Three new listings came onto the market in December on University Hill area – two of which were under contract as of Dec. 31. Two of the new listings were income properties and one was a single family residence. There were only two listings in University Hill at December’s close – one commercial property, and one duplex property that sits yards away from busy Broadway. Four properties sold on University Hill in December with an average Days to Offer of 12 days. Two of the sold listings were income properties, one was a condo and one was a single family residence. Only one property sold on University Hill in December 2014. Everything seems to be desirable on Univers
There was only one active listing on University Hill going into December – a triplex with – 949 Broadway St. There were five listings under contract going into December on University Hill. Only one of these six listings came onto the market in the month of November. However, three of the six listings went under contract in November. The average number of days until an offer was received for all of the listings currently under contract on The Hill, with the exception of the income property, is 5.2 days.
There were no properties that closed in the month of November on The Hill.
To compare last November to this November:
- Three listings sold last November compared to none this November
As of July 31 there were three new active listings on University Hill – all single family homes – and one condo under contract. Three of the active listings are over one million dollars – and therefore are potential owner occupied properties versus rentals. In June there were...