Upton Massachusetts Real Estate Market Report May 2009
In May of 2009 there was 5 homes that closed within the month for Upton Massachusetts. This is an increase of 4 units, as there was 1 home that closed in May of 2008.
The Average list price for the homes that closed in Upton for May of 2008 was $521,700
The Average list price for the homes that closed in Upton for May of 2009 was $423,333
The Average sale price for the homes that closed in Upton for May of 2008 was $506,600
The Average sale price for the homes that closed in Upton for May of 2009 was $409,253
The Average Market time for the homes that closed in Upton in May of 2008 was 32 days.
The Average Market time for the homes that closed in Upton May of 2009 was 88 days.
Obviously this data is for one month and only gives a miniscule picture of the market. Looking at the data below will give you a better handle of the Upton market.
There was 4 homes that went under agreement in Upton Massachusetts in the month of April. The average list price of the homes that went under agreement was $272,674. The average market time for these homes was 251 days.
Through May there have been 12 homes that have sold in Upton. At the same time last year ten homes had sold.
January - December 2008 Market Statistics for Upton Massachusetts
In Upton MA for the period of January to December of 2007 there were 69 properties sold.
In Upton MA for the period of January to December 2008 there were 42 properties sold.
In Upton MA for the period of January to December in 2007 the average list price was $410,510 the average sale price was $398,666 and the average market time was 171 days.
In Upton MA for the period of January to December in 2008 the average list price was $440,847 the average sale price was $417,822 and the average time on the market was 125 days.
** The above statistics are for single family homes only and do not include condo's or Multi-family homes in Upton MA.
In comparing year over year longer term data for Upton MA, it appears that there is still a slight downward trend in the average sale price for homes, as well as an decrease in the days on the market for the same period in Upton MA. These statistics can be somewhat misleading, however, because there is such as small sample of homes that have sold in Upton. Most surrounding communities have a larger number of sales as a comparative figure.
These statistics are similar to many of the towns in Metrowest MA and represent the on going weakness in the market as compared to previous years.
Click here to see previous Upton Real Estate Market Reports.
Selling a home in Upton Massachusetts or other Metrowest town is heavily dependant on pricing your home properly and picking an agent that will create an "online market presence" for your home. As a home seller, you need to be aware that the market in Upton and many other Metrowest communities has changed over the last three and a half years. We are no longer in a seller's market. When selling a home in Upton Massachusetts, it pays to have a pro in your corner representing you.
We are no longer in a seller's market. When selling a home in Upton MA it pays to have a Pro in your corner. Here are some Real Estate interview questions to ask when interviewing your agent, that will help you determine if you are hiring a top producer or not!
** 85% of all buyers are finding their homes on the Internet. See where I advertise on-line to create a dominant online presence for my clients. Metrowest MA Homes ~ How to effectively market to the masses on-line. **
About the Author: The above Upton Massachusetts Real Estate market report was provided by Bill Gassett, a Nationally recognized leader in his field. Bill can be reached via email at email@example.com or by phone at 508-435-5356. Bill has helped people move in and out of Upton Massachusetts and other Metrowest towns for the last 23+ Years.
Thinking of selling your home? I have a passion for Real Estate and love to share my marketing expertise!
I service the following towns in Metrowest MA: Hopkinton, Milford, Upton, Southboro, Westboro, Ashland, Holliston, Mendon, Hopedale, Medway, Grafton, Northbridge, Uxbridge, Douglas, and Framingham MA.
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Building lasting relationships by helping people move in and out of Metrowest Massachusetts for the last 23 years.