Beverlywood Market Update – March 1, 2012

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Beverlywood Market Update – March 1, 2012

According to the MLS, a total of 14 homes sold in the Beverlywood and Adjacent area during the entire month of February 2012 compared to 13 last month and 5 one year ago. The single family homes that sold were on the market for an average of 66 days, compared to an average of 78 days the month prior, and sold for 93.73% of their asking price at an average of $411.46 per sq. ft.

Currently, there are 45 Single Family homes for sale, same as last month. These homes have been on the market for an average of 88 days. The MLS says there are currently 37 Single Family homes in escrow. The demand for homes in the area continues to be strong and prices are holding up well.

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