July 23, 2008

New In Town? You Could Be! (3 New Listings in Beverly)

Every time a seller lists a new property, an angel loses its wings. Anyway, that’s what it feels like if you’ve been a seller for longer than is comfortable for you.

But if you’re buying, every one of these new listings (theoretically) dilutes the market value of every other one. And with low unemployment rates and an economy that looks healthy and wealthy next to (say) Pittsburgh, you’re going to see this market recover sooner or later.

Of course, most people that are listing now are (generally) realistic about the market they’re selling in. You probably have more leverage with stale listings than with new, as new listings get way more attention. But don’t let that stop you. I wouldn’t sell a house in this market unless I had to, and so some of these folks need to unload their casa. If you’re dreaming on a deal, one of these might be the ticket:

19 Melvin Avenue
Beverly, MA 01915
Beds: 3/Baths:1
SQ.FT.: 1400
$ 395,000

5 Porter Terrace
Beverly, MA
Beds: 2/Baths:1
SQ.FT.: 1241
$ 289,900

60 Glidden Street
Beverly, MA 01915
Beds: 2/Baths: 1
SQ.FT.: 1176
$275,000