A look at Single Family Homes in Beverly MA today

Currently there are 94 single family homes on the market in Beverly MA.

In the last 12 months 239 single family homes have sold.

The absorption rate is 4.72 months which means if single family homes continue to sell at the same rate there are enough homes on the market to last 4.72 months.

Let us know if you would like more information about the market in Beverly MA or other towns and cities from Boston through the North Shore and Cape Ann.

We currently have 57 Beaver Pond Road, Beverly MA listed for sale.

*This representation is based in whole or in part on data supplied by our MLS partners. These entities neither guarantee nor are responsible for data accuracy. Data maintained by the MLS may not reflect all real estate activity in the market.

Are you considering buying a home on Boston’s North Shore?

The MBTA commuter rail is a real asset to the communities North of Boston. We often have real estate clients follow the train line and choose communities they feel are accessible to it. When we list homes for sale in Hamilton & Wenham many people come to see them that currently live in Boston and the surrounding area. They want to move to the north shore and like the convenience of using public transportation.

The MBTA has added WIFI service and many people are taking advantage of their commuting time to work. A convenience the car cannot, or maybe should not, provide. An easy trip to Boston or any of the other towns on the line,  for pleasure is an attraction  as well.

Some look for homes that enable them to not have a car or leave their cars at home. For those that would like to drive there is an expanded parking lot at the Hamilton Wenham station.

The Hamilton Wenham train line is located right in downtown Hamilton with a shopping area that includes a market, many service businesses, drug stores, small shops, restaurants and more. Making it a great place to take off and land. Grab a cup of coffee on your way, stop at a restaurant on your way home or get a few errands done without an extra trip.

We have just listed a fabulous house at 161 Main Street, Wenham MA and it is very convenient to the train.

There are many options for train service on the North Shore and if that is appealing to you we can help you find an option that works.

We have a new office. It’s just a few doors down. It’s looking pretty slick. We look forward to having a really nice reception area and new conference rooms with nice big windows to meet with our real estate clients! We are now located at 50 Dodge Street Beverly MA. All our other contact will remain the same.

The farms around us are very busy getting ready for the planting season. There continues to be increased interest in community supported agriculture referred to as CSA’s. Were you aware that there is another option in Beverly Massachusetts? Moraine farm is now offering farm shares to the community!

Other farms that offer CSA’s on the North Shore include Apple Street Farm  in Essex , Green Meadows Farm   in Hamilton and Appleton Farms   in Ipswich and Hamilton. These farms offer our North Shore communities so much more than CSA’s. Check them out! If you know of other farms that offer CSA’s or other options in the area north of Boston let us know. Many of our real estate clients ask us when they are considering moving into the area.

The 2012 spring real estate market is shaping up to be a good one. If you are planning on selling your home and have been sitting on the fence trying to figure out what is the best time, now may be the right time to get going. Many indicators are pointing to a positive season.

Mortgage rates are the lowest they have been.There are many people that are seeing the benefits to make the move to buy a home so they can lock in at that low interest rate for years to come. Combining that with the affordability of homes now on the market many buyers are just waiting for their potential home to hit the market so they can take advantage of this opportunity.

With the most recent reports about the jobless rate improving many people are feeling more positive about the direction the economy is taking. Keep in mind that real estate markets are local so you need to look at your particular market area data.

Sales were up while the inventory was down in the last quarter of 2011 compared to the last quarter of 2010 in Essex County Massachusetts according to MLS Property Information Network.

We have always considered the start of the spring market to be Super Bowl Sunday. It may seem that winter has not even arrived with the warm days and very little snow. The weeks go by very quickly when you are talking real estate. Before you know it your competition has increased and weekends are filled with graduations, weddings, barbeques, and other events. The days are getting longer and with this great weather we have had no trouble getting out there to show homes. John and I are getting busier with inquiries and requests for information and home tours. What are your questions about the 2012 spring market?

- Cindy

Our new blog will provide information and ideas relating mostly to the communities on Boston’s North Shore.

Check out the new Iphone app at the bottom right of our web site.  It locates where you are and allows you to pull up the information about the home listings near by. I have been using it myself, if I am driving by a home and want to check on the price or another detail!  It is such a time saver. In early 2012 we expect the apps for other smartphones to be available.

We will start posting soon! And look forward to hearing from you….

Cindy Farrell