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The Ternullo Teams 2023 Annual Report

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The Ternullo Real Estate Team is pleased to present our 2023 Annual Reports!

This comprehensive report reviews statistics and median prices of single family, multi family and condo homes,

as well as Michelle's house and style trends for 2023! 

 

Click below to see the full report

 

              Andover/ North Andover                      Reading/North [...]

Should You Rent Your House or Sell It?

Should You Rent Your House or Sell It? | MyKCM

Should You Rent Your House or Sell It?


 

If you’re a homeowner ready to make a move, you may be thinking about using your current house as a short-term rental property instead of selling it. A short-term rental(STR) is typically offered as an alternative to a hotel, and they’re an investment that’s gained popularity in recent years. [...]

10 things you should consider before buying a Massachusetts Condominium

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Are you thinking of buying a Massachusetts Condominium?  

By Attorney Richard Carter

A condominium is defined as “a building or complex of buildings containing a number of individually owned apartments or houses”.

There are several advantages in purchasing a condominium.  First it may be a more affordable option than purchasing a single [...]

Just Listed in Stoneham! 7 Rose Lane Stoneham, MA 02180

7 Rose Lane Stoneham, MA 02180
3 bed | 2 baths | 2,038 sqft
Price: $685,000

Situated on a corner lot, this ranch style home offers one level living in the Robin Hood section of town, one of Stoneham's most desirable neighborhoods. The refreshed first level offers hardwood flooring, & a functional layout for everyday living as well as [...]

North of Boston Real Estate Market Update January 2023

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Welcome to our monthly market update! We're taking a look at single-family homes sold in the North of Boston Market specifically Middlesex and Essex counties and we're comparing December of 2022 to December of 2021. The total number of active properties/inventory remain pretty much the same and only increased by about 0.5%. However, the total number of homes sold did decrease by about 30%. Average days on market went from 27 days up to 31 days, an increase of about 15%. And median sales price went from $672,000 down to $650,000, a decrease of about $22,000 or 3%.

 It still does remain a sellers' market. We are certainly seeing some homes sit on the market and eventually have price adjustments. However, homes that are priced right and look great are still attracting a lot of buyers and still receiving multiple offers. There are definitely motivated buyers out there looking and waiting for the right property to come along! In fact, we're starting to see more home buyers entering the market again that may have put their search and pause last year. This is because many believe now that the surge in interest rates are over and we are now in a new normal market! So if you are thinking about buying or selling a home in the North Boston area, give us a call to have a no pressure consultation. We could be reached at 617-275-3379!

 

Curious about the numbers for your area?  Click the link for your town!

AndoverNorth AndoverNorth ReadingReadingStoneham and Wakefield

Be sure to like us on Facebook and follow us on Instagram for a behind the scenes of our day to day and favorite happenings north of Boston!

New Listing in Tewksbury! 1 Dirlam Circle Tewksbury, MA 01876

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1 Dirlam CircleTewksbury, MA 01876
3 bed | 2 baths | 1,948 sqft
Price: $599,000

Welcome to 1 Dirlam Circle! Located in a desirable neighborhood, this ranch style home sits on a corner lot with a flat yard. The main area provides one level living with a large open concept. The loft area in the recent addition, makes for a great playroom or [...]

Condo Listed in Dracut! 21 Arbor Drive, Unit 21 Dracut, MA 01826

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21 Arbor Drive, Unit 21Dracut, MA 01826
2 bed | 3 baths | 1,592 sqft
Price: $564,900

Open, airy and immaculate! Welcome to 21 Arbor Drive, located in the sought after 55 and over community at The Arbors. This end unit townhome is spacious without feeling "too big" and provides separate living spaces that offer privacy. The main living area [...]

North of Boston Real Estate Market Update November 2022

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Welcome to our monthly market update! We're taking a look at single family homes sold in the North of Boston area, specifically Middlesex and Essex counties and comparing October of 2022 to October of 202. The total number of active properties dropped by about 11 percent. The total number of homes sold also dropped by about 23 percent. The [...]

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