Upton Massachusetts Real Estate Market Report December 2008
In December of 2008 there was 4 homes that closed within the month for Upton Massachusetts. This is a decrease of 1 units, as there were 3 homes that closed in December of 2007.
The Average list price for the homes that closed in Upton for December of 2007 was $342,267
The Average list price for the homes that closed in Upton for December of 2008 was $507,175
The Average sale price for the homes that closed in Upton for December of 2007 was $322,000
The Average sale price for the homes that closed in Upton for December of 2008 was $477,000
The Average Market time for the homes that closed in Upton in December of 2007 was 144 days.
The Average Market time for the homes that closed in Upton December of 2008 was 131 days.
There were 0 homes that went under agreement in Upton Massachusetts in the month of December.
January - December Market Statistics for Upton Massachusetts
In Upton MA for the period of January to December of 2007 there were 69 properties sold.
In Upton MA for the period of January to December 2008 there were 42 properties sold.
In Upton MA for the period of January to December in 2007 the average list price was $410,510 the average sale price was $398,666 and the average market time was 171 days.
In Upton MA for the period of January to December in 2008 the average list price was $440,847 the average sale price was $417,822 and the average time on the market was 125 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 Real Estate 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 where I advertise on-line to create a dominant online presence for my clients. Metrowest MA Homes ~ How to effectively market to the masses on-line. **
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About the Author: The above Upton Massachusetts Real Estate market report was provided by Bill Gassett,
a Nationally recognized leader in his field. 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 23+ Years.
Thinking of selling your home? I have a passion for Real Estate and love to share my marketing expertise!
For Massachusetts and Upton MA Real Estate and homes see Upton 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.
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What an interesting comparison for Dec. '07 and '08 for this area. Averages for homes in many areas here are lower than they were in Dec. '07. In fact, I am seeing 2004 prices in many areas. That is good to see home averages went up in Upton when compared to the year prior.