As summer winds down, Bedford’s housing market is showing a mix of rising list prices and quicker sales. While available inventory remains steady, the gap between asking and final sale prices could offer some negotiation opportunities for buyers.
Market Overview
Properties for Sale: 20
Average Listed Price: $164,000 (↑ $8,400 / +5.3%)
Average Price per Square Foot (Listed): $106 (↑ $1 / +1.8%)
Properties Pending: 26
Average Days on Market: 61 (↓ 10 days / -13.3%)
Average Sold Price per Square Foot: $96 (↓ $27 / -25%)
The shorter time on market indicates homes are moving more quickly, but the drop in sold price per square foot shows that buyers are still finding room to negotiate.
Featured Properties
809 Wellmon Street
Status: For Sale – $250,000
Details: 3 bedrooms, 2 bathrooms, 1,744 sq ft
Listing Courtesy Of: BHR & Associates
Contact: savvygirlrealtor@gmail.com | 216-482-4809
475 Lamson Avenue
Status: For Sale – $220,000
Details: 4 bedrooms, 2 bathrooms, 1,472 sq ft
Listing Courtesy Of: HomeSmart Real Estate Momentum LLC
Contact: vujicarealestate@gmail.com | 440-341-3843
193 Columbus Street #1
Status: For Rent – $800/month
Details: 1 bedroom, 1 bathroom
Listing Courtesy Of: Key Realty
Contact: by56083@gmail.com | 216-703-5740
Looking Ahead
Bedford’s housing market remains active with strong pending sales, even as sale prices show some softening. For sellers, pricing competitively is key to quicker sales, while buyers may find opportunities in the current market climate. Contact Keisha Wagner for more information.
