Beverlywood Market Update: According to the MLS, a total of 14 homes sold in the Beverlywood and Adjacent area during the entire month of April 2012 compared to 18 last month and 10 one year ago. The single family homes that sold were on the market for an average of 39 days, compared to an average of 74 days the month prior, and sold for 99.92% of their asking price at an average of $472.02 per sq. ft. Currently, there are 43 Single Family homes for sale, compared to 37 last month and 52 last year. These homes have been on the market for an average of 73 days. The MLS says there are 35 Single Family homes in escrow again this month. Low inventory is causing buyers to decide faster and pay closer to asking price.
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