August Sales In Salem
If only the pun were true; August sales were a little wan compared to July. Of course, the dates on these reflect the date the house was closed on, not the date the purchase & sale was signed. Buying a home generally takes at least 6 weeks in my experience, so these houses sold in midsummer.
If these 3 listings say anything, it’s that new buyers are coming to the market to meet the falling prices, and that’s a good sign for the long term.
If you are looking for a house or condo, it’s a good idea to spend some time poking around recent sales — just check the box under Advanced Search and your neighborhood searches will include past sales. This is the real, raw data that any market estimate is based on, and it’s easy to do a drive-by and see the houses that sold for whatever they sold for…. What I man is, if it seems like a house sold for peanuts, don’t judge the whole neghborhood; you could go over there and see that the new owner is rehabbing the place, and that it was priced accordingly. Etc.
Now eat your data.
3 Horton Court
Salem, MA 01970
Beds: 3/Baths: 1
SQ.FT.:806
$117,900
146 North Street, #1
Salem, MA 01970
Beds: 1/Baths: 1
SQ.FT.:769
$ 169,000
25 Liberty Hill, #3
Salem, MA 01970
Beds: 2/Baths:1
SQ.FT.: 800
$115,000
A Tour Of Beverly In 3 Listings