Millville MA Real Estate Report for 2010

Millville MA Real Estate Report for 2010

January 5, 2011, Millville, MA: What happened in the Millville, Massachusetts, real estate market in 2010? Here are some key data to compare 2010 with 2009:

2010

Number of Single Family Homes Sold: 21
Average Days on Market: 97
Average Sale Price: $248,833

2009

Number of Single Family Homes Sold: 23
Average Days on Market: 158
Average Sale Price: $224,083

Summary: In 2010, there were just two fewer homes sold in Millville compared to 2009. The good news is that the time on the market decreased in 2010, and the average sale price increased by about 10%. Similar trends are seen across the state of Massachusetts. The tax credit incentives in late 2009 and the first half of 2010 may have caused some of the increase in home prices, and what we will be watching for in 2011 are sale price changes now that the tax credit incentives have ended.

Snapshot of the Current Millville Real Estate Market

Number of Homes Currrently on the Market: 8
Average Days on Market: 377*
Average List Price: $338,438

*The average days on market are skewed by two properties that have been listed for over 900 days each. Remove them from the picture, and average market time is 186 days with average list price of $357,100.

If you have questions about the Millville, MA, real estate market please contact me. I will be happy to help you navigate what continues to be a changing and challenging market.

Yours in real estate,

Kathryn Acciari, REALTOR
RE/MAX Professional Associates - Sturbridge, MA
Serving the Home Buyers and Sellers of South-Central Massachusetts
(508) 982-0686 cell
kathrynacciari@remax.net email