Thursday, April 4, 2013
Single families selling for less than asking despite being held on the market for nearly a year.
Welcome to Belmont Patch's Thursday feature: Sold! Each week at this time, we'll show you some of the residences purchased in and around Belmont. Click on the photo at right to look at a photo gallery of homes that sold up until April 4. The same information without photos is available below in an easy-to-scan list. In the market for a new home? Be sure to check out our House Hunt column on Fridays for open houses in your area. (Click on the photo at right to look at a photo gallery of homes that sold in Belmont until April 4.) 7 Belmont Circle #1., Condominium. Sold: $285,000. Initial listing: $325,000. Square feet: 935 sq.-ft. Rooms: 5. Bedrooms: 3, Baths: 1. On the market: 107 days. 45 Fieldmont Rd., English Tutor (c.1930). Sold: $1,…
Wednesday, March 27, 2013
Year-to-date median prices up by more than 10 percent.
While the number of single-family sales in the Town of Homes is slowed over the first two months of 2013, the typical Belmont home price has jumped in the past month and since the beginning of the year. Only four homes were sold in town in February compared to seven during the same month last year. Statewide, a total of 2,246 homes sold in February, a five percent decrease from 2,366 sales in February 2012, the first month since December 2011 that home sales posted a decrease. "Two factors caused this modest drop in February: low inventory and a comparison with a strong previous year of sales," said Timothy M. Warren Jr., CEO of The Warren Group, the publisher of Banker and Tradesman. With the drop in sales is countered by a more than …
Monday, December 31, 2012
Figures through the first 11 months of the year.
Home sales have rebounded in Belmont with a month to go in 2012 as single-family houses sales have increased by 20 percent over the same 11 month period in 2011, according to statistics gathered by the Warren Group, the Boston-based real estate and banking information publishers for New England. By the end of November, 177 single families were sold, 29 more than in 2011 when 148 were bought. While sales soared, median prices for single family homes stayed stable falling by a barely audiable one quarter of one percent from $692,500 in 2011 to $690,885 in November of this year. Statewide, median price for homes sold January through November was $288,000, down 0.35 percent from $289,000 in the prior year. Condominiums showed even better …
