Prices were a little softer in Marshfield this past December compared to the same period a year ago. With that said, the more recent December did not have the benefit of The First Time Home Buyer Tax Credit and what was thought to be it's expiration at the month's end. So last month we saw 12 single family homes sell at an average sales price of $395,563 after taking an average of 172 days on the market. This is a less favorable comparison to December '09 that saw a brisk sales pace of 20 homes sell at an average sales price of $444,372 in roughly 107 days on the market. So volume and prices are down year over year when comparing the same months, however the one bright spot is the median sale increased from nearly $350,000 in Dec. '09 to over $360,000 in this past December. Perhaps that is a sign of stabilization?
Marshfield is a great community offering homes in almost any price point. If you would like to explore the Marshfield Real Estate Market and homes for sale in Marshfield, please feel free to contact me via my contact info on my profile page.
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