Beverlywood Area Real Estate Market News March 2015

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Beverlywood Area Real Estate Market News
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Beverlywood Area Real Estate Market News March 2015 by Dan May

Market Update:  According to the MLS, a total of 8 homes sold in the Beverlywood and Adjacent area during the entire month of February 2015 compared to 15 last month and 10 in February 2014.  The single family homes that sold took an average of 82 days, compared to an average of 44 days the month prior, and sold for 98.97% of their asking price at an average of $578.67 per sq. ft. Currently, there are only 16 Single Family homes for sale, compared to 18 last month, and 32 this time last year. The 16 For Sale single family homes have been on the market for an average of 59 days with a median price of $1,255,000 and an average of $1,418,813. The MLS shows there are currently 34 Single Family homes in escrow.   

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