Kenilworth Real Estate Market Report - November 2012

The market is beginning its annual end-of-year slow down but there are still lots of buyers

looking for homes. I just put a listing under contract this weekend for a 2013 close.  Inventory is low and well-priced homes are not taking long to sell.  Prices have not risen - rather they are just flatlined for now.

Here are the statistics for Kenilworth:

Sold Homes:    11

Average List Price:  $619,000

Average Sell Price:  $583,000

List to Sell Price Ratio:  94%  
 
Average Days on Market:  113

With only one house selling in November in Kenilworth, the average list and sell prices are skewed.  Normally, those numbers are much higher, usually well over $1 million.  But the list to sell ratio is good and 113 days on market is very good.