In these tough economic times short sales are part of the real estate market. It is a chance for a homeseller to avoid foreclosure. For a home buyer it can be an opportunity to purchase a home at a great value.
Shorts Sales on the Market in the Greater Newburyport Area:
Newburyport 7 Rowley 3 Georgetown 3
Newbury 2 Amesbury 21 Groveland 4
Salisbury 9 Merrimac 4 Ipswich 5
Short Sales Under Agreement in the above towns: 14
Short Sales Sold in 2011 in the above towns: 59
Average Sale Price : Single Famiy Homes $303,639
Average Sale Price: Condo's $152,427

Short Sales on the Market in Essex County: 405
Short Sales Sold in 2011 in Essex County: 471
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