About Worcester County, MA

Westboro Massachusetts Real Estate Market Report for October 2009

In October of 2009 there were 14 homes that closed within the month for Westboro Massachusetts. This is a increase of 7 units, as there were 7 homes that closed in October of 2008.

The Average list price for the homes that closed in Westboro for October of 2008 was $466,433

The Average list price for the homes that closed in Westboro for October of 2009 was $369,850

The Average sale price for the homes that closed in Westboro for October of 2008 was $434,654

The Average sale price for the homes that closed in Westboro for October of 2009 was $357,179

The Average Market time for the homes that closed in Westboro in October of 2008 was 164 days.

The Average Market time for the homes that closed in Westboro October of 2009 was 131 days.

6 homes went under agreement in Westboro Massachusetts in the month of October. The average list price of the homes that went under agreement was $499,900 The average time on the market for these Westboro MA homes were 115 days.

Through October there have been 109 homes sold in Westboro. At this same time last year there were 112 homes sold.

January - December 2008 Market Statistics for Westboro Massachusetts

In Westboro MA for the period of January to December of 2007 there were 164 properties sold.

In Westboro MA for the period of January to December 2008 there were 130 properties sold.

In Westboro MA for the period of January to December in 2007 the average list price was $511,977 the average sale price was $493,296, and the average market time was 138 days.

In Westboro MA for the period of January to December in 2008 the average list price was $464,290 the average sale price was $444,367 and the average time on the market was 97 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 both went down year over year from January to December. This can be attributed to the on going weakness in the real estate market in Metrowest MA. There was however a decrease in the days on the market for the same period in Westboro MA. This is indictive of sellers becoming more realistic in pricing their homes properly.

These statistics are similar to many of the towns in Metrowest MA. Most of the surrounding towns experienced a decrease in the average list price and sale price for the January to December time frame.

There is some evidence to suggest however, that we may be nearing the Real Estate bottom for Westboro and the surrounding area.

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 three and a half 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!

** 85% 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 **

Here are some additional Real Estate reports for the other towns surrounding Westborough:

Market reports for Hopkinton

Market reports for Holliston

Market reports for Milford

Market reports for Southboro

Market reports for Upton

Market reports for Ashland

Thinking about selling a Westboro Home? Here are couple of Real Estate articles worth reading:

Preparing to sell a Massachusetts home

Massachusetts Home Selling Tips

_________________________________________________________________________________________________________

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 billgassett@remaxexec.com 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 23+ Years.

Thinking of selling your home? I have a passion for Real Estate and love to share my marketing expertise!

For Massachusetts and Westboro MA Real Estate and homes see Westboro MA Real Estate Want to have MLS access to beat other buyers to your dream home? Sign up with no obligation at my MLS Property Finder Site.

I service the following towns in Metrowest MA: Hopkinton, Milford, Upton, Southboro, Westboro, Ashland, Holliston, Mendon, Hopedale, Medway, Grafton, Northbridge, Uxbridge, and Framingham MA.

Click here to view Bill Gassett's Real Estate profile.

Subscribe in a reader

SUBSCRIBE TO MY METROWEST HOMES BLOG via email.

Building lasting relationships by helping people move in and out of Metrowest Massachusetts for the last 23 years.

100 DAYS OF CENTRAL MASS FEATURES ANNIE'S COUNTRY KITCHEN

We love this place so much that it made the list again! Annie's Country Kitchen, across the street from our office, is one of our favorite hometown country restaurants. Talk about A LOT of food for the money, this place has it all! Country fried steak, banana cream pies, texas french toast & more!

Outdoors they have a nice area for children to play in the sand with toys and dump trucks. Each day they feature a ton of specials and they are usually packed with customers. The service is friendly and fast, you can't beat it in Sturbridge.

I lived much of my life in North Carolina and James is from Texas so a good country kitchen is hard to come by in New England, but this one can definitely run with the best of them. If you're ever in the area, check it out!

Zach enjoying some fun outdoors while we waited for a table one busy morning:

Upton Massachusetts Real Estate Market Report October 2009

In October of 2009 there were 10 homes that closed within the month for Upton Massachusetts. This is an increase of 5 units, as there was 5 homes that closed in October of 2008.

The Average list price for the homes that closed in October of 2008 was $421,477

The Average list price for the homes that closed in October of 2009 was $429,240

The Average sale price for the homes that closed in October of 2008 was $407,000

The Average sale price for the homes that closed in October of 2009 was $412,000

The Average Market time for the homes that closed in October of 2008 was 22 days.

The Average Market time for the homes that closed in October of 2009 was 211 days.

There were no homes that went under agreement in Upton Massachusetts in the month of October. The average list price of the homes that went under agreement was $N/A. The average market time for these homes was N/A days.

Through October there have been 45 homes that have sold in Upton. At the same time last year 34 homes had sold.

January - December 2008 Market Statistics for Upton Massachusetts

In Upton MA for the period of January to December of 2007 there were 69 properties sold.

In Upton MA for the period of January to December 2008 there were 42 properties sold.

In Upton MA for the period of January to December in 2007 the average list price was $410,510 the average sale price was $398,666 and the average market time was 171 days.

In Upton MA for the period of January to December in 2008 the average list price was $440,847 the average sale price was $417,822 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 Upton MA.

In comparing year over year longer term data for Upton MA, it appears that there is still a slight downward trend in the average sale price for homes, as well as an decrease in the days on the market for the same period in Upton MA. These statistics can be somewhat misleading, however, because there is such as small sample of homes that have sold in Upton. Most surrounding communities have a larger number of sales as a comparative figure.

These statistics are similar to many of the towns in Metrowest MA and represent the on going weakness in the market as compared to previous years.

Click here to see previous Upton Real Estate Market Reports.

Market Reports for Mendon

Market reports for Hopkinton

Market reports for Holliston

Market reports for Milford

Market reports for Southboro

Market reports for Ashland

Market reports for Hopedale

Selling a home in Upton 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 Upton and many other Metrowest communities has changed over the last three and a half years. We are no longer in a seller's market. When selling a home in Upton Massachusetts, it pays to have a pro in your corner representing you.

We are no longer in a seller's market. When selling a home in Upton MA it pays to have a Pro in your corner. 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!

** 85% of all buyers are finding their homes on the Internet. See where I advertise on-line to create a dominant online presence for my clients. Metrowest MA Homes ~ How to effectively market to the masses on-line. **

_________________________________________________________________________________________________________

About the Author: The above Upton Massachusetts Real Estate market report was provided by Bill Gassett, a Nationally recognized leader in his field. Bill can be reached via email at billgassett@remaxexec.com or by phone at 508-435-5356. Bill has helped people move in and out of Upton Massachusetts and other Metrowest towns for the last 23+ Years.

Thinking of selling your home? I have a passion for Real Estate and love to share my marketing expertise!

For Massachusetts and Upton MA Real Estate and homes see Upton MA Real Estate. Want to have MLS access to beat other buyers to your dream home? Sign up with no obligation at my MLS Property Finder Site.

I service the following towns in Metrowest MA: Hopkinton, Milford, Upton, Southboro, Westboro, Ashland, Holliston, Mendon, Hopedale, Medway, Grafton, Northbridge, Uxbridge, Douglas, and Framingham MA.

Click here to view Bill Gassett's Real Estate profile.

Subscribe in a reader

SUBSCRIBE TO MY METROWEST HOMES BLOG via email.

Building lasting relationships by helping people move in and out of Metrowest Massachusetts for the last 23 years.

100 DAYS OF CENTRAL MASS FEATURES E.B.FLATTS

Located in East Brookfield, E.B.Flatts is named for it's location in the town. The section of East Brookfield where the restaurant is located was known as "the flats" for years. The grounds used to be part of an old airport in East Brookfield and now are covered with corn fields and restaurants.

E.B.Flatts has a very country feel with it's log cabin structure, cathedral ceilings and lots of collectibles for decor. There's a model train that goes along the interior beams on a track throughout the restaurant that the kids love!

Open for breakfast, it's usually pretty busy - a sign of some good food. Me and a friend took our kids for lunch one afternoon and the food was great, service was pleasant and atmosphere was enjoyable. If you're looking for some good country eating around the Brookfields, definitely give E.B.Flatts a try!

Source: www.realtor.com

As part of its plan to stimulate the U.S. housing market and address the economic challenges facing our nation, Congress has passed new legislation that:

• Extends the First-Time Home Buyer Tax Credit of up to $8,000 to first-time home buyers until April 30, 2010.
• Expands the credit to grant a $6,500 credit to current home owners purchasing a new or existing home between November 6, 2009 and April 30, 2010.

Here is more information about how the Extended Home Buyer Tax Credit can help prospective home buyers become part of the American dream.

Who Qualifies for the Extended Credit?

• First-time home buyers who purchase homes between November 6, 2009 and April 30, 2010.
  
• Current home owners purchasing a home between November 6, 2009 and April 30, 2010, who have used the home being sold or vacated as a principal residence for five consecutive years within the last eight.

To qualify as a "first-time home buyer" the purchaser or his/her spouse may not have owned a residence during the three years prior to the purchase.

Which Properties Are Eligible?

The Extended Home Buyer Tax Credit may be applied to primary residences, including: single-family homes, condos, townhomes, and co-ops.

How Much Is Available?

The maximum allowable credit for first-time home buyers is $8,000.

The maximum allowable credit for current homeowners is $6,500.

How is a Buyer's Credit Amount Determined?

Each home buyer's tax credit is determined by tow additional factors:

1. The price of the home.
2. The buyer's income.

Price

Under the Extended Home Buyer Tax Credit, credit may only be awarded on homes purchased for $800,000 or less.

Buyer Income

Under the Extended Home Buyer Tax Credit, which is effective on November 6, 2009, single buyers with incomes up to $125,000 and married couples with incomes up to $225,000-may receive the maximum tax credit.

These income limits have changed from the 2009 First-Time Home Buyer Tax Credit limits.

If the Buyer(s)' Income Exceeds These Limits, Can He/She Still Get a Credit?

Yes, some buyers may still be eligible for the credit.

The credit decreases for buyers who earn between $125,000 and $145,000 for single buyers and between $225,000 and $245,000 for home buyers filing jointly. The amount of the tax credit decreases as his/her income approaches the maximum limit. Home buyers earning more than the maximum qualifying income-over $145,000 for singles and over $245,000 for couples are not eligible for the credit.

Can a Buyer Still Qualify If He/She Closes After April 30, 2010?

Under the Extended Home Buyer Tax Credit, as long as a written binding contract to purchase is in effect on April 30, 2010, the purchaser will have until July 1, 2010 to close.

Will the Tax Credit Need to Be Repaid?

No. The buyer does not need to repay the tax credit, if he/she occupies the home for three years or more. However, if the property is sold during this three-year period, the full amount credit will be recouped on the sale.