The Warren Group, publisher of Banker & Tradesman just released their data on Massachusetts single family home sales. Their report shows that the four year trend of sliding sales seems to finally be reversed with home sales now up by 3% from 2008 to 2009.
Most Realtors will acknowledge that the Massachusetts market peak was during 2005 when prices were almost 20% higher than the current 2009 sales data.
According to the (MLSPIN) Multiple Listing Service, there are currently 104 total single family homes, including new construction, for sale in Franklin. During the past 30 days, sales were posted within 3% of a seller's asking price. Also the data shows that sellers averaged a 4.5% price change from their original price.
The key seems to be pricing right from the start. This has allowed many sellers to capture the current wave of buyers, and in some cases, start a bidding war for offers...
Wouldn't it be nice to have buyers fighting over you and your home?
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