What Happened in July?

By
Real Estate Agent with Keller Williams Realty - Topsfield, MA 92593-B

Now that we're into August I decided to show the July SOLD statistics for our little New England town of Georgetown, Massachusetts. The market is still strong driven by high demand and low inventory. Included in the numbers are Single Family, Multi-Family, Condos, and Land. As you'll see there were 14 sales with the average Days on Market being at 15.

 

Price Range # of
Listings
Avg. Days
on Market
Avg. Days
to Offer
Average
Sale Price
  Average
List Price
SP:LP
Ratio
Average
Orig Price
SP:OP
Ratio
$0 - $49,999 0 0 0 $0   $0 0 $0 0
$50,000 - $99,999 0 0 0 $0   $0 0 $0 0
$100,000 - $149,999 0 0 0 $0   $0 0 $0 0
$150,000 - $199,999 0 0 0 $0   $0 0 $0 0
$200,000 - $249,999 2 63 48 $225,000   $296,000 82 $296,000 82
$250,000 - $299,999 0 0 0 $0   $0 0 $0 0
$300,000 - $349,999 1 13 4 $310,000   $299,900 103 $299,900 103
$350,000 - $399,999 1 5 5 $364,000   $329,900 110 $329,900 110
$400,000 - $449,999 2 26 12 $429,250   $425,000 101 $427,500 100
$450,000 - $499,999 1 33 19 $495,000   $499,900 99 $499,900 99
$500,000 - $599,999 2 17 3 $546,888   $549,000 100 $549,000 100
$600,000 - $699,999 2 13 5 $646,250   $632,400 102 $632,400 102
$700,000 - $799,999 3 27 16 $737,588   $716,267 103 $722,933 102
$800,000 - $899,999 0 0 0 $0   $0 0 $0 0
$900,000 - $999,999 0 0 0 $0   $0 0 $0 0
$1,000,000 - $1,499,999 0 0 0 $0   $0 0 $0 0
$1,500,000 - $1,999,999 0 0 0 $0   $0 0 $0 0
$2,000,000 - $2,499,999 0 0 0 $0   $0 0 $0 0
$2,500,000 - $2,999,999 0 0 0 $0   $0 0 $0 0
$3,000,000 - $3,999,999 0 0 0 $0   $0 0 $0 0
$4,000,000 - $4,999,999 0 0 0 $0   $0 0 $0 0
$5,000,000 - $9,999,999 0 0 0 $0   $0 0 $0 0
$10,000,000 - $99,999,999 0 0 0 $0   $0 0 $0 0
Total Properties 14 Avg. 26 Avg. 15 $505,467   $505,950 99 $507,736 99
Lowest Price: $225,000 Median Price: $517,000
Highest Price: $787,865 Average Price: $505,467
Total Market Volume: $7,076,540
Posted by

I pray that God our Father and the Lord Jesus Christ will be kind to you and bless you with peace

2 Thessalonians 1:2

 

Doug Dawes REALTOR®, AWREP, LMC

Broker Sales Associate

KELLER WILLIAMS REALTY - Topsfield/Newburyport

49 Main Street
Topsfield, MA 01983
 978-887-3995  ~ Office
 978-270-3037  ~ Cell
 DougDawes@KW.com

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Show All Comments
Rainmaker
2,198,677
Grant Schneider
Performance Development Strategies - Armonk, NY
Your Coach Helping You Create Successful Outcomes

Hi Doug Dawes - now is a good time to sell.  It is a good time to buy if you have all your financing ready when a house comes on the market.

Aug 05, 2020 07:37 AM #1
Rainmaker
875,222
Doug Dawes
Keller Williams Realty - Topsfield, MA - Georgetown, MA
Your Personal Realtor®

in some areas, (the more expensive towns around us) there is a real slowdown in property sales Grant Schneider BUT you are right, it is a good time to sell.

Aug 05, 2020 10:54 AM #4
Rainmaker
5,387,976
Barbara Todaro
RE/MAX Executive Realty - Retired - Franklin, MA
Previously Affiliated with The Todaro Team

Hi Doug.... that's thin inventory.... the prices are very healthy....

Aug 05, 2020 03:15 PM #5
Rainmaker
4,381,708
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Doug, great market update for Georgetown, and think many cities are experiencing very low inventory.

Aug 05, 2020 03:42 PM #6
Rainmaker
875,222
Doug Dawes
Keller Williams Realty - Topsfield, MA - Georgetown, MA
Your Personal Realtor®

This morning our inventory for the town is 4 single-family homes, 2 pieces of land, 3 commercial rentals, and 1 commercial sale Barbara Todaro THAT is anorexic!!! BUT there are 26 properties that are CTG or UAG

Aug 06, 2020 06:59 AM #7
Rainmaker
875,222
Doug Dawes
Keller Williams Realty - Topsfield, MA - Georgetown, MA
Your Personal Realtor®

Right now our town is slow and it's August Joan Cox This whole health epidemic needs to end or it'll be the ruination of the economy 

Aug 06, 2020 07:01 AM #8
Rainmaker
1,590,442
Kat Palmiotti
406-270-3667, kat@thehousekat.com, Broker, Blackstone Realty Group - brokered by eXp Realty - Kalispell, MT
The House Kat

15 days on market, limited inventory - it sounds like sellers in your area need to call you NOW to get their homes on the market!

Aug 08, 2020 06:32 AM #9
Rainmaker
875,222
Doug Dawes
Keller Williams Realty - Topsfield, MA - Georgetown, MA
Your Personal Realtor®

Sounds reasonable to me Kat Palmiotti Things are in the August doldrums know

Aug 08, 2020 10:01 AM #10
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Rainmaker
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Doug Dawes

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