Active Week in Real Estate

This past week was very active in our Seekonk real estate market. This is a detailed break down of the market, according to MA MLS PIN data.

Two new homes hit the market:

• 27 Benson Avenue, a three bedroom, 1 bathroom ranch listed at $239,900.
• 107 Hope Street, a three bedroom, 2.5 bathroom colonial listed at $260,000.

One home is now currently back on the market:

• 46 Grant Street, a three bedroom with 1.5 bathrooms and a listing price of $190,000.

Three homes went under agreement:

• 44 Cleveland Street, a three bedroom, one bathroom ranch at $219,500.
• 185 Read Street, a two bedroom, 1.5 bathroom cape at $259,000.
• 4 Peep Toad Court, a four bedroom, 2.5 bathroom colonial at $399,900.

Peep Toad Court was previously on the market for $529,000 before expiring after 172 days on the market. After being re-listed with the asking price of $399,900, it only took 22 days before going under agreement. The huge price-drop of $129,100 obviously helped this home go under agreement so quickly.

Two homes had price changes:

• 329 Jacob Street, a three bedroom, 2.5 bathroom colonial, was listed for $528,000 and its current price is now $485,000. This home has been on the market for 359 days.
• The other home, 2 Letendre Road, a four bedroom, 2.5 bathroom colonial, was on the market for $549,900 and is now $529,000. It has been on the market for 37 days.

We also saw four homes that sold:

• James Street listed at $269,900 sold for $230,000 and was on the market for 309 days.
• 5 King Philip Road was on the market for 411 days with an original asking price of $349,000. It sold for $320,000.
• 357 Ledge Road was listed for $399,900 and after 288 days on the market, its selling price was $385,000.
• 12 Marsden Court had a listing price of $579,900 and sold for $540,000 after being on the market for 165 days.

Interesting note, 357 Ledge Road originally hit the market back in April 2008 with an asking price of $479,900.

A message to buyers, sellers want you to “make an offer." No offer is really a bad offer within reason. Sellers, any offer made on your home should be considered “an offer of interest." If each party can give and take a little, a deal is likely to happen.