Friday, March 6, 2009

Weekly Update for the Week Ending March 6th


The weekly numbers are in and the pre-spring market is looking pretty good as new home buyers are arriving in town to purchase their new home for an early summer/last spring move.

This week our real estate market saw 81 new listings come on the market, up from 69 new listings last week. Here's the breakdown:

  • 11 Condos/PUD's
  • 1 Multi-family
  • 69 Single family homes

The new condo/PUD listings range in price with the low end being an Eagle Point condo listed for $54,900 (find our more about this listing in yesterday's listing of the day on the b-town Report). The highest priced condo/PUD of the week came in at $254,900 for a re-list in The Gables of Brighton Point. This attached PUD has three bedrooms and three full baths. The Gables is a lovely neighborhood on the east side.

As for the single family homes that are new on the market, the vast majority are listed between $130,000 to $180,000. The low priced home is 1900+ square foot 1910 bungalow in Bedford coming in at a very low $19,900. Now let's go to the opposite end of the spectrum with the highest priced new listing of the week: $625,000 will buy this 4400 square foot home in popular Hyde Park. Built in 2005, this all brick custom built home has "top shelf finishes throughout" according to the listing agent.

Now for the sales of the week: 32 properties closed, down slightly from last week's number of 35. Here's the breakdown:

  • 1 Condo/PUD
  • 3 Land listings
  • 28 Single family homes

On the low end, $13,000 could have bought you a 766 square foot house in Bloomfield. The highest seller of the week brought $380,000 for this 5 bedroom/3 bath home in The Stands. Here's a more in-depth price breakdown:

  • 11 homes sold for under $100,000
  • 4 homes sold between $125,000 and $150,000
  • 5 homes sold between $152,000 and $199,000
  • 2 homes sold between $200,00 and $250,000
  • 3 homes sold between $250,000 and $300,000
  • 2 homes sold between $350,000 and $400,000

Those are the numbers for the week. Check in over the weekend for a great link to a real estate podcast!

No comments:

Post a Comment