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Posts in category 'West Warren'

Bain Real Estate - Market Update

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September
19

Dear Neighbor, 

 

In the spirit of getting back to normal, our neighborhood letters are out again with hopes of keeping you informed on local sales, offerings, trends and the Bain perspective. 

 

The pandemic unleashed a flight to Warren from NYC, swelling our schools, absorbing our housing inventory and pushing our values to levels not seen in a long time, if ever.  

 

All of this has some buyers and many more sellers on the sidelines waiting.  Waiting for what is the question. The idea that the market will be flush with listings soon is not realistic. It is a seller's market. We predict this new paradigm will be here for a number of years to come. 

 

In the whole of Warren there were 30 property sales in the last 12 months, 4 o...

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September
25

Bain Real Estate West Warren 2019 September Marketing Report.

PLEASE CLICK HERE TO SEE THE MAP.

 

Dear Neighbor,

 

While autumn quickly approaches, 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 6 residential sales last year, down from 11 the year before.

 

  

10 Partridge Road

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August
4

 

Bain Real Estate West Warren 2018 Market Report.

Dear Neighbor,

PLEASE CLICK HERE TO SEE THE MAP

 

The Warren market continues strong.  Last year we reported 27 residential sales while this past year had 26. There were 5 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 7 residential sales last year!  

 

235 Kent Road was a bank sale of a 1094 square foot 3 bedroom, 2.5 bath ranch built in 1970 on 3.56 acres....

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April
1

PLEASE CLICK HERE TO SEE THE MAP.

Dear Neighbor,

Well, it's April and the flowers are starting to come up and the song birds are back! 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

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February
1

PLEASE CLICK HERE TO SEE THE MAP.

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):

In 2007 there w...

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