Mendon Massachusetts Real Estate Market Report for September 2008
In September of 2008 there was 1 home that closed within the month for Mendon Massachusetts. This is the same number of units as there was 1 home that closed in September of 2007.
The Average list price for the homes that closed in Mendon for September of 2007 was $449,900
The Average list price for the homes that closed in Mendon for September of 2008 was $356,900
The Average sale price for the homes that closed in Mendon for September of 2007 was $500,000
The Average sale price for the homes that closed in Mendon for September of 2008 was $350,000
The Average Market time for the homes that closed in Mendon in September of 2007 was 8 days.
The Average Market time for the homes that closed in Mendon September of 2008 was 96 days.
1 home went under agreement in Mendon Massachusetts in the month of September. The average list price of the homes that went under agreement was $419,900. The average time on the market was 529 days.
January - September Market Statistics for Mendon Massachusetts
In Mendon MA for the period of January to September of 2007 there were 30 properties sold.
In Mendon MA for the period of January to September 2008 there were 28 properties sold.
In Mendon MA for the period of January to September in 2007 the average list price was $497,033 the average sale price was $481,437 and the average market time was 167 days.
In Mendon MA for the period of January to September in 2008 the average list price was $434,593 the average sale price was $421,100 and the average time on the market was 214 days.
** The above statistics are for single family homes only and do not include condo's or Multi-family homes in Mendon MA.
In comparing year over year longer term data for Mendon Massachusetts through June there have been lthe same amount of homes as the previous year. The average sale price decreased and the average days on the market increased year over year in Mendon.
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.
** The above statistics are for single family homes only and do not include condo's or Multi-family homes in Mendon Massachusetts.
When selling a home in Mendon Massachusetts, 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. **
Click here for previous months Real Estate Market reports for Mendon MA
Markets report for Hopkinton
Market reports for Holliston
Market reports for Milford
Market reports for Southboro
Market reports for Upton
Market reports for Ashland
Market reports for Hopedale
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The above Mendon Massachusetts 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 Mendon 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, Holliston, and Grafton to service home sales in Mendon MA.
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 Mendon MA Real Estate and homes see Mendon 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, Douglas, and Framingham MA.
Click here to view Bill Gassett's Real Estate profile.
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Bill, definitely a huge difference between 2007 and 2008 for DOM in Mendon not to mention sales price. Home Buyers in Mendon are getting some great deals on homes especially if they have you as their Realtor.