North Shore Single Family Average Sold Prices 2008-2009
A report in the ‘North Shore Realtor News’ reveals the eye opening truth of SOLD prices for northshore properties in the past year.
Average ’08 Average ’09 % +/-
January $466,313 $371,377 -20.4%
February $385,500 $422,249 9.5%
March $371,320 $312,364 -15.9%
April $413,283 $341,140 -17.5%
May $402,179 $343,202 -14.7%
June $399,482 $359,726 -10.0%
July $398,586 $341,583 -14.3%
August $411,115 $383,079 -6.8%
September $380,571 $365,198 -4.0%
October $376,100 $408,078 8.5%
November $400,273 $366,810 -8.4%
December $358,193 $412,603 15.2%
Over all average $396,810 $368,951 -7.0%
KEY POINTS:
- In December February and October sold prices of single family homes have increased.
- For the year we home prices have dropped 7% year over year.
Next Blog we will take a look a Condominium average sale prices for the past year.
When you decide you would like to start the preliminary steps with an up to date market analysis, contact me at 978-882-4075 or visit my informative state of the art website at
www.MikeQuail.com for an infinite amount of helpful tips and related links. There’s no time like the present to sit with me and talk about your Real Estate needs. For more information on trends in Real Estate that can effect you and your family, go to www.MikeQuail.com
Covering North Shore towns of Beverly, Danvers, Salem, Wenham, Peabody, Swampscott, Hamilton, Topsfield, Rowley, Lynnfield, Georgetown, and Marblehead.
Today’s Real Estate market values are changing and with this in mind a CMA is even more important than in the past. Know the facts, make a plan and hire Mike Quail for the ‘know how’ to get the job done.
BUYERS…………..For a FREE List of FORECLOSED homes for sale check out www.NorthShoreForeclosureList.com
SELLERS……………For a FREE INSTANT HOME VALUE www.MikeQuail.com and click INSTANT HOME VALUE
And remember…….“LEAVE THE SALE TO QUAIL!”
