$489K  
In this week's report, the number of homes sold in the Beverly market slid to three over the past 30 days, a decrease of 25.0% from last week's report, but still above the monthly average. In comparison, nearby Philadelphia had 1,720 sales in the same time frame, the most of all neighboring cities. Prices were able to climb as this week's reported median sales price of $150,000 continued a four-week upswing. Beverly is a solid buyer's market, thanks to a big 15 months of inventory to choose from and a pullback in sales.
Comments:

$175K  
The number of homes coming into the Beverly market fell to six listings over the last 30 days, while sales remained right where they were as once again four homes were sold over the same period. Months of inventory were further reduced to 12, extending a downward trend to four weeks. Along with the slip in sales, the higher-than-normal inventory indicates that Beverly is a definite buyer's market.
Comments:

With 2,577 residents, Beverly is a smaller-than-average city in New Jersey. Also, with a 4.0% decrease over the last 10 years, its population is growing slower than other parts of the state. Homes in Beverly are older than most with a median age of 64 years. The best schools in the city are Lamonte Annex and Smalley.
Comments:

$499K  
Over the last 30 days, the sale of four homes took place in the Beverly market. This shows a 42.9% reduction from the prior period but the area remains on a recent upward trend. All indications show that the trend may be coming to an end, meaning less sales over the next few weeks. Prices are rising in Beverly, and the median sales price this period increased from $84,000 to $156,750. Beverly is a definite buyer's market, thanks to a big 12 months of inventory to choose from and a pullback in sales.
Comments:

$387K  
While home sales in the Beverly market have been above average, in this week's report they dropped 25.0% to three homes sold over the last 30 days. Meanwhile, close-by Philadelphia reported 1,322 homes sales, the highest number from all the surrounding cities. The median sales price rose to $22,155, up from last week's $21,027. Beverly is a strong buyer's market, thanks to a big 16 months of inventory to choose from and a pullback in sales.
Comments:

$102K  
Over the last 30 days, three homes were sold in the Beverly market, holding even with last week's numbers. However, the market is still in an identifiable downward trend overall. The median sales price remained unchanged over the latest reporting period for Beverly, coming in at $22,155. Beverly is a solid buyer's market with 16 months of inventory to choose from, aided by the downturn in sales.
Comments:

$387K  
The Beverly market was active this week as sales reached three homes sold over the last 30 days, edging past the average sales volume for the prior 12 months. To put it in perspective, close-by Philadelphia registered 1,385 homes sold in the same time frame, the most of all surrounding cities. Beverly is still a definite buyer's market, in spite of the uptick in sales, thanks to the availability of 16 months of remaining inventory.
Comments:

$245K  
Beverly is a small city in New Jersey with a median income of $54,538 per household. Besides being less affluent than average, its population is much older than others with a median age of 38 years. The Beverly market is primarily made up of detached homes, currently accounting for 84% overall. Leading the list of top schools in the city are Lamonte Annex and Smalley.
Comments:

$154K  
Over the last 30 days, no deals were completed in the Beverly market. It further extends a one-week downward trend in sales.
Comments:

$102K  
The Beverly market should strengthen in the short term. While one home was sold over the last 30 days, the number of contracts executed rose to six, the highest amount since June. During the same time frame, Philadelphia had the most contracts executed of any other neighboring municipalities with 1,542. Furthermore, a three-week upward trend in new listings is expected to come to an end over the coming weeks. While contracts numbers rose, prices dropped. This week's reported median sales price of $34,000 continued a four-week downward trend. Beverly is a definite buyer's market, due to falling prices and a large 36 months of inventory left.
Comments:
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