5 Year Real Estate Market Summary
Area 20 – Bedford
Average Days on Market hasusually been a little longer than the HRM average and has increased more the past two years.
My 5 year average DOM is 44 and is much shorter than the 5 year average of 120 in Bedford because I have an effective formula for success. Be sure to ask for details.
As a buyer, you have a great chance of negotiating a good deal if a property has been on the market longer than the average in the Bedford area.
The number of listings that actually sold is lower than the HRM average the past three years which has sold on par previously.
The city market is down everywhere with some areas being far lower. 2015 is predicted to be a better performing marketplace.
The Bedford area is consistently above average in sale price as compared to the rest of HRM.
The five year average increase in home values for Bedford is 7.5%, only marginally more than the rest of the city at 7%.
As a buyer, this area is a great place to start and raise a family.
If you’d like a more custom in-depth property evaluation, please do not hesitate to contact me. I’d be happy to do it for you at no cost to you.
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