Milton, MA 02186 Single Family Housing Report Oct 2011

470 Eliot Street, Milton, MA 02186

Milton, MA 02186 Single Family Housing Report Oct 2011  With a total of 167 homes involved in the market last month this is less than Wellesley, but more than Wayland.  Each town is different and so you can’t assume anything from the comparison.  Like most of the other towns surrounding Milton there are more homes Active in the market than in any of the other categories.  Milton is supporting an impressive 96% of its price in the Listing Price versus Sales price war.  This is a very good number and exceeds the numbers from other communities.  This means the homeowners are getting their properties priced right when they go on the market.  The Days on Market (DOM) across the board are better than surrounding communities, although having your home on the market for almost 7 months is a long, long time.  Expired and Canceled listings seem to be moving faster here in Milton to the next stage.

Single Family Active Listings: 113       Average List Price: $747,150     Average Market Time: 171.28

Single Family Under Agreement Listings: 17       Average List Price: $494,794     Average Market Time: 120.29

Single Family Sold Listings: 21       Average List Price: $607,605       Average Sale Price: $585,595     Average Market Time: 120.76

Single Family Expired Listings: 11       Average List Price: $776,427     Average Market Time: 157.82

Single Family Canceled Listings: 6       Average List Price: $508,933     Average Market Time: 123.00

MLS # (if any): 71296039
Square Feet: 3000
Bedrooms: 3
Bathrooms: 3/1
Basement (full, 1/2, finished, unfinished): Full Finished