January-June 2008 single family home sales totaled 106. During the first half of 2007 there were 154 sales. This represents a drop in total number of sales of 31% for the same period.
The average days on market were 106, down from 116, representing a slight decrease in market time.
The median sale price of a single family home sold in the first half of 2008 was $405,500. For the same period 2007 the median was $438,500. This represents a drop in median sales price of almost 8 per cent. The lowest priced single family home sold in this period was for $135,000. The highest priced sale was $1,220,000.
There are currently 126 single family homes listed for sale in the MLS in Natick, compared with 138 on this day in 2007, a drop of almost 9%.
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Condominium sales for the first half of 2008 totaled 48. This compares with 76 for the same period of 2007, a decrease of 37% in number of sales.
The median selling priceof a Natick condo in the first half of 2008 was $228,000, compared to $231,750 for the same period '07. This is only a slight drop in median selling price over the same period.
The average time on market in 2008 is 111 days. This is down from 154 days on market over the first half of '07, a significant drop of 28% in total market time. Sale prices ranged from a low of $140,000 to a high of $950,000 for January-June 2008.
There are currently 73 condominiums listed for sale in Natick in the MLS, compared with 93 on this day in 2007, a significant decrease of over 20% in inventory.
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All information is from the MLS Property Information Network.
Jon Treon of RE/MAX Executive Realty can be reached via email at jon@jontreon.com or by phone at 508-397-6081. Jon has been assisting buyers and sellers in Metrowest Boston since 1993. Visit my website at www.jontreon.com for the latest MLS listings and buyer and seller info.
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Serving sellers and buyers of residential real estate in the Metrowest Boston area full time since 1993. I always put my clients needs first.
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