Billerica has maintained very well from 2008 to 2009. # of homes sold is down 1%, avg sell price is up 1% and days on market actually decreased by 26%.
The pie chart represents the % of homes sold in specific price rages. 62% of all homes sold in Billerica are between 250-400k.
Sellers: this is very important to know where you are in your market. Dropping your price to a new segment will potentially open up a new pool of buyers.
Buyers: in most cases want to be in the middle of the average if not lower than the avg to see greater appreciation in the long run. Also, the demand is usually higher in the lower priced segements.
Comments (0)Subscribe to CommentsComment