Posts from May 2014
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Bain Real Estate Merryall 2014 May Market Report
PLEASE CLICK HERE TO SEE THE MAP.
Dear Neighbor,
Well, Memorial Day is upon us again and I hope your summer plans are in place. It's been a long hard winter and we deserve these spring luscious days! The market is improving as well with prices firming up and more traffic coming in through our doors!
The activity in your neighborhood this past year (May to May) has been slower than last year (4 sales as opposed to 10), but I think this maybe the calm before the storm and predict a robust summer and fall.
Let's take a look at what happened.
Starting up at 32 Bridle Road, a 2170 square foot colonial with 4 bedrooms and 2.5 baths built in 1982 on .92 acres sold quickly in 58 days in June for $224,175, down from its list price of $245,000. This property so...
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Bain Real Estate Northern Merryall 2014 May Market Report
PLEASE CLICK HERE TO SEE THE MAP.
Dear Neighbor,
This is the 13th year we have written a letter to tell you what's happened in real estate in your neighborhood this last year. We really are coming out of "the great recession." Buyers have been out, taking advantage of low prices and low interest rates and are out in greater numbers. And we think it's going to be a good Summer. Last year there were 6 sales in the neighborhood, down from 9 the previous year. We expect the numbers will be up in next year's letter!
So far this past year selling times have dropped to under 6 months. There has been a 14% gro...
1
Bain Real Estate Merryall Long Mountain 2014 May Market Report
PLEASE CLICK HERE TO SEE THE MAP.
Dear Neighbor,
We welcome May!! What a winter it has been. I'm glad to be writing this 13th annual letter about the activity in your neighborhood. Then I get to get into the garden!
Things are definitely picking up. So far this past year selling times have dropped to under 6 months. There has been a 14% growth in Litchfield County transactions in 2013 and a 17% growth in dollar sales while appreciation rates are relatively level. We at Bain have had another successful year, out producing our competition in our service area.
Here is the neighborhood volume from the hay days...