Bedford MA Real Estate - Market Update for October 2010
In order to keep my clients on top of the Bedford, MA real estate market, I am happy to provide monthly market reports for homes sold in the towns I represent. If you would like any additional data please email me at pldowcett@gmail.com
The real estate market in Bedford, MA is very solid considering the economic difficulties we are experiencing. As a real estate agent for Coldwell Banker in Concord, MA I have the knowledge of the market conditions. If you have to sell or if you are buying a home, this monthly report will assist you in learning what is happening to the average sale price, days on market and other important information.
As of October 31, 2010 there have been a total of 73 homes SOLD in Bedford, MA between $246,500 and $1,235,000.
- Average list price: $646,000
- Average sale price: $622,000
- Average market time: 68 days
For the same period ending October 31, 2009 there were 62 homes SOLD between $225,000 and $1,205,000.
- Average list price: $587,000
- Average sale price: $572,000
- Average market time: 70 days
Within the month of October 2010 there were 5 homes under agreement between $429,000 and $885,000.
- Average list price $652,000
- Average market time: 44 days
For the month of October 2010 there were 6 homes SOLD between $246,500 and $1,000,000.
- Average list price: $602,000
- Average sale price: $552,000
- Average market time: 94 days
For the month of October 2009 there were 6 homes that SOLD between $535,000 and $991,500.
- Average list price: $761,500
- Average sale price: $743,000
- Average market time: 60 days
There are currently 45 single family listings on the market in Bedford, MA between $309,000 and $1,389,000 with an average list price of $654,000 and $1,389,000.
There has been an increase of 11 homes sold in 2010 compared to 2009.
About Bedford, Massachusetts
The town of Bedford has retained both natural and architectural beauty. Visitors to Bedford find an attractive historic district and town common in the center, the 1790 Job Lane house, and several national historic landmarks. It boasts the oldest American Flag in the United States history, which is on display at the library. Each April the Bedford Minuteman Company re-enacts the early battles of the Revolutionary War. Bedford Day is celebrated every September with a parade, street fair and live entertainment.
Outdoor recreation is year round. Recreation activities include a swimming pond, a lake for boating, public boat launch on the Concord River, bike-path to Cambridge, walking the many trails of conservation land, canoeing, kayaking, fishing and cross-country skiing.
The charm of Bedford and its small town feel are enhanced by the convenient shopping, nearby restaurants and the beauty of the town. Combine that with its convenient 15 mile commute to Boston its no wonder why residents believe it is a great place to call home!
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