It has been a great start to the year for home sales in the area. So far this year 9 homes have sold for an average of $712,000. Strong demand has resulted in homes selling for an average of 107.6% of their list price and after just 9 days on market.
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Beechwood & Maple Hills |
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Monthly Market Update |
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February |
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2020 |
2019 |
2018 |
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Homes Sold |
6 |
2 |
2 |
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Average List Price |
$626,000 |
$640,000 |
$769,000 |
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Average Selling Price |
$667,000 |
$651,000 |
$799,000 |
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% of List |
106.5% |
101.7% |
103.9% |
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Days on Market |
6 |
43 |
21 |
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Year to Date (Jan 1- February 29) |
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2020 |
2019 |
2018 |
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Homes Sold |
9 |
5 |
4 |
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Average List Price |
$662,000 |
$682,000 |
$824,000 |
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Average Selling Price |
$712,000 |
$697,000 |
$823,000 |
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% of List |
107.6% |
102.2% |
99.9% |
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Days on Market |
9 |
42 |
38 |
Demand is quite high and there are very few homes available for sale at the moment. Spring is typically the best time to sell so if you are considering it please let me know