Upton Massachusetts Real Estate Market Report August 2009

Upton Mass Real Estate market report

 

 

 

 

 

 

 

 

 

In August of 2009 there were 8 homes that closed within the month for Upton Massachusetts. This is an increase of 1 units, as there was 7 homes that closed in July of 2008.

The Average list price for the homes that closed in August of 2008 was $367,918

The Average list price for the homes that closed in August of 2009 was $434,813

The Average sale price for the homes that closed in August of 2008 was $332,099

The Average sale price for the homes that closed in August of 2009 was $409,250

The Average Market time for the homes that closed in August of 2008 was 205 days.

The Average Market time for the homes that closed in August of 2009 was 92 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 1 home that went under agreement in Upton Massachusetts in the month of August. The average list price of the homes that went under agreement was $574,900. The average market time for these homes was 45 days.

Through August there have been 29 homes that have sold in Upton. At the same time last year 28 homes had sold as well.

 

                     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.

Market Reports for Mendon

Market reports for Hopkinton

Market reports for Holliston

Market reports for Milford

Market reports for Southboro

Market reports for Ashland

Market reports for Hopedale

 

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. **

 

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About the Author: The above Upton Massachusetts Real Estate market report was provided by Bill Gassett,RE/MAX Executive Realty Upton Mass Real Estate a 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 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!

For Massachusetts and Upton MA Real Estate and homes see Upton 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, Douglas, and Framingham MA.

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

 

 

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21 Comments on Upton Real Estate Market Report August 2009

SEP
13
416,878 Points 48 Featured Posts Localism Sponsor Outside Blog

Bill,

I don't know why, but that blackboard (okay, greenboard) always makes me smile.

Mike in Tucson

5:57pm • #1
152,632 Points 4 Featured Posts Localism Sponsor Outside Blog Hit Router

Sellers should take heed.  You MUST have a top notch real estate agent in your corner when you are trying to sell your Upton home. 

6:27pm • #2
172,575 Points 15 Featured Posts Localism Sponsor Outside Blog Hit Router

Bill - Even though it's only for one month, the Upton real estate market looks promising.  Of course having someone like you to help buyers and sellers become more knowledgeable about the market is very important.

9:09pm • #3
298,697 Points 12 Featured Posts Localism Sponsor Outside Blog

Hi Bill,

Looks like the real estate market in Upton is looking good!

10:17pm • #4
SEP
14
284,468 Points 4 Featured Posts Localism Sponsor Outside Blog

The hardest part of market reports for me right now is figuring out how I want to present them since I'm now on a Mac, etc., etc. Guess it's not critical but until Altos is in my area, I want to be 'professional' or at least consistent in my reporting, and have the reports be appealing even when the numbers aren't...

6:44am • #5
426,172 Points 47 Featured Posts Outside Blog

Thanks everyone for stopping by and commenting on my Upton Real Estate report!

6:54am • #6
114,631 Points 3 Featured Posts

Wow Bill very impressive sale numbers for Upton!  Homes in this months report closed for over 22% more than same time last year.  That's a trend I'm sure everyone would love to see continue.. 

7:21am • #7
468,026 Points 54 Featured Posts Outside Blog

Bill it would be great to see this trend continue from here on out.  I love positive figures :) :)

7:10pm • #8
457,609 Points 13 Featured Posts Localism Sponsor Outside Blog

Bill big difference in this years DOM over last year.  Lets hope for a positive trend in all the markets for the rest of the year.

9:22pm • #9
SEP
15
426,172 Points 47 Featured Posts Outside Blog

Pam, George, Jennifer - Thanks for dropping by an commenting on my Upton Real Estate report. The market in my area is slowly improving.

7:16am • #10
354,586 Points 9 Featured Posts Localism Sponsor Outside Blog

Bill -- It is good to see continued growth... I don't think slow is necessarily bad... so long as we continue to see stablization of pricing and movement... very nice report as usual.

7:59am • #11
SEP
16
416,702 Points 59 Featured Posts Localism Sponsor Outside Blog

Hi Bill!  I just don't know how you find the time to do these wonderful market reports!  Your clients are very fortunate to have you doing the research for them!  Great job, as always!

Have a wonderful Wednesday...

Debe in Charlotte

12:07am • #13
426,172 Points 47 Featured Posts Outside Blog

Joan, Joe & Debe - Thanks for your comments on my Upton MA Real Estate report. These do take quite a bit of effort to put together but are worth the time. Not only do they help the consumer see what is going on in Upton but it keeps the data fresh in my mind as well.

7:04am • #14
SEP
19
391,801 Points 5 Featured Posts Outside Blog

Bill Your market reports are exceptional I even like your text2pic chalkboard  Karen

3:51pm • #15
SEP
23
232,103 Points 27 Featured Posts Localism Sponsor Outside Blog Hit Router

Bill - You have some of the best market reports that I have seen published.  (am taking notes) : )

6:55am • #16
SEP
24
7 Featured Posts

Looks like things are looking up there also!  Hope things keep going after tax credit is gone!

8:12am • #17
SEP
25
416,702 Points 59 Featured Posts Localism Sponsor Outside Blog

Hi Bill!  Just popped over to see what you're up to-you must be incredibly busy selling homes in the Upton Massachusetts area!  Hope you have a wonderful weekend...

Debe in Charlotte

5:20pm • #18
SEP
27
373,502 Points 63 Featured Posts Localism Sponsor Outside Blog

Hi Bill, I also just dropped over and noticed you haven't posted for a bit. I was away on vacation and just trying to get revved back up and get caught up with AR.

1:16am • #19
SEP
28
139,879 Points 29 Featured Posts Localism Sponsor Outside Blog

Bill,

Your use of tags is the best I have seen thus far.  You are a real estate marekting pro.  If I lived in Metrowest Massachussets I would trust you with the sale of my home.

8:56pm • #20
SEP
29
426,172 Points 47 Featured Posts Outside Blog

Thanks everyone for your comments on Upton Real Estate!

7:03am • #21

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Bill Gassett Metrowest Massachusetts Real Estate

Hopkinton, MA

More about me…

RE/MAX Executive Realty

Address: 77 Main Street, Hopkinton, MA, 01748

Office Phone: (508) 435-5356

Email Me

Metrowest MA Real Estate - Realtor specializing in home sales in Hopkinton, Milford, Holliston, Ashland, Southboro, Westboro, Upton, Mendon, Hopedale, Grafton, Medway, Northbridge, Franklin, Douglas, Uxbridge and Framingham MA. Includes Real Estate home sellling & buying tips , Homes for sale in and around Metrowest, Metrowest MA Market reports.

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