Beacon Hill which has been one of our All-Stars in this housing downturn continues to see improvement.
There are currently 89 homes on the market for an average sale price of $904,576 while spending 109 days on the market. This is a decrease (a good thing if you are a seller) compared to 109 homes on the market last year.
The best news is that we saw 25 homes sell in May of 2011 compared to 12 homes last year. The average sale price was $756,180 which was a drastic improvement of last years $527,333. We now have 6.94 months worth of inventory in Beacon Hill compared to last years 11.28 months worth of inventory. This is a dramatic improvement and really shows the health of the Beacon Hil, MA Real Estate Market.
If you are thinking about buying or selling a home in Beacon Hill, then give Jeffrey Chubb of RE/MAX Select a call at 617-480-2600 or visit him on the web at www.MoveWithChubb.com. His expertise is second to none as he is one of the top agents in the state and sells on average a home a week. You won’t be disappointed!
Wondering what your home is worth, then get a Certified Market Analysis dropped into your INBOX today by visiting www.MAPropertyValue.com.