Upton Massachusetts Real Estate Market Report September 2008

Upton MA Real Estate market report

 

 

 

 

 

 

 

 

 

 

In September of 2008 there was 1 home that closed within the month for Upton Massachusetts. This is a decrease of 8 units, as there were 9 homes that closed in September of 2007.

The Average list price for the homes that closed in Upton for September of 2007 was $432,728

The Average list price for the homes that closed in Upton for September of 2008 was $289,900

The Average sale price for the homes that closed in Upton for September of 2007 was $422,596

The Average sale price for the homes that closed in Upton for September of 2008 was $399,656

The Average Market time for the homes that closed in Upton in September of 2007 was 179 days.

The Average Market time for the homes that closed in Upton September of 2008 was 147 days.

 

There were 3 homes that went under agreement in Upton Massachusetts in the month of September. The average list price of these homes were $432,717. The average days on the market was 16.

 

                                    January - September Market Statistics for Upton Massachusetts

In Upton MA for the period of January to September of 2007 there were 50 properties sold.

In Upton MA for the period of January to September 2008 there were 29 properties sold.

In Upton MA for the period of January to September in 2007 the average list price was $433,521 the average sale price was $422,596 and the average market time was 179 days.

In Upton MA for the period of January to September in 2008 the average list price was $425,623 the average sale price was $399,656 and the average time on the market was 147 days.

** The above statistics are for single family homes only and do not include condo's or Multi-family homes in Upton MA.

In comparing year over year longer term data for Upton MA, it appears that there is still a slight downward trend in the average sale price for homes, as well as an decrease in the days on the market for the same period in Upton MA. These statistics can be somewhat misleading, however, because there is such as small sample of homes that have sold in Upton. Most surrounding communities have a larger number of sales as a comparative figure.

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.

Click here to see previous Upton Real Estate Market Reports.

Market Reports for Mendon

Market reports for Hopkinton 

Market reports for Holliston 

Market reports for Milford 

Market reports for Southboro 

Market reports for Ashland 

Market reports for Hopedale

 

Selling a home in Upton 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 Upton 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 Upton Massachusetts, it pays to have a pro in your corner representing you.

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. **

 

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The above Upton Massachusetts Real Estate market report was provided by Bill Gassett, the team leaderRE/Max Executive Realty Upton MA 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 Massachusetts 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.

 

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5 Comments on Upton Real Estate Market Report September 2008

OCT
07
2008
101,264 Points 4 Featured Posts Outside Blog Hit Router

Very extensive research for statistics and valuable to your clients - quite impressive.

5:09pm • #1
438,592 Points 47 Featured Posts Outside Blog

Cathy - Thanks. My market reports take a lot of time to put together but it is worth it. Thanks for commenting on Upton Real Estate.

5:14pm • #2
153,377 Points 4 Featured Posts Localism Sponsor Outside Blog Hit Router

My first impression when I saw the September results for Upton (1 home sale) was "Yikes!"  Over the course of the year though, your drop in sales % is not much different than mine.  The relative stability of Average Selling Price in Upton should be a positive sign for sellers.  As you mentioned a small population can easily be influenced by 1-2 sales.  Now that I've reviewed your market report a little close, I wouldn't hesitate to buy a home in Upton.

5:16pm • #3
537,396 Points 52 Featured Posts Localism Sponsor Outside Blog

I like your chalkboard.  Very cute Mr Teacher :)  Makes for a very aesthetically appealing market report!

7:00pm • #4
438,592 Points 47 Featured Posts Outside Blog

Erik - Upton is a town with a small population base and not that many homes turnover in a year. The amount of sales are down close to double. Thanks for commenting.

Renee - Thanks...I wish I had more students like you in my class:)

7:36pm • #5

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Bill Gassett Metrowest Massachusetts Real Estate

Hopkinton, MA

More about me…

RE/MAX Executive Realty

Address: 77 Main Street, Hopkinton, MA, 01748

Office Phone: (508) 435-5356

Email Me

Metrowest MA Real Estate - Realtor specializing in home sales in Hopkinton, Milford, Holliston, Ashland, Southboro, Westboro, Upton, Mendon, Hopedale, Grafton, Medway, Northbridge, Franklin, Douglas, Uxbridge and Framingham MA. Includes Real Estate home sellling & buying tips, Homes for sale in and around Metrowest, Metrowest MA Market reports.

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