SUMMARY OF 2005 REAL ESTATE ACTIVITY IN BOYLAN HEIGHTS

 

          Two thousand and five was a banner year for properties sold in Boylan Heights. A total of 28 properties were sold in 2005 compared with 16 in 2004 and 13 in 2003. Out of the total properties sold in 2005 all were residential except one commercial property- Raleigh Saw Company - which sold for over a half million dollars. Residential properties alone netted sales of over 6 million dollars. Homes sold for a range of $79,500 to $680,000. The average sale price was $248,222 (compared to $198,846 in 2003.)

 

The 2005 residential sales square footage ranged from 910 sq ft to 4,394 sq. ft.  The average was 1,912 sq. ft. The price per square foot in 2005 for all residential property sold was $130. The range was from $87 to $220 per square foot. (If you subtract from the equation the highest and lowest selling residential properties and calculate what remains the average sale price was $237,700, the average sq. ft was 1,544 and the price per square foot was $154.)

 

For more information on properties sold in Boylan Heights go to Boylan Heights.org and click on real estate.