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Metrowest Massachusetts market report

By
Real Estate Agent with RE/MAX Executive

YTD STATIISTICS FOR SINGLE FAMILY HOMES  as of Sept 30 2007 

TOWNS: Ashland,Hopkinton,Southboro,Westboro,Framingham

 

Single family

YTD 9/30/07

 

2006

YTD

 

2007

YTD

 

Trend

Active

Listings

 

697

 

590

Inventory is down 15%

Homes

Sold

 

815

 

853

# sold is up

4.5%

Median

Sale Price

 

$432,500

 

 

$409,000

 

down

Avg days

On market-

SOLDS

 

103

 

122

Time on market is up

 

This is a summary of active & sold listings Year to date.

# of sold homes isup.

Inventory is down.

These are both good signs for a return to a healthy and active market.