Archive for the 'market updates' category
Top Property Sales for Our Firm
In 2012 we helped many clients to find success with their property search or sale. The list below represents the top sales from our firm.
| Price | Address | Listing or Buyer Rep |
| $2,725,000 | 634 Washington Street, Gloucester | Listing |
| $2,650,000 | 232 Franklin, Newton | Buyer |
| $1,487,000 | 2 Wyoma, Gloucester | Listing |
| $1,475,000 | 31 Shore Road, Gloucester | Listing |
| $1,300,000 | 223 Puritan Rd., Swampscott | Listing |
| $1,275,000 | 16 Wiley, Gloucester | Listing |
| $1,090,000 | 15 Atlantic Ave, Rockport | Listing |
| $1,050,000 | 1046R Washington St, Gloucester | Listing & Buyer |
| $960,000 | 101 river Rd., Merrimac | Listing |
| $899,000 | 2 Ships Bell, Gloucester | Listing |
To learn more about what makes By the Sea Sotheby's different or how we can help you with your home sale or purchase, please contact us.
Massachusetts Real Estate: Getting the Exposure You Deserve
The world is evolving at a rapid pace.
This video captures the energy of a world in flux. As technology brings us closer, it becomes even more critical to reach out to the entire world -- in a way we can all relate. Here are a few statistics that excite us:
- There are 21 billion internet users.
- 31 Billion searches are done on Google every month.
- This year more searches will be done on mobile devices than on computers.
- Sotheby's International Realty will complete more than 59,000 transactions this year, representing $41 billion in sales.
- SothebysRealty.com provides searching in 16 languages
- The Sothebys Realty Youtube channel has had over 1.6 million views, and counting...
- Our local site ByTheSeaSIR.com has had visitors from 81 countries, representing 58 languages (from April 2012 - October 5, 2012).
- This is a new world...
Contact us to find out how we can leverage this international exposure for your home.
International Properties: Sotheby's Prospectives, 2nd Edition
In this issue of Perspectives from Sotheby's International Realty, you can learn about how the real estate market is performing in different parts of the US and around the world. In addition, they share recent significant sales -- from a $60.3 million estate on the French Riviera to a $27.75 million Queen Anne style home in New York. You can also peruse some of the more exotic homes currently offered for sale in the network, including a 266 acre compound in Martha's Vineyard currently offered for $92 million.
If you would like to see more spectacular international properties for sale, go to SothebysRealty.com. Click here to see recent luxury home sales in Massachusetts or click here to see what is currently available for luxury properties on the North Shore. You can always contact us for a private consultation.
Massachusetts Real Estate: Pending Home Sales Up for 16th Straight Month
The Massachusetts Association of Realtors reported this week that home sales in August were up for the 16th straight month of year-over-year statistics. The number of single-family homes put under agreement in August was up 27.87 percent compared to the same time last year. This is the most homes put under agreement in an August since the Association has been tracking pending sales.
Normally the news media focusses on the statistics of sold homes as opposed to homes placed Under Agreement or Pending. The downside of that stat, as highlighted in this Boston.com article, is that it is old data, since the average Under Agreement to Sold time span is 6 weeks. For a more accurate read on the current temperature of the market, real estate agents and students of the market look at Pendings and Actives that have been flagged in the system. While the agreed upon price isn't recorded until the home is officially sold, many specialists can make a an educated estimate based on Days On Market and other statistics.
Click here to view pending home sales on the North Shore or here for recent luxury sales. Don't hesitate to contact us with any questions.
