Westboro MA Real Estate Market Report for August 2007

In August of 2007 there were 27 homes that closed within the month for Westboro MA. This is an increase of 9 units as there were 18 homes that closed in August of 2006. August was a great month for Real Estate sales in Westboro.

The Average list price for the homes that closed in Westboro for August of 2007 was $576,378

The Average list price for the homes that closed in Westboro for August of 2006 was $607,083

The Average sale price for the homes that closed in Westboro for August of 2007 was $552,700

The Average sale price for the homes that closed in Westboro for August of 2006 was $588,589

The Average Market time for the homes that closed in Westboro in August of 2007 was 139 days.

The Average Market time for the homes that closed in Westboro August of 2006 was 64 days.

Seven homes went under agreement in Westboro MA in the month of August. The average list price of the homes that went under agreement was $509,443. The average time on the market for these Westboro MA homes were 49 days.

                                    January - August Market Statistics for Westboro MA

In Westboro MA for the period of January to August of 2007 there were 129 properties sold.

In Westboro MA for the period of January to August 2006 there were 102 properties sold.

In Westboro MA for the period of January to August in 2007 the average list price was $495,476, the average sale price was $479,210, and the average market time was 140 days.

In Westboro MA for the period of January to August in 2006 the average list price was $561,331 the average sale price was $544,264 and the average time on the market was 105 days.

** The above statistics are for single family homes only and do not include condo's or Multi-family homes in Westboro MA.

In comparing year over year longer term data for Westboro MA, the average list price and sale price both went down year over year from January to August. This can be attributed to the on going weakness in the real estate market in Metrowest MA. There was also a substantial increase in the days on the market for the same period in Westboro MA. Year to date, however, there has been an increase in sales which is great news for Westboro.

These statistics are similar to many of the towns in Metrowest MA. Most of the surrounding towns experienced a decrease in the average list price and sale price for the January to August time frame. 

Selling a home in Westboro MA or other Metrowest town is heavily dependant on pricing your home properly and picking an agent that will create an "online market presence" for your home. As a home seller, you need to be aware that the market in Westboro MA and many other Metrowest communities has changed over the last two and a half years. We are no longer in a seller's market. When selling a home in Westboro MA, it pays to have a pro in your corner representing you. Here are some excellent questions  to ask when interviewing your agent, that will help you determine if you are hiring a top producer or not!

When selling in Westboro MA creative marketing is key to make your home stand out and be found. This is an example of a Real Estate show for a home in Milford. The Real Estate show is a presentation I use on all the homes I am marketing that can be embedded into MLS & Realtor.com. A home with a show like this will get 4X the traffic than a home that does not.

** 85% of all buyers are finding their homes on the Internet. See this must read article on where I advertise on-line. Metrowest MA Homes ~ How to effectively market to the masses on-line. **

Market reports for Hopkinton 

Market reports for Holliston 

Market reports for Milford 

Market reports for Southboro 

Market reports for Upton 

Market reports for Ashland 

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The above information was provided by Bill Gassett, the team leader for the #2 RE/MAX Team in Massachusetts in 2006. 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 Westboro MA and other Metrowest towns for the last 21+ Years. Bill's office is conveniently located in the center of Hopkinton MA at 77 Main Street. RE/MAX Executive Realty also has offices in Upton, and Grafton to service home sales in Westboro MA.

I have a passion for Real Estate and love to share my marketing expertise! I would welcome the opportunity to earn your business.

For Massachusetts and Westboro MA Real Estate and homes see Sell my home in Metrowest MA 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, and Framingham MA.

Click here to view Bill Gassett's Real Estate profile.

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