at $121,000. In the past 12 months there have been 2 homes sell. One sold at $86,500 and the other at $109,900. There is currently 1 building lot listed for sale, it is .23 of an acre and listed for $38,900.
Here are photos of some of the homes: