Market Update: According to the MLS, a total of 18 homes sold in the Beverlywood and Adjacent area during the entire month of July 2011, compared to 15 last month and 12 in July 2010. The homes that sold were on the market for an average of 48 days, compared to an average of 54 days last month, and sold for 96.72% of their asking price at an average of $447.68 per sq. ft.
Currently, there are 67 Single Family homes for sale, compared to 59 last month. These homes have been on the market for an average of 61 days. 33 Single Family homes are now in escrow and they range in price from $349,000 at the low to $1,695,000 at the high.