Flips & Resales Continue Into Fall

   Having time only for a breathe after the summer/school deadline rush that carried through until Labor Day, Greater Newburyport’s No 1 Real Estate Agent Robert Bentley is now gearing up for the fall real estate season, which is proving to be competitive.

“It’s not a buyer’s or seller’s market at the moment,” said Bentley. “People are still waiting for more inventory to hit.”

According to Bentley, the Newburyport real estate market lacks single family homes for sale, with homes on the market down 25% from this summer. This leads him to believe our fall trend may be in land for sale.

“Currently there are 21 lots of land for sale, so we’re hoping builders will start snapping them up to create new single family homes and meet the demand,” said Bentley.

Contact Bentley for prices on these lots and land.  Bentley is particularly keeping his eye on new development.

On the flip side, the Newburyport condo market remains strong as many renovations and resales continue into the fall.

“There are condominiums on sale right now in the Greater Newburyport area,” said Bentley.

Bentley’s represented the highest priced condo sold this year listed at more then $2 million.    Units are located in downtown Newburyport.

To schedule a private consultant with Robert Bentley about the sale or purchase of a Greater Newburyport area home, call 781-858-5115.

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