Real Estate Market Trends for Bedford, MA.
Curtis Knight, REALTOR provides Real Estate Market trends, tips, tricks.
Call or text 978-590-5910 with questions, and for market updates, tips!
Market trends, sales and home prices in the Bedford, MA area as of 02-11-19.
As an example, in the past 90 days 45% of the 20 houses sold in Bedford went for at or above the asking price and
the average sold price was $805,000.
Homes are now averaging 70 days on the market in Bedford, MA.
As of 02-11-19 there are 23 homes currently for sale in Bedford, MA
20 homes over 90 days divided by 3 months = 6.67 houses per month.
23 houses currently available for sale divided by 6.67 houses per month = 3.5 months of “inventory” ( houses available for sale.)
which means we currently have 3.5 months worth of inventory in Bedford, MA and that is considered A Seller’s market
0 – 5 months of inventory available is a Seller’s market.
5 – 7 months of inventory available is a Neutral market.
7 or more months of inventory available is a Buyer’s market.
Call / text Real Estate questions: 978-590-5910! Contact me if you want to watch instructional videos about buying or selling homes, or if you need guidance or education in buying or selling Real Estate. I am happy to help!
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Curtis Knight, Bedford, MA Real Estate Agent / REALTOR provides current stats on Bedford, MA area Real Estate. Remember Curtis owns and operates CKE ~ Curtis Knight Entertainment and we have your DJ MC, Videography, Uplighting, Photography, Photo Booth, Justice of the Peace and GOBO Monogram.
Bedford, MA Real Estate REALTOR Curtis Knight Tips Trends Market