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Market trends, sales and home prices in the Bedford, MA area as of 01-05-19 .
Homes are now averaging 72 days on the market. Bedford, MA:
In the past 90 days 48% of the 27 houses sold in Bedford, went for at or above the asking price.
Average sold price was $850,000.
As of 01-05-19 there are 29 homes currently for sale in Bedford, MA
27 homes over 90 days divided by 3 months = 9 houses per month.
29 houses currently available for sale divided by 9 houses per
month = 3.2 months of “inventory” ( houses available for sale.)
So we currently have 3.2 months worth of inventory in Bedford, MA. 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