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Ashland Real Estate Market Report June 2009

Ashland Massachusetts Real Estate Market Report June 2009

Ashland Mass Real Estate market report

In June of 2009 there were 16 homes that closed within the month for Ashland MA. This is an decrease of 2 units as there were 18 homes that closed in June of 2008.

The Average list price for the homes that closed in Ashland for June of 2008 was $497,331

The Average list price for the homes that closed in Ashland for June of 2009 was $388,748

The Average sale price for the homes that closed in Ashland for June of 2008 was $484,133

The Average sale price for the homes that closed in Ashland for June of 2009 was $376,247

The Average Market time for the homes that closed in Ashland in June of 2008 was 95 days.

The Average Market time for the homes that closed in Ashland June of 2009 was 133 days.

13 homes went under agreement in Ashland Massachusetts in the month of June. The average list price of the homes that went under agreement was $370,831. The average time on the market for these Ashland homes were 62 days.

Through June in Ashland there have been 55 homes sold. There were also 54 homes sold last year at this same time as well.

January - December 2008 Market Statistics for Ashland Massachusetts

In Ashland MA for the period of January to December of 2007 there were 131 properties sold.

In Ashland MA for the period of January to December 2008 there were 118 properties sold.

In Ashland MA for the period of January to December in 2007 the average list price was $488,633 the average sale price was $435,250 and the average market time was 119 days.

In Ashland MA for the period of January to December in 2008 the average list price was $430,229 the average sale price was $415,211 and the average time on the market was 112 days.

** The above statistics are for single family homes only and do not include condo's or Multi-family homes in Ashland MA.

In comparing year over year longer term data for Ashland MA, it appears that there is still a downward trend in the average sale price for homes. The average days on the market for the homes that have closed year to date have gone down in Ashland which is not typical of most Metrowest towns. Ashland sales volume is not down that much either.

These statistics are contrary to many of the towns in Metrowest MA. Ashland has not taken as drastic a hit as some of the surrounding towns.

Click here to see previous Ashland Real Estate Market Reports.

Market reports for Hopkinton

Market reports for Holliston

Market Reports for Mendon

Market reports for Hopedale

Market reports for Milford

Market reports for Southboro

Market reports for Upton

Market Reports for Westboro

Selling a home in Ashland 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 Ashland 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 Ashland Massachusetts, it pays to have a pro in your corner representing you.

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 how I go about giving my clients unsurpassed online marketing exposure here Metrowest MA Homes ~ How to effectively market to the masses on-line. **

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About the Author: The above Ashland Massachusetts market report was provided by Bill Gassett, a RE/MAX Executive Realty Ashland Mass Real Estate Nationally recognized leader in his field. Bill can be reached via email at billgassett@remaxexec.com or by phone at 508-435-5356. Bill has helped people move in and out of Ashland MA 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!

For Massachusetts and Ashland MA Real Estate and homes see Ashland MA Real Estate. Want to have MLS access to beat other buyers to your dream home? Sign up with no obligation at my MLS Property Finder Site.

I service the following towns in Metrowest MA: Hopkinton, Milford, Upton, Southboro, Westboro, Ashland, Holliston, Mendon, Hopedale, Medway, Grafton, Northbridge, Uxbridge, and Framingham MA.

Click here to view Bill Gassett's Real Estate profile.

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Posted by Bill Gassett Metrowest Massachusetts Real Estate on 07/07/2009 07:27 AM

Comments (17)

Ashland Real Estate in the Regional (Localism) Channel

ashland ma market reports, ashland ma real estate, ashland ma realtors

Originally posted at: Massachusetts Real Estate: Ashland Real Estate Market Report June 2009

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17 Comments on Ashland Real Estate Market Report June 2009

JUL

Bill any explanation why Ashland has had a downturn? Hopefully things will turn around soon. Great report as usual.

Love your KoolAid. ;-)

Hi Bill, I like your real estate interview questions. I usually provide them with most of this information without them asking.

That is amazing information about the decrease in the average sales price year over year.

Bill - any month to month trends that you are seeing or is it too hard to say?

Jeff

Pam - There has been no downturn in the Ashland Real Estate market. Year over year to date there is the same amount of sales. If you are looking at the average sale price you are only looking at one months data of the homes that sold.

Jeff - It is too hard to tell if there are any trends. I will say that the market has seemed like it is on a course to becoming more stable.

Bill,

It looks as though Ashland needs some stimulus or a really good shot in the arm.

Seems like a looong DOM. Is that a function of inventory or price primarily, in your opinion? I just posted my monthly report today too!

Bill, I was looking over the Market Reports that you posted and it looks like a couple of towns are showing increase while a couple are showing decreases. At first I thought that might be because of areas with higher priced homes not selling as well as lower priced homes, but that does not seem to be the case since the prices in Ashland seem to be comparable to Westboro and Holliston.

Jeff - The average days on the market is just for the homes that sold in Ashland this month. The average days on market has been coming down over the last few months.

George - Ashland has one more sale year to date than last year at this time. There are some towns that have a slight decrease but it is not substantial. Ashland does have more lower end inventory which does help.

They say Real Estate is Local but it appears this trend is everywhere.

It's always interesting to look at the patterns of activity from month-to-month and year-to-year. Very nice reports, as always Bill. Cheers!

Hi Bill, Hope your holiday was fun and that you got out to see the fireworks with family. This is another wonderful post on your market but despite to drop in the sales amount, it does still seem very stable in that your market is not slammed with foreclosure or short sales.