Market Update: Beverlywood Real Estate

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Market Update: Beverlywood Real Estate

According to the MLS, a total of 14 homes sold in the Beverlywood and Adjacent area during the entire month of November 2011, compared to 14 last month and 12 in November 2010.  The single family homes that sold were on the market for an average of 52 days, compared to an average of 62 days last month, and sold for 98.16% of their asking price at an average of $411.64 per sq. ft. Currently, there are 56 Single Family homes for sale, compared to 64 last month. These homes have been on the market for an average of 96 days.  31 Single Family homes are now in escrow re-affirming the strong demand for homes in one of the best neighborhoods on the Westside.

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