Bedford Massachusetts Real Estate - Market Update for August 2010 If you would like any additional information please call Peggy Dowcett, Coldwell Banker at 978.302.3988 As of August 31, 2010 there have been a total of 58 single family homesSold in Bedford, MA between $290,000 and $1,021,000. The average list price was $636,000 and the average sale price was $614,250. The average market time was 59 days. As of August 31, 2009 there were 49 homes sold in Bedford, MA between $225,000 and 1,150,000. The average list price was $559,200 and the average sale price was $545,000. The average market time was 69 days. Within the month of August, 2010 there were 6 homes that sold between $375,000 and $950,000. The average list price was $604,000 and the average sale price was $595,000. The average... 09/11/2010

Real Estate Market Update Report for Bedford, MA July 2010 Call Peggy Dowcett for your real estate needs at 978-302-3988. As of July 31, 2010 the market update report showed that there were 40 homes for sale in Bedford between $320,000 and $1,449,000: Average list price: $705,000 Average days on market: 105 There were 13 homes SOLD in Bedford between $290,000 and $1,150,000: Average list price: $647,000 Average sale price: $623,000 Average days on market: 61 Note that 2 homes SOLD for over $1,000,000.  There were 7 homes under agreement in Bedford between $375,000 and $592,500: Average list price: $517,000 Average days on market: 29 In July 2009 there were 6 homes SOLD in Bedford with a average sale price of $469,000 and 63 days on market. July 2010 was so much better than 2009. As of J... 08/16/2010

The Bedford MA real estate and home buying process can be complicated and you will benefit from the guidance of industry professionals. A real estate buyer's agent, mortgage lender and an attorney are the primary advisers in the purchase of property. If you are a first-time home buyer or an existing owner, you may qualify for a tax credit and could be eligible for special financing programs. Start your search be determining your price range, housing needs and lifestyle you desire. Bedford MA real estate will assist you in finding the right property to meet your needs from local area homes for sale, foreclosed listings (bank-owned), land, condominiums,  all through the MA Multiple Listing Service (MLS). Request relocation, school and demographic information. Visit Bedford MA foreclosures... 05/23/2010

Newton Massachusetts Market Report - 2009 The real estate and homes sold activity for Condominiums in Bedford, Massachusetts shows that there were 17 Condominiums transacted in 2009 with an average sales price of $415,188 and an average days on the market (DOM) of 109.  As of February 28, 2010, there were 10 Condominiums on the market with a median listing price of $395,000 and an average DOM of 53.        MA Real Estate - Community, relocation and school information with town demographics. MA Foreclosures - Obtain a list of foreclosed and bank owned real estate and short sales MA MLS - View all listings in the statewide MLS. Bedford MA Real Estate - Information for home buyers and home sellers in Bedford, MA. Bedford MA Listings - View all listings in Bedford MA MA Homes for Sale - Map... 03/17/2010

Below I have given the facts and figures of properties in BEDFORD MASSACHUSETTS that have been sold in the months of October as well as November in 2008.   In BEDFORD MASSACHUSETTS in the month of October, there were 12 SINGLE FAMILY HOMES sold. The average LISTING price per property was $778,433. The average SOLD price per property was $746,254. The average DAYS ON MARKET was 88.08.                                                                                      In BEDFORD MASSACHUSETTS in the month of November, there were 6 SINGLE FAMILY homes sold. The average LISTING price per property was $544,717. The average SOLD price per property was $538,377. The average DAYS ON MARKET was 44.83. 12/09/2008

The number of single family homes sold in Bedford, MA during the month of November decreased from 8 sold (2007) to 6 homes sold in 2008. The average selling price also decreased from $644,209 in 2007 to $538,377 in 2008.  The average DOM (Days on Market) decreased dramatically to 45 days from 151 in 2007. 12/03/2008

  These two graphs show the Market report for Bedford MA starting in the year 2006 and ending presently. What is interesting to look at is that even though we are in a "down market", the average time on the market is significantly lower than the previous two years. Also a key point is that the price of homes is not down like much of the public thinks. The price is actually up 3% from last year and up 4% from 2006. 11/25/2008

The number of single family homes sold in Bedford, MA during the month of October increased 50% from 8 sold (2007) to 12 homes sold in 2008. The average selling price decreased slightly from $755,475 in 2007 to $746,254 in 2008.  The average DOM (Days on Market) dropped significantly to 88 days from 121 in 2007. 11/14/2008

 Bedford's single family home sales market  is having a strong summer, but may be running out of homes to sell. With August sales numbers in, the summer has been strong, volume is slightly low, but prices have been rising since the May low. The graph below shows a line for the median price and bars for the numbers of homes sold.   In the Single Family market, there were only 30 properties listed September 1.  This represents a 32% decrease in inventory from the same time last year. August sales volume continued the summer surge with 14 home sales. Along with the increased volume the sales prices increased slightly. The average time on market dropped to only 57 days. The summer's spike in volume has reduced the supply of property to only 2 months, keeping the Bedford market in favor of t... 09/02/2008

A friend of mine, Mary Mady, has been very successful in forming a new organization for adult education in the area.  The Bedford Learning Connection. Here is a brief on the programs and a web link to go see if you find anything that you would like to learn about.  The Bedford Learning Connection, Inc.P. O. Box 765, Bedford, MA 01730www.bedfordlearningconnection.org  The BLC is a nonprofit community organization that offers a unique curriculum of community education classes and workshops presented by individuals and town organizations and businesses. Courses include arts and crafts, home and garden workshops, outdoor courses and events, lectures, discussions, languages, storytelling, green home remodeling, and organic gardening. Courses are held in various locations in Bedford and BLC a... 08/12/2008

First a review of where we came from. For Bedford, the market volume peaked in 2004, and the prices peaked in 2005, at an annual median price of $530,000. Prices have shown only a 1% pullback since that time. The number of homes sold in 2004 was 134. In 2007, 140 homes sold so the volume has in fact risen. So far in the first half of 2008 there have only been 35 sales, so this year the market volume is low. There is a seasonal effect on the Bedford market with Q1 (Jan, Feb, Mar) being the low and Q4 (Oct, Nov, Dec) being somewhat weak also. This seasonality should be taken into account when looking at any monthly data. 2008 Q1 and Q2 volume was very low, but June was strong and July also so the strong summer seems to be holding. Generally there have been fewer homes on the market this y... 08/03/2008

Absorption Rates By Month The rate at which properties sell per month Property Type: Single Family Towns: Bedford, MA November 2005 through October 2006 Date Sold For Sale Absorption Rate Month Year Units MedianPrice DOM Units MedianPrice DOM Sale $ to List $ Units Sold / Units For Sale November 2005 12 $590,000 93 73 $619,000 75 95.3% 16.4% December 2005 6 $665,000 44 57 $619,000 104 107.4% 10.5% January 2006 6 $525,000 91 63 $639,000 91 82.2% 9.5% February 2006 3 $600,000 115 71 $625,000 81 96.0% 4.2% March 2006 6 $790,000 89 79 $585,000 79 135.0% 7.6% April 2006 12 $730,000 49 75 $569,000 89 128.3% 16.0% May 2006 10 $564,000 65 90 $580,000 87 97.2% 11.1% June 2006 15 $507,000 79 112 $585,000 87 86.7% 13.4% July 2006 6 $728,000 46 113 $579,000 97 125.7% 5.3% August 2006 13 $530,000 1... 11/26/2007

Months of Inventory Property Type: Single Family Towns: Bedford, MA Price Range Active Listings Sold Listings 11/19/2006 - 11/18/2007 Months of Inventory # Listings % Total DOM # Listings % Total DOM $300,000 - $349,999 0 0.00% 0 8 5.56% 79 0.0 $350,000 - $399,999 3 8.82% 84 12 8.33% 88 3.0 $400,000 - $449,999 4 11.76% 69 27 18.75% 94 1.8 $450,000 - $499,999 1 2.94% 39 17 11.81% 55 0.7 $500,000 - $599,999 4 11.76% 190 30 20.83% 117 1.6 $600,000 - $699,999 2 5.88% 82 8 5.56% 103 3.0 $700,000 - $799,999 5 14.71% 107 13 9.03% 184 4.6 $800,000 - $899,999 10 29.41% 95 12 8.33% 136 10.0 $900,000 - $999,999 2 5.88% 106 9 6.25% 136 2.7 $1,000,000 - $1,499,999 3 8.82% 112 8 5.56% 203 4.5   34 100% 104 144 100% 114 2.8 11/18/2007

Sales by Price Band Period: 1/1/07 - 11/5/07 Property Type: Single Family Location: Bedford, MA Sold Price Range # Sold Listings % Total Avg Days on Market $300,000 - $349,999 6 4.9% 77 $350,000 - $399,999 7 5.7% 79 $400,000 - $449,999 23 18.9% 94 $450,000 - $499,999 16 13.1% 58 $500,000 - $599,999 25 20.5% 118 $600,000 - $699,999 8 6.6% 103 $700,000 - $799,999 12 9.8% 169 $800,000 - $899,999 10 8.2% 149 $900,000 - $999,999 8 6.6% 134 $1,000,000 - $1,499,999 7 5.7% 205 Total SoldListings AverageDays OnMarket MedianPrice AveragePrice LowestPrice HighestPrice 122 114 $518,000 $599,614 $300,000 $1,275,000 11/06/2007