Westboro market statistics 2007 vs 2008
|
Single family activity |
Sold volume |
Avg sold price |
Median sold price |
Days on mkt
|
|
2008 |
130 |
444,000 |
374,000 |
97 |
|
2007 |
164 |
493,000 |
435,000 |
138 |
|
Trend |
Dn 21% |
Dn 10% |
Dn 14% |
Dn 30% |
While the number of homes sold was down dramatically -21%, the average sales price was down 10%. The median sales price was down 14% showing that homes in the lower price ranges are selling more readily in Westboro. The average days on market has improved by 41 days which tells me if sellers are more realistic about market conditions and pricing more accurately from the start the house will sell faster.
Hopkinton market statistics 2007 vs 2008
|
Single family activity |
Sold volume |
Avg sold price |
Median sold price |
Days on mkt
|
|
2008 |
129 |
594,000 |
569,000 |
131 |
|
2007 |
184 |
617,000 |
580,000 |
144 |
|
Trend |
Dn 30% |
Dn 4% |
Dn 2% |
Dn 9% |
While the number of homes sold was down dramatically, the average sales price was only down 4%. The median sales price held pretty steady showing that homes in all price ranges are still selling in Hopkinton. The average days on market has improved by 10 days which tells me sellers are more realistic about market conditions and pricing more accurately from the start.
Metrowest market statistics 2007 vs 2008
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Ashland, Hopkinton stats, Southboro, Holliston, Westboro, Grafton, Upton
2007 vs 2008
|
Single family activity |
Sold volume |
Avg sold price |
Median sold price |
Days on mkt
|
|
2008 |
1180 |
417,500 |
362,000 |
121 |
|
2007 |
1441 |
461,000 |
402,000 |
130 |
|
Trend |
- 19% |
- 9% |
-10% |
- 7% |
While the number of homes sold was down dramatically, the average sales price was down 9%. The median price was down by 10% showing a slight tilt of home sales to the lower price ranges, but overall homes are still selling in Metrowest. The average days on market has improved by 11 days, which tells me sellers are more realistic about the original asking price and therefore the homes are selling faster.
Grafton market statistics 2007 vs 2008
|
Single family activity |
Sold volume |
Avg sold price |
Median sold price |
Days on mkt
|
|
2008 |
119 |
389,000 |
340,000 |
160 |
|
2007 |
160 |
438,000 |
406,000 |
156 |
|
Trend |
Down 30% |
Down 4% |
Down 2% |
Down 9% |
While the number of homes sold was down dramatically, the average sales price was only down 4%. The median sales price held pretty steady showing that homes in all price ranges are still selling in Hopkinton. The average days on market has improved by 10 days which tells me sellers are more realistic about market conditions and pricing more accurately from the start.
Grafton MA is a quintessential new england town with its town common and gazebo as well as historic streets and well preserved victorian and colonial homes. This samll town is a suburb of Worcester MA but has grown greatly over the past 15 years with many new home developments and new schools. There are lots of commuters living here who take advantage of the suburban lifestyle combined with great access to Bostron via commuter rail or MA Pike (90). Its only minutes to rte 9 and 495 with a mix of hi-tech and bio-tech companies.
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