Bain Real Estate Northwest 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 5 residential sales last year, down from 12 the year before. Again, an example of a slowing in the market.
One of the more exciting and recent sale...
Bain Real Estate Northwest Warren 2018 July Market Report.
Dear Neighbors,
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The Warren market continues strong. Last year, we reported 27 residential sales while this past year had 26 of them were over $1M and 10 were below $500,000, a nice balance. The economy has reacted well to the tax cuts and we hope that will bring continued growth to our market. It is an election year so we will have to wait to see how things settle out.
In your neighborhood there were 12 residential sales last year!
Let's start up north on the East side or Route 45 where #245 sold last August for $555,000, just under its list of $59...
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Dear Neighbor,
It's also time for our annual update on what's been happening in Warren and in your neighborhood over the last 12 months. The economy in the country is improving and the real estate market in the Northwest Corner is slowly gaining strength.
Here's a little Warren history (our reporting year actually runs from February to February):
In 2007 there were 38 homes on the market and 15 sold.
In 2008 there were 36 homes on the market and 8 sold.
In 2009 there were 40 homes on the market and 10
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Dear Neighbor,
Well, it's February and time for our annual update on what's happening in Warren and in your neighborhood. The good news is that the economy in the country is improving and the real estate market in the Northwest Corner is gaining strength. There are fewer foreclosures that were dragging us down and there are more buyers searching for homes (see the Warren sales stats for the last year below) and happily land parcels are seeing increasing interest even in this snow!
Here's a little Warren history (our reporting year actually runs from February to February...