Are you curious about what
happened in the Beverly Real Estate market in the month of March, 2016?
If so, keep reading!
In the month of March
23 single-family homes sold in
Beverly. This is a big jump from
February (14 single-family homes sold).
The lowest priced single-family
home that sold was: $235,000
The highest priced single-family
home that sold was: $820,000
To take an overview look at the
number of homes in each price ranges of the single-family homes that sold,
click here.
We
would like to share with you this month’s stats broken out by price range. Just click below:
All Price Ranges Broken Out
We
have mapped the properties for you so you know where each property is located
in the City of Beverly.
| |
|
| Reference # |
Address |
SOLD Price |
| 1 |
15 Lenox Street |
$235,000 |
| 2 |
39 School Street |
$235,000 |
| 3 |
68 Winthrop Street |
$290,000 |
| 4 |
7 Gregg Street |
$290,000 |
| 5 |
1 Edgewood Road |
$312,000 |
| 6 |
17 Sylvester Avenue |
$317,000 |
| 7 |
16 Auburn Road |
$335,500 |
| 8 |
30 Eastern Avenue |
$349,000 |
| 9 |
60 Sohier Road |
$364,900 |
| 10 |
29 Grover Street |
$365,000 |
| 11 |
25 Colgate Road |
$370,000 |
| 12 |
201 Brimbal Avenue |
$372,000 |
| 13 |
366 Elliott Street |
$373,500 |
| 14 |
25 Cornell Road |
$383,000 |
| 15 |
12 Parsons Drive |
$397,000 |
| 16 |
10 Giles Avenue |
$400,000 |
| 17 |
522Cabott Street |
$437,500 |
| 18 |
423 Essex Street |
$472,000 |
| 19 |
43 Balch Street |
$499,000 |
| 20 |
14 Crestline Circle |
$500,000 |
| 21 |
260 Dodge Street |
$770,000 |
| 22 |
2 Butman |
$775,000 |
| 23 |
62 West Street |
$820,000 |
The most sales occurred between
$300,000 and 399,999 with the number being
11 single-family homes sold.
There are some interesting facts associated with these sales… Most of these homes sold within 4-11 days,
there are a few exceptions; with the same old story being if you price your
home appropriately to the market conditions, your home will sell quickly!!
My current opinion on this is
that if you are selling a home, make sure you home is prepared for sale; price it
just under market value. (However this decision is always yours) If you home looks great and is in a fairly
good location, you will create a FRENZIE in the market. Buyers are competing for
homes in this price range ($300k - $400k).
One buyer will not know what the other buyer is offering and if they
really really want your home, they will try their damnedest to outbid the other
buyers.
If you want more tips on selling
your home, download our
Home Selling Guide, by clicking here.
Let’s take a look at the top side
of the market in the range of $700,000 -- $899,999. In the month of March in this category the
homes were on market for an average of 203 day.
I also noted that these homes sold for less than the listing price.
The moral of
this story is that every price range is different. You need to have an expert REALTOR® on your
side to guide you through the sale of your home. If you have plans and your home is in the
higher price range, we need to present a strategy for you that will get
your home sold within your time frame!
You may be
curious how this compares to the past months and years? See the Chart below:
As you can
see,
we are in a robust real estate market in Beverly. Home sales and prices are on the rise…
So, if you
want to know the value of your home because you have an interest in selling,
let us know. Joseph and I have over 30 years
of experience selling real estate. We
live and socialize on the North Shore and are very well educated in today’s
real estate market.
Call us today!
To find out
more about us,
click here.
We hope that
this information is helpful to you. If
you need to know what is happening in any other city/town in Essex or Middlesex
Counties please send me an email and let me know. I am happy to gather this information for
you.
Email Kathleen
Yes, I want to know the Value of my HOME!
If you have
any questions, do not hesitate to contact us.
Joseph Militello (978) 815-3877
Kathleen Militello (978) 500-1480
