Bedford homes for sale declined by 21% in 2009, however new listings for 2009 were also down by13% and the number of listings for sale at the end of 2009 were down 15% from one year earlier. So the real estate market in Bedford was actually fairly flat for year 2009. And if the median sales price of Bedford homes sold in 2009 is any indicator, with a 0% change from 2008, it seems flat is not all that bad. The median sales price remained unchanged at $157,250. However, the average sales price of single family Bedford MLS listing did increase by 3%, up to $171,639.
The end of year 2009 showed a 3.9 month supply of homes on the market for sale in Bedford. Typically, a 5 to 6 month supply of homes is considered a neutral market, with more than that a buyer’s market and less than that a seller’s market. So, with listings down 15% and only a 3.9 month supply of homes on the market for sale, if you looking for a Bedford home to purchase, if you find one you like, you should probably act quickly and the home is likely to be gone.
Bedford housing prices range from a few of the older, 1950s built single family homes starting in the $70,000s or $80,000s, to 1980s built condominiums and townhomes in the $80,000s and $90,000s to the homes in the $300,000s in the Fairmont Villas or Bedford Parc or Bedford Estates subdivisions.
Current inventory of homes for sale in Bedford in the various price ranges:
Single Family Residential Properties for Sale in Bedford Between $0 – $100,000
Single Family Residential Properties for Sale in Bedford Between $100,000 – $200,000
Single Family Residential Properties for Sale in Bedford Between $200,000 – $300,000
Single Family Residential Properties for Sale in Bedford Between $300,000 – $400,000
If you have any questions concerning Bedford homes homes sale, please contact me and I will be happy to assist you.
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