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Spencer MA 01562 Real Estate Market Update Report July 2010

By
Real Estate Agent with Keller Williams Realty



Spencer, Massachusetts Real Estate Market Report July 2010

The Donna Plouffe Team - Your Reliable and Honest Real Estate Team

This information is created to give YOU an insight into the Real Estate Market in YOUR area!!  

In July 2010, there were 6 HOMES that SOLD in Spencer, Massachusetts. This is a Decrease in sales from the 10 Homes that SOLD in July 2009.

Average List Price for homes SOLD in Spencer for July 2009: $213,033
Average List Price for homes SOLD in Spencer for July 2010: $223,100

Average Sale Price for homes SOLD in Spencer for July 2009: $201,303
Average Sale Price for homes SOLD in Spencer for July 2010: $209,900

Average Market Time for homes SOLD in Spencer for July 2009: 183 days
Average Market Time for homes SOLD in Spencer for July 2010: 256 days

There were 10 HOMES that went Underagreement in Spencer, Massachusetts in July 2010. Average List price for homes Underagreement was $190,335 and Average Market Time for homes Underagreement was 122 days.

As we review year over year for July statistical information for Spencer, Massachusetts it shows that List Prices and Average Sales Price have increased slightly but market time has also increased.  Homes that went Underagreement in July are about 10% less than average July List Price and Market Time but market time decreased significantly.

Spencer, MA has lower taxes compared to surrounding towns, this is an advantage to purchasing a home in this town.  With the savings of taxes over another home in a surrounding town AND the historically LOW INTEREST RATES - Spencer MA is an option for Homebuyers.

SELLING YOUR HOME IN SPENCER MA - Great time to Price it Right and it will SELL!!  Depending upon your home's current value, there may be a DEMAND from Buyers in the market, Call the Donna Plouffe Team for a consultation on YOUR HOME!

Stay up to date with the trends in the Spencer Massachusetts Real Estate Market. Whether you are buying or selling a home, this is important information to consider.

If you are ready to put your home on the market you want an agent that will provide you with a personalized marketing plan for your Home that will include an online marketing presence. Choose an experienced, professional agent to represent YOU...THE DONNA PLOUFFE TEAM!!

Surrounding Towns Market Reports May 2010
Spencer, MA 01562
Leicester, MA 01524, 01611
Oxford, MA 01540, 01537
Auburn, MA 01501
Charlton, MA 01507, 01508
Paxton, MA 01612
East Brookfield, MA 01515
Sturbridge, MA 01566, 01518
Brimfield, MA 01010
Holden, MA 01520, 01522

 

Quarterly Market Reports to Come....

Holland, MA 01521
Brookfield, MA 01506

 

Posted by

 

Jennifer Dulmaine

Seth Campbell Realty Group

Office: 508-365-3903

Cell: 774-696-7002

jdulmaine@sethcampbell.com

Carol West
Carol West Real Estate, LLC - Hillsboro, OR
Real Estate Agent, Hillsboro, Beaverton, Portland

Jennifer, 

Thanks for sharing your local information for all of us to compare with.

Aug 04, 2010 02:33 PM
Anthony Stokes-Pereira
Better Homes and Gardens Rand Realty - Nanuet, NY
Realtor

Very detailed report, I do appreciate you sharing your market area report with us.

Aug 04, 2010 02:43 PM
Jennifer Dulmaine
Keller Williams Realty - Spencer, MA
Seth Campbell Realty Group

I have been working on adding value...any thoughts as to how I might be able to add VALUE to these reports....for consumers?

Aug 04, 2010 03:05 PM