In April of 2008 there were 1 homes that closed within the month for Upton Massachusetts. This is a decrease of 8 units as there were 9 homes that closed in April of 2007.
The Average list price for the homes that closed in Upton for April of 2007 was $488,000
The Average list price for the homes that closed in Upton for April of 2008 was $334,900
The Average sale price for the homes that closed in Upton for April of 2007 was $373,112
The Average sale price for the homes that closed in Upton for April of 2008 was $325,000
The Average Market time for the homes that closed in Upton in April of 2007 was 249 days.
The Average Market time for the homes that closed in Upton April of 2008 was 411 days.
There were 3 homes that went under agreement in Upton in the month of April. The average list price of these homes were $519,633. The average days on market for these homes was 26 days.
** The above statistics are for single family homes only and do not include condo's or Multi-family homes in Upton MA.
These figures also represent one month of sales data. To see a true perspective of average list and sales price, as well as days on market, you need to see year over year sales data. You can find this information below.
In comparing year over year longer term data for Upton MA in 2007, it appears that there is still a slight downward trend in the average sale price for homes, as well as an increase in the days on the market for the same period in Upton MA.
These statistics are similar to many of the towns in Metrowest MA and represent the on going weakness in the market as compared to previous years. What must be stressed, however, is that these home figures still represent a healthy amount of sales. You can see the statistics by clicking on the previous Upton MA Real Estate market Reports link below. This will take you to an overview of the Real Estate market for all of 2007.
Click here to see previous Upton Real Estate Market Reports.
Selling a home in Upton 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 Upton 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 Upton MA it pays to have a Pro in your corner. 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!
** 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. **
_________________________________________________________________________________________________________
The above Upton MA Real Estate market report was provided by Bill Gassett, the team leader for the #4 RE/MAX
Team in Massachusetts in 2007. 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 Upton MA and other Metrowest towns for the last 22+ Years. Bill's office is conveniently located in the center of Hopkinton MA at 77 Main Street. Bill also has a Real Estate office located in the center of Upton.
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 Upton MA Real Estate and homes see Upton Massachusetts Real Estate. 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.
SUBSCRIBE TO MY METROWEST HOMES BLOG via email.
Building lasting relationships by helping people move in and out of Metrowest Massachusetts for the last 22 years.
Comments(2)