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Market Report for Spencer Mass

By
Real Estate Agent with RE/MAX Professional Associates

The median sales price for homes in Spencer MA for Jul 11 to Sep 11 was $145,500. This represents a decline of 12.3%, or $20,500, compared to the prior quarter and a decrease of 6.9% compared to the prior year. Sales prices have depreciated 41.3% over the last 5 years in Spencer. The average listing price for Spencer homes for sale on Trulia was $250,025 for the week ending Oct 12, which represents a decline of 1.6%, or $4,035, compared to the prior week and a decline of 0.5%, or $1,306, compared to the week ending Sep 21. Average price per square foot for Spencer MA was $94, a decrease of 6.9% compared to the same period last year.

Price Range Number of Listings Avg. Days on Market $20,000 - $29,999 1 202 $50,000 - $59,999 1 66 $60,000 - $69,999 1 265 $80,000 - $89,999 1 134 $90,000 - $99,999 1 84 $100,000 - $119,999 1 85 $120,000 - $159,999 8 116 $160,000 - $199,999 3 184 $200,000 - $249,999 2 91 $250,000 - $299,999 2 84 Total Properties 21 Avg. 127 Lowest Price: $21,098.00 Median Price: $143,750.00 Highest Price: $277,000.00 Average Price: $145,749.00 Total Market Volume: $3,060,748.00 Total Market Volume: $3,060,748.00

This was some information taken from MLSPin and Trulia

Conrad Allen
Re/Max Professional Associates - Webster, MA
Webster, Ma, Realtor

Hi Pam - Trulia's numbers paint a bad picture of values.  They are listing prices not sales prices so there is a difference.

Oct 18, 2011 11:07 PM