July and August 2008 single family home sales in Natick, Massachusetts totaled 60. During the same period 2007 there were 73 sales. This represents a drop in total number of sales of 18% for the same period.
The average days on market were 82, unchanged from the previous year.
The median sale price of a single family home sold during July and August 2008 was $421,000. For the same period 2007 the median was $467,000. This represents a drop in median sales price of 10 per cent. The average selling price for July & August 2008 was $475,840, down from $546,147, a 13% decrease.
The average list-to-sales price ratio was 96%, down from 98% last year.
There are currently 119 single family homes listed for sale in the MLS in Natick, compared with 126 on this day in 2007. This represents a 5 months supply of inventory of single family homes for sale.
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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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