How's the Market in Massachusetts?
Home sales in Massachusetts are up for the month of September compared to September 2011. There is less inventory, more sales, however average home sale price has stayed the same. For a full report click here.
Spencer and the Brookfields Snap shot for home sold in September 2012 is
Median Price: $127,220
Average Price: $131,693
Total Market Volume: $5,531,088
Unit sold 42
September 2011 was as follows
Median Price: $148,125
Average Price: $132,294
Total Market Volume: $6,085,529
Units sold 46
Sturbridge, Charlton and Surrounding Snap shot for homes sold in September 2012
Median Price: $182,750
Average Price: $197,290
Total Market Volume: $9,075,350
Units sold 46
September 2011
Median Price: $125,000
Average Price: $148,638
Total Market Volume: $5,648,255
Units 36
Shrewsbury Snap Short for homes sold in September 2012
Median Price: $475,000
Average Price: $450,751
Total Market Volume: $14,424,046
Units 32
September 2011
Median Price: $320,000
Average Price: $405,255
Total Market Volume: $11,752,402
Units 29
In the towns that my offices serve, we have not found the same results as all of Massachusetts. In Spencer and the Brookfields, although home sale volumn is up by 10%, ave home sale price is down slighlty.
In Sturbridge and surrounding areas home sale units are up about 30% and average home sale prices have increased as well.
Shrewsbury has seen the greatest increase in average home sales in my market area, and volumn is up as well.
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