February was a tough winter month, but the buyers are out in full force. The 15 units of single family homes sold in February (down from 21 units in January) is largely attributable to exceptionally low inventory levels offered during December and January. As of March 3rd, there are already 16 single family homes with pending sales in the month of March.
Inventory levels, while improving, remain lower than target.
If you would like more detailed information about market conditions in Beverly, please email Karen.Fogarty@NEMoves.com or call Karen direct at 978-882-4135.