Westboro Massachusetts Real Estate Market Report for June 2008
In June of 2008 there were 10 homes that closed within the month for Westboro Massachusetts. This is an decrease of 13 units as there were 23 homes that closed in June of 2007.
The Average list price for the homes that closed in Westboro for June of 2007 was $526,878
The Average list price for the homes that closed in Westboro for June of 2008 was $365,375
The Average sale price for the homes that closed in Westboro for June of 2007 was $512,828
The Average sale price for the homes that closed in Westboro for June of 2006 was $350,380
The Average Market time for the homes that closed in Westboro in June of 2007 was 147 days.
The Average Market time for the homes that closed in Westboro June of 2008 was 107 days.
20 homes went under agreement in Westboro MA in the month of June. The average list price of the homes that went under agreement was $562,995. The average time on the market for these Westboro MA homes were 55 days.
January - June Market Statistics for Westboro Massachusetts
In Westboro MA for the period of January to June of 2007 there were 86 properties sold.
In Westboro MA for the period of January to June 2008 there were 53 properties sold.
In Westboro MA for the period of January to June in 2007 the average list price was $463,354 the average sale price was $448,781, and the average market time was 153 days.
In Westboro MA for the period of January to June in 2008 the average list price was $413,884 the average sale price was $393,160 and the average time on the market was 117 days.
** The above statistics are for single family homes only and do not include condo's or Multi-family homes in Westboro Massachusetts.
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 June. This can be attributed to the on going weakness in the real estate market in Metrowest MA. There was however a decrease in the days on the market for the same period in Westboro MA. This is indictive of sellers becoming more realistic in pricing their homes properly. The number of sales so far year to date is down substantially from last year.
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 June time frame.
Selling a home in Westboro Massachusetts 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 and many other Metrowest communities has changed over the last three and a half years. We are no longer in a seller's market. When selling a home in Westboro Massachusetts, it pays to have a pro in your corner representing you.
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!
** 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 Westboro 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 firstname.lastname@example.org 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 22+ 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.
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I service the following towns in Metrowest MA: Hopkinton, Milford, Upton, Southboro, Westboro, Ashland, Holliston, Mendon, Hopedale, Medway, Grafton, Northbridge, Uxbridge, and Framingham MA.
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Building lasting relationships by helping people move in and out of Metrowest Massachusetts for the last 22 years.