Had to blog this one you guys. 62 Cherry Place is a new construction home with 4 beds, 4.5 baths and 4,700 sq/ft that’s been on the market for 6 months. Some would say a good looking house. Others would say looks like Scotch Club built it.
Property was listed in June for $1.599M. In November, they dropped the price $500 USDs to $1,598,500.
Then they staged it. With this chair.
Today they dropped the price $50k to $1.549M. Besides how they designed (?) the rear of the house, this price drop was the best move yet.
Think today is cold you guys? Not even close to the coldest day Randlett has ever seen. We hit -21 degrees in February 1934. That same winter winds topped 231 MPH on Mt. Washington.
Randlett saw winds top 100 MPH during the New England Hurricane of 1938 and the Great Colonial Hurricane of 1635. The Boston Globe reported that the Colonial “hit Mass without warning” and “the settlers and Native Americans at the time lacked sophisticated weather equipment.” No shit Globe.
Most snow Randlett has ever seen was Feb. 17 & 18th, 2003 (President’s Day Weekend Storm) with 27.5 inches. 2nd most was the Blizzard of ’78 with 27.1 inches. Most people don’t know when the Blizzard of ’78 hit, there was already 2 feet of snow on the ground (another blizzard hit 17 days earlier). Heard from several Randlett lifers this was a great storm. Neighbors helping neighbors shovel out, then neighbors helping neighbors empty each others liquor cabinets. Vintage Randlett.
Neighborhood market could not have been stronger this year. Homes selling in 1 day with multiple offers. Buyers waiving home inspections, financing contingencies. Bid wars all over the place. Let’s take a look at some numbers, shall we you guys?
Avg. list price: $747k
Avg. sale price: $786k
# of homes sold over asking price: 7
Biggest over-ask: 35 Derby (listed for $910k, sold for $1.1M)
Biggest under-ask: 420 Waltham (listed for $899k, sold for $800k)
Avg. days on market: 8
Most expensive: 35 Derby ($1.1M)
Least expensive: 164 Fairway ($640k)
Closest to Randlett Park: 12 Bunker Lane (approx 100 feet)