Mendon Massachusetts Real Estate Market Report for December 2009
In December of 2009 there were 2 homes that closed within the month for Mendon Massachusetts. This is a decrease of 1 units as there were 3 homes that closed in December of 2008.
The Average list price for the homes that closed in Mendon for December of 2008 was $239,900
The Average list price for the homes that closed in Mendon for December of 2009 was $392,000
The Average sale price for the homes that closed in Mendon for December of 2008 was $208,667
The Average sale price for the homes that closed in Mendon for December of 2009 was $379,500
The Average Market time for the homes that closed in Mendon in December of 2008 was 115 days.
The Average Market time for the homes that closed in Mendon December of 2009 was 113 days.
2 homes went under agreement in Mendon Massachusetts in the month of December. The average list price of the homes that went under agreement was $357,400. The average time on the market was 295 days.
January - December 2008 & 2009 Market Statistics for Mendon Massachusetts
In Mendon MA for the period of January to December of 2008 there were 37 properties sold.
In Mendon MA for the period of January to December 2009 there were 33 properties sold.
In Mendon MA for the period of January to December in 2008 the average list price was $416,676 the average sale price was $403,086 and the average market time was 211 days.
In Mendon MA for the period of January to December in 2009 the average list price was $363,512 the average sale price was $349,355 and the average time on the market was 140 days.
** The above statistics are for single family homes only and do not include condo's or Multi-family homes in Mendon MA.
In comparing year over year longer term data for Mendon Massachusetts there was a similiar amount of homes sold as compared to 2008. These numbers were weak as compared to previous years. The average sales price of homes also continued downward. There was however, a pretty substantial drop in the average days on the market for a home on the market in Mendon. This is a positive sign going forward. Mendon remains a good town for those seeking a moderately inexpensive home just outside of the more expensive Metrowest area.
** The above statistics are for single family homes only and do not include condo's or Multi-family homes in Mendon Massachusetts.
Click here for previous months Real Estate Market reports for Mendon MA
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About the author: The above Mendon Massachusetts Real Estate Market report was provided by Bill Gassett, a Nationally recognized leader in his field. Bill can be reached via email at firstname.lastname@example.org or by phone at 508-435-5356. Bill has helped people move in and out of Mendon MA and other Metrowest towns for the last 24+ Years.
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