Bolton Market Report for November 6, 2019
If you think that the selling season is over, think again.
According to Altos Research, Bolton is still experiencing a Seller's Market. If you've considered listing before the end of the year, it's not too late.
There are currently 30 homes on the market in Bolton (one of them has a contingent offer, so let's say 29). The average list price is $821,487. Two of these homes made their market debut within the last week:
83 Quaker Lane
3-bedroom cape on 2 acres
Listed at: $429,900
Sale history: Last sold for $360,000 in 2015
275 Vaughn Hill Road
4-bedroom colonial on 10+ acres
Listed at: $999,000
Sale history: Last sold for $810,000 in 2015
Are people buying in Bolton now? Yes, but the activity is in the middle ranges. Two sellers of homes in the $500,000s accepted offers within the last week. In total, there are currently 13 homes currently pending, priced from $399,900 to $975,000.
They two most recent homes to go under contract were:
291 Harvard Road
3-bedroom colonial on 2+ acres
Listed at: $515,000
Days to Offer: 91
Original List Price: $533,000
27 Sampson Road
4-bedroom colonial on .92 acres
Listed at: $545,000
Days to Offer: 20
Original List Price: $545,000
Interestingly, the three homes that closed during the last week ran the gamut in terms of pricing, from the lowest tier to the highest echelon of the market.
18 Frye Road, a 4-bedroom renovated antique farmhouse, which brought $490,000, just over its original listing price of $489,000, after only 17 days on the market.
44 Golden Run Road, a 19-year-old 4-bedroom colonial originally priced at $659,000. It sold for $630,000 after two price reductions and 34 days on the market.
12 Deer Path, a 4-bedroom colonial in the posh Fox Run neighborhood, became one of only three homes to break the million dollar mark in Bolton this year when it went under contract after only six days, selling at $1,075,000, a thousand dollars higher than its asking price.
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