Hamilton-Wenham Real Estate Market Review – July 2009

by scayer on August 31, 2009

in Area Info,Buyer Info,Hamilton-Wenham

Hamilton Wenham Market UpdateOn July 31, 2009 there were 122 properties on the market in Hamilton-Wenham, MA.  During the month of July we saw a 10% decrease in inventory from the previous month where there were 136 properties on the market.

The asking price for July 2009 ranged from $199,900 – $9,985,000.  Average days on market was 189.

Hamilton-Wenham Real Estate Sales - July 2009

10 single family residential properties closed in Hamilton-Wenham during July 2009.  The lowest price was $126,500 and the highest price was $1,225,000.  The average sales price was $451,850.  The median sales price was $374,500.  The average days on market was 180.

2 Condos sold in July in Hamilton-Wenham during July 2009.  Both Condos sold for $599,000 ironically.  The average days on market was 667.  Condos in Hamilton-Wenham for the month of July sold for an average of 69% of the original listing price.

1 Multi-Family sold in July in Hamilton-Wenham during July 2009.  This property was on the market for 223 days.  Originally listed at $349,000, it sold for $300,000 or 86% of list price. 

Information from MLSPIN – Does not Include Rentals

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