Beverlywood Housing Market Update

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Beverlywood Housing Market Report
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Beverlywood Housing Market Update according to the MLS.  A total of 15 homes sold in the Beverlywood and Adjacent area during the entire month of June 2014 compared to 18 sold last month and 28 in June 2013.  The median price increased a whopping 21% compared to last year. The single family homes that sold were on the market for an average of 49 days, compared to an average of 58 days the month prior, and sold for 100.45% of their asking price at an average of $620.49 per sq. ft. Currently, there are 41  Beverlywood Single Family homes for sale, compared to 45 last month, and 28 this time last year and 40 two years ago. For Sale homes have been on the market for an average of 56 days with a median price of $950,000 and an average of $1,130,643. The MLS shows there are currently 38 Single Family homes in escrow.  The demand for Beverlywood housing remains strong even though there has been an increase in inventory.

All signs point to more of the same through the summer and likely til year end in the Beverlywood housing market.


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