Bain Real Estate - Market Update

Bain Real Estate East Warren 2019 August Market Report.

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Dear Neighbor,

While the weather continues warmer, the sales pace in Warren has slowed.  This year saw 17 residential sales while the previous year had 19 and the year before that had 27!  With land sales, the story is similar.  There are 15 current offerings and the last year saw only one land sale!  The previous year had 3 land sales.

In your neighborhood, there were 8 residential sales last year, down from 14 the year before.

Starting at 15 Melius Road, a beautiful 3005 sq. ft. 4 bedroom 3 bath colonial originally built in 1759 s...

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Bain Real Estate Waramaug July 2019 Market Report.

Dear Neighbor,

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Things around the lake seem to be slowing down!  Last year there were 14 sales with 3 of them passing the $4M mark.  The year before that saw 18 sales.  This past year had just 10 sales, one topped out at $5,100,000 and three more were below $1,401,000.  Perhaps we need the breathing space.  Looking ahead, there are 13 for sale, 3 asking $3.9M or more and another 6 looking for $1-3M.  That market bears watching.  Call us for details.

Here's what happened:

Following the map, right at the beginning of North Shore Road, 100.7 acres of pasture and hillside transfer...

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Bain Real Estate Ellsworth 2019 June Market Report.

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29 Morey Road- 2 acres                              

Closed for $165,000                                     

2100 sq. 1966/ 4bd-1.5 bths                          

Needs considerable remodeling                      

                                                                          ...

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Bain Real Estate Cornwall Hollow 2019 June Market Report

Deear Neighbor

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Spring has finally arrived and it is beautiful!  After the 2^nd rainiest April in recorded Cornwall history (dating back to 1905), May is full of lilies, iris, lilacs, amaryllis and rhododendrons.  Positive news continues in Real Estate, too.  Town wide in Cornwall there are currently 32 houses listed for sale, while 2 are in "continue to show" status and 3 are under deposit; there are 8 active land listings and only 1 sold has sold in the last year. The previous year there were 26 residential sales and 2 land sales!   In Cornwall Hollow there are 4 houses and 2 land listings offered.

Here is what has sold i...

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Bain Real Estate West Cornwall 2019 May Market Report

Dear Neighbor,

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            It has been a long cold winter and a very wet spring here in West Cornwall.  The loss of the restaurant (most recently Perley's) has slowed us down.  But with the arrival of May, business is perking up in the form of new listings that we think will appeal to a wide swath of residents and business investors.

            In the Good News department, the Bend, has been completed with guidance from Housatonic Valley Association.  The paving is just about to start with a ribbon cutting opening now scheduled for Saturday, June 22^nd from 2-3PM.  The town is paying for the paving which we think will be c...

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