TIMELINE FOR BUYING YOUR HOME



to begin:  select ERICA COVELLE as your CENTURY 21 COMMONWEALTH agent and get pre-approved for a mortgage.

Day 1
            Offer submitted with $1,000 personal check

Day 2
            Offer accepted; hire a home inspector

Day 7-10
            Home inspection completed

Day 10
            Hire an attorney to look at the Purchase and Sale Agreement

Day 10-14
            Sign Purchase and Sale Agreement with additional 5% deposit

Day 16
            Submit completed mortgage application

Day 28-35
            Lender issues mortgage commitment

1 WEEK BEFORE CLOSING
            Obtain home insurance binder for closing

DAY BEFORE CLOSING
            Final walk-through

DAY 40-60
            Pass papers at closing (one-two hours)


This timeline represents approximately 60 days.  The time periods shown on this chart are fairly typical but may differ in your situation, depending on various needs and negations between the Buyer and Seller.

STONEHAM 5 year MARKET ANALYSIS

 2005 
SUMMARY

 141 single family homes sold 
average list price $465,685
average sale price $453,005
average number of days on the market 
72

HIGHEST PRICED
SINGLE FAMILY 
 SALE

5 Daniel Drive
10 rooms, 4 bedrooms, 3 full baths, 1 half bath
living area 4,438 sq ft
lot size 10,454 sq ft
LISTING PRICE $870,000
SOLD FOR $850,000
 total number of days on market 
275

2006
SUMMARY
147 single family homes sold 
average list price $447,319
average sale price $432,347
average number of days on the market  
 123

HIGHEST PRICED
SINGLE FAMILY 
 SALE 

12 Stockwell Road 
9 rooms, 4 bedrooms, 2 full baths, 1 half bath
living area 3,512 sq ft
lot size 47,148 sq ft
LISTING PRICE $799,900
SOLD FOR $728,000
  total number of days on the market 
301

2007
SUMMARY
150 single family homes sold 
average list price $445,142
average sale price $428,965
average number of days on the market  
 107

HIGHEST PRICED
SINGLE FAMILY 
 SALE 

48 Bellevue Road 
8 rooms, 3 bedrooms, 1 full bath, 2 half bath
living area 4,268 sq ft
lot size 30,000 sq ft
LISTING PRICE $990,000
SOLD FOR $850,000
 total number of days on the market 
121



2008
SUMMARY
117 single family homes sold 
average list price $405,936
average sale price $388,042
average number of days on the market  
 99

HIGHEST PRICED
SINGLE FAMILY 
 SALE 

3 OGrady Circle
10 rooms, 4 bedrooms, 3 full baths, 1 half bath
living area 4,300 sq ft
lot size 19,641 sq ft
LISTING PRICE $729,900
SOLD FOR $675,000
 total number of days on the market
143

2009
SUMMARY
142 single family homes sold 
average list price $382,748
average sale price $368,370
average number of days on the market  
 89

HIGHEST PRICED
SINGLE FAMILY 
 SALE 

2 Thomas Circle 
13 rooms, 5 bedrooms, 3 full baths, 1 half bath
living area 4,379 sq ft
lot size 10,890 sq ft
LISTING PRICE $699,000
SOLD FOR $650,000
 total number of days on the market 
147

2010
SUMMARY
127 single family homes sold 
average list price $410,837
average sale price $399,355
average number of days on the market  
 90

HIGHEST PRICED
SINGLE FAMILY 
 SALE 

8 Concord Road 
8 rooms, 4 bedrooms, 2 full baths, 1 half bath
living area 3,606 sq ft
lot size 10,350 sq ft
LISTING PRICE $689,500
SOLD FOR $689,500
total number of days on the market 
78


 Average List and Sale Price Graph
 This graph shows us that 2010 has proven to get us out of the economic dip and that we are on track to recovering our market and looking great for 2011!

xoxo

Erica Marie 

Be sure to contact me for your Market Analysis today!

2010 SALES by Erica Marie

228 Main Street 
commercial property
 listed for 649,900 - SOLD by ERICA for 640,000
highest price sale for a commercial property in Stoneham


14 Peabody Road 
single family 
4 bedrooms 2 baths
listed 429,900 - SOLD by ERICA for 429,900 


94 Dracut Street
single family
3 bedroom, 1 bathroom
listed 159,900 - SOLD  by ERICA for 150,000  
including new hot water tank upon inspection

 
144 Marble Street Unit 404
condominium
1 bedroom, 1 bathroom 
listed by ERICA for 179,000 - SOLD for 175,000

  26 - 26A Maple Street 
three family 
(currently being renovated into two town houses soon to come)
listed 189,000 - SOLD by ERICA for 220,000
FORECLOSURE  


15 Woods Avenue 
two family 
unit 1 - 3 bedrooms 1 bathroom
unit 2 - 2 bedrooms 1 bathroom 
listed by ERICA for 319,900 - SOLD for 300,000

If you or anyone you know are looking to buy or sell property, I'm never to busy for a referral!

ERICA MARIE
REALTOR & INTERIOR DESIGNER
"staging properties to help them sell"

FREE DESIGN CONSULTATION WITH LISTING REFERRAL


xoxo
Erica Marie



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