3/26/2015: W. Newton home values see big gains over past 5 years

Take a look at the numbers below you guys.  Home values within 1/2 mile radius of Randlett Park are up big time since 2010.

2010 — 39 home sales with avg. price of $545k

2011 — 29 home sales with avg. price of $563k

2012 — 39 home sales with avg. price of $628k

2013 — 27 home sales with avg. price of $653k

2014 — 40 home sales with avg price of $688k

Values really started to spike in 2012 as we crawled out of the financial crisis.  Banks started lending money to homebuyers again too.  Values continue to rise as inventory remains historically tight — driving prices upwards.

Wanna know how the market looks in 2015?  Covered in snow.  1 sale so far this year for $575k.  Wanna know who sold it?  Our very own Myrna Guterman.  Thanks Myrna!!

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s