I have mentioned before that the Cedar City Real Estate Market has a few subdivisions with detached single family units mixed in with twin homes or duplex styled homes. The Terraces at Black Rock is another of those mixed subdivision in Cedar City. It is a newer subdivision built in 2005. It is another subdivision that saw a lot of sales to investors initially. It is on the East edge of the Black Rock Subdivision.
There is currently only one of the twin home units listed for sale in our MLS, listed at $110,000.
Market Update 1/13/2012: There are currently no homes listed for sale in the Multiple Listing Service. In the past 12 months there have also been no homes sell in the Terraces at Black Rock subdivision. There are no building lots for sale in the Terraces at Black Rock.
This has turned out to be one of the more stable subdivisions in the Cedar City Real Estate Market. It is still one of the more desirable subdivisions for home time buyers and investors alike.
Here are some photos: