May 2014 Market Update for Beverlywood

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According to the MLS, a total of 22 homes sold in the Beverlywood and Adjacent area during the entire month of April 2014 compared to 18 sold last month and 16 in April 2013. The single family homes that sold were on the market for an average of 67 days, compared to an average of 65 days the month prior, and sold for 99.08% of their asking price at an average of $602.33 per sq. ft. Currently, there are 33 Single Family homes for sale, compared to 34 last month, and 27 this time last year and 43 two years ago. For Sale homes have been on the market for an average of 46 days with a median price of $899,000 and an average of $1,079,568. The MLS shows there are currently 27 Single Family homes in escrow.

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