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5 Homes Sold Recently

Here are 5 homes that have recently sold in the neighborhood.

 

Wondering what sold in Swampscott recently? Are you thinking about moving or just wondering how much that house you drive by all the time sold for? 

Every Thursday, Swampscott Patch highlights five properties that recently sold in Swampscott. Then, on Friday, we give you a list of five homes holding open houses this weekend.

Address Sale Price List Price Sq. Ft.  Bed/Bath 9 Valley Road $267,000 $299,000 1,682 3/2 69 Lincoln House $1,500,000 $1,500,000 2,859 3/3 11 Atlantic Road
$423,500 $464,000 2,990 5/3 73 Atlantic Ave. $1,090,000 $1,250,000 6,612 6/4 26 Pine Hill Road 
$240,000 $249,000    980 2/1

Information compiled using MLS data courtesy of Aol Real Estate.

Editor's note: In the original table the sale prices and and list prices were reversed. What you se above is correct.
 

AmyO September 15, 2012 at 01:05 PM
Am I reading this right? 4 of 5 homes sold for above asking price?!? And the 5th sold at asking? Can some real estate folks comment on this? This seems off of everything I'm reading about the market.
Richard Gindes September 15, 2012 at 03:45 PM
We have seen prices stabilize and rebound over the spring and summer markets in Marblehead and Swampscott. This is not a typical sample but the trend is certainly as it seems. The average sales price is about 95% of asking price for homes that are priced properly. Please check out my Web Site and sign up for my Newsletter, it will keep you informed about important trends in the local real Estate market and the web site provides valuable tools like Neighborhood Mapping features, mortgage calculators and important school, shopping and other resource information. I am Richard Gindes Of William Raveis Real estate in Marblehead.....www.Raveis.com/RichardGindes
Terry Date (Editor) September 15, 2012 at 03:53 PM
Thank you for pointing this out, Amy. We messed up. The prices in the list column should have been in the sale column and vice versa. The correct prices are listed above.
Richard Gindes September 15, 2012 at 04:20 PM
Thanks Terry, when adjusted this list bears out the 95% ratio I spoke of which is a pretty consistent one our local market.
Richard Gindes September 15, 2012 at 04:28 PM
Typically Waterfront Homes do better than the 95% as 69 Lincoln House would indicate.

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