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.
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.
The total number of single family home sales in Wellesley for the 1st quarter of 2008: 50. The change from thesame period last year (61): -11, a decrease of 18%.
The median sale price was $1,079,750. The change from the same period 2007: -$70,250, a decrease of 18%.
Average Days on Market was 146, slightly less than the same period last year (155). The average List Price to Sales Price ratio also decreased slightly, to 96% from 95%.
There are currently 133 single family homes on the market in Wellesley, down from 157 a year ago. The median asking price is $1,375,000, up from $1,259,000 1 year ago.
All information is from the MLS Property Information Network, Inc.
If you are buying a home, there hasn't been a better time in years. There is more inventory, fewer buyers, and sellers are pricing their homes much more realistically. Interest rates are excellent. Desirable towns like Wellesley have always been a good investment, as well as a wonderful place to raise a family. The first step in the homebuying process is finding an experienced buyer agent to represent you. Now more than ever, experience matters.
Homes that are priced right are selling. If you are selling call or e-mail me to find out more about how to price your home for today's market. The first step in selling a home is to select the right Realtor. I have over 15 years experience assisting sellers and buyers in Wellesley and surrounding Metrowest towns.
Jon Treon 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 for the last 15 Years. Visit my website at http://www.jontreon.com/ for the latest MLS listings and buyer and seller info.
Total number of single family home sales, 1st quarter '08: 46. Change from same period last year: -16, a decrease of 25%.
The median price was $376,450. The change from the same period '07: -$52,050, a decrease of 12%.
Average Days on Market was 147, almost unchanged from the same period last year (150). The average List Price to Sales Price ratio also increased slightly, to 95% from 96%.
There are currently 103 single family homes on the market in Natick, down from 113 a year ago. The median asking price is $469,900, down from $499,900 1 year ago.
For Condominium sales, the total number of sales decreased significantly, from 34 in the 1st quarter '07 to 13 for the 1st quarter of this year. The median price, however, increased a bit, from $220,475 to $229,9000. Average time on market decreased slightly, from 174 days to 169 days.
There are currently 89 condominiums on the market in Natick, down from 115 a year ago, a 23% decrease in inventory. The median list price is $269,900, down from $344,900 one year ago.
Homes that are priced right are selling. Call or e-mail me to find out more about how to price your home for today's market. The first step in selling a home is to select the right Realtor. I have over 15 years experience assisting sellers and buyers in Natick and surrounding Metrowest towns.
Jon Treon can be reached via email at jon@jontreon.com or by phone at 508-397-6081. Jon has been assisting buyers and sellers in Natick, Framingham and Wayland, Massachusetts and other Metrowest Boston towns for the last 15 Years. Visit my website at www.jontreon.com for the latest MLS listings and buyer and seller info.
Do You or Does Someone You Know Have a Home or Property that Needs Some TLC?
Housing for All, a MetroWest affordable housing rehab and advocacy group, is looking for home and property restoration projects for those in need. We are seeking projects that can be completed within a day or two by a team of experienced handyman supervisors and volunteers. Examples of projects include window and door winterizing, retrofitting bathrooms and ramp construction for those with disabilities, building clean-up, wallpaper removal, interior and exterior painting, and outdoor clean-up. Our construction team will evaluate and discuss projects with each property owner before we start so that expectations are clear. All labor and materials costs will be provided by Housing for All.
For more information, please contact Mr. Chris Ross, Executive Director, Housing for All, at 508-872-2978.
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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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