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BILLERICA REAL ESTATE - FOR THE MONTH OF JULY 2011 |
Here is what is happening in Real Estate Market of BILLERICA, MA for the month of JULY 2011. Please note that this statistics is for SINGLE FAMILY HOMES only. (SOURCE: MLSPIN)
| JULY 2010 | JULY 2011 | Trends | |
| Number of Homes Sold | 18 | 19 | |
| Median Sale Price | $308,500 | $274,000 | |
| Averge Sale Price | $327,029 | $255,989 | |
| Days on Market | 130 | 92 | |
| Sale Price to List Price Ratio | 97 | 97 | |
| Total Volume | $5,886,525 | $4,863,800 |
This table compares the real estate market in BILLERICA, MA for the month of JULY last year and this year. Almost same number of sales as it was last year - though days on market have gone down - and median/average price, too!
Feel free to reach me should you have any question about this.
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Home inspectors working in Billerica MA are required to perform a home inspection to the Massachusetts Home Inspector Standards of Practice. A copy of the standard will be provided to the client by the home inspector.
The MA Home Inspector Standards of Practice is written for the professional home inspector. United Inspection Service has created some easy to read Consumer Information Sheets illustrating what is included and excluded in a Standard MA home inspection. Clear client communications (3c) are one of our core values. See the easy to read one page consumer information sheets for each of the systems in a MA Home Inspection.
Visit the Billerica MA Home Inspection web page from United Inspection Service for some useful information about homes in Billerica MA and Massachusetts Home Inspections.
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Home buyers apparently took advantage of Billerica, Massachusetts real estate bargains in December.
Sales of single-family homes in Billerica, MA increased in December 2010 while the median home price declined sharply, according to data from MLS Property Information Network, Inc., the local multiple listing service.
Single-family homes sales in Billerica, MA increased 60 percent in December 2010, a difference of 9 sales compared to December 2009. The median price of single-family homes dropped 16.5 percent in December 2010 compared to December of the previous year, a $56,500 difference.
The median price of condominiums increased 72.3 percent, or $82,450, compared to December 2009. Condo sales in Billerica, MA fell 42.9 percent in December 2010, a difference of 3 sales.
There was only one multi-family home sold in December of 2010, an increase from the zero multi-family homes sold in December 2009.
Billerica, Massachusetts Real Estate Market Activity
Sales / Median Price
Single-family
December 2009 – 15 / $343,000
December 2010 – 24 / $286,500
Condominiums
December 2009 – 7 / $114,000
December 2010 – 4 / $196,450
Multi-family
December 2009 – 0 / $0
December 2010 – 1 / $365,000
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I saw this article today in Massachusetts Lawyer's Weekly blog. According to Mr. O'Brien at Essex County Registry of Deeds, MERS owes an estimated 200 millions dollars. Interesting story. I posted the link on our facebook page.
http://www.facebook.com/home.php#!/NewEnglandTitle
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