Mendon Real Estate Market Report May 2010

                                   Mendon Massachusetts Real Estate Market Report for May 2010

In May of 2010 there was 6 homes that closed within the month for Mendon Massachusetts. This is an increase of 4 units as there were 2 homes that closed in May of 2009.

The Average list price for the homes that closed in Mendon for May of 2009 was $349,450

The Average list price for the homes that closed in Mendon for May of 2010 was $287,250

The Average sale price for the homes that closed in Mendon for May of 2009 was $351,500

The Average sale price for the homes that closed in Mendon for May of 2010 was $271,667

The Average Market time for the homes that closed in Mendon in May of 2009 was 101 days.

The Average Market time for the homes that closed in Mendon May of 2010 was 86 days.

1 home went under agreement in Mendon Massachusetts in the month of May. The average list price of the homes that went under agreement was $175,000. The average time on the market was 18 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

Markets report for Hopkinton

Market reports for Holliston

Market reports for Milford

Market reports for Southboro

Market reports for Upton

Market reports for Ashland

Market reports for Hopedale

When selling a home in Mendon 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!

** Almost 90% of all buyers are finding their homes on the Internet. See where I advertise on-line to give my clients a dominant internet presence at Mendon Massachusetts Real Estate marketing. **

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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 billgassett@remaxexec.com 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.

Thinking of selling your home? I have a passion for Real Estate and love to share my marketing expertise!

For Massachusetts and Mendon MA Real Estate and homes see Mendon 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.

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