Westboro Massachusetts Real Estate Market Report for November 2011
In November of 2011 there were 5 homes that closed within the month for Westboro Massachusetts. This is an decrease of 3 units, as there was 8 homes that closed in November of 2010.
The Average list price for the homes that closed in Westboro for November of 2010 was $538,838
The Average list price for the homes that closed in Westboro for November of 2011 was $346,760
The Average sale price for the homes that closed in Westboro for November of 2010 was $487,031
The Average sale price for the homes that closed in Westboro for November of 2011 was $335,120
The Average Market time for the homes that closed in Westboro in November of 2010 was 296 days.
The Average Market time for the homes that closed in Westboro November of 2011 was 86 days.
9 homes went under agreement in Westboro Massachusetts in the month of November. The average list price of the homes that went under agreement was $328,167. The average time on the market for these Westboro MA homes were 142 days.
In 2010 there were 103 Real Estate transactions in Westboro. In 2009 there were 133 transaction in Westboro.
January - December 2009 & 2010 Market Statistics for Westboro Massachusetts
In Westboro MA for the period of January to December of 2010 there were 103 properties sold.
In Westboro MA for the period of January to December 2009 there were 133 properties sold.
In Westboro MA for the period of January to December in 2010 the average list price was $476,256 the average sale price was $453,802, and the average market time was 120 days.
In Westboro MA for the period of January to December in 2009 the average list price was $465,326 the average sale price was $443,595 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 Westboro Massachusetts.
In comparing year over year longer term data for Westboro Massachusetts, the average list price and sale price were very similar to 2009. Westboro ended the year with less sales than in 2009 but overall the market saw firming of values especially with moderate to lower end priced homes. The upper end of the market remained week.
As we start 2011 inventory levels in Westboro are very low which is a great sign for the Spring market. There is some evidence to suggest that we may be nearing the Real Estate bottom for Westboro and the surrounding area.
Here are some additional Real Estate reports for the other towns near Westborough:
Selling a home in Westboro 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 Westboro and many other Metrowest communities has changed over the last five years. We are no longer in a seller's market. When selling a home in Westboro Massachusetts, it pays to have a pro in your corner representing you.
When selling a home in Westboro MA, it pays to have a pro in your corner representing you. Here are some Real Estate interview questions to ask when interviewing your agent, that will help you determine if you are hiring a top producer or not!
** 90% of all buyers are finding their homes on the Internet. See where I advertise on-line to give my clients dominant internet exposure at Westboro MA Real Estate marketing **
Thinking about selling a Westboro Home? Here are couple of Real Estate articles worth reading:
About the Author: The above Westboro Massachusetts Real Estate market report was provided by Bill Gassett, a Nationally recognized leader in his field. Bill can be reached via email at firstname.lastname@example.org or by phone at 508-435-5356. Bill has helped people move in and out of Westboro Massachusetts and other Metrowest towns for the last 24+ Years.
Thinking of selling your home? I have a passion for Real Estate and love to share my marketing expertise!
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