Did you miss the first SARPA lecture of the year on Buying and Selling on Summit, with Kevin O'Brien, Charlie Neimeyer, and Jim Keane? If so, we're sorry, because it was a great kick-off to the series!
Some key points:
- 12 houses have sold between January 2011 and now. There are 11 currently on the market — so a 14-month supply. Average time on the market is 200 days, and average price per square foot is $112-226, depending on condition.
- More than ever, home sold on Summit are sold to specific buyers looking for certain things. Not necessarily the "trophy home" of the past, but private showings are still common.
- Amenities: new kitchens, central AC, 2F laundry — are hotter than ever.
- The triumvirate of selling points are price, condition, and location. Location is a given, so you either need to better your condition or lower your price.
Great job, guys!
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Don't miss the next 2 lectures:
Monday, April 30 - Larry Millett Once There Were Castles
Monday, May 14 - Rebecca Lundberg on Solar Power for Historic Homes
6pm at the University Club, free!
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