Ashland Massachusetts Real Estate Market Report November 2009

In November of 2009 there were 20 homes that closed within the month for Ashland MA. This is an increase of 15 units as there were 5 homes that closed in November of 2008.
The Average list price for the homes that closed in November of 2008 was $456,740
The Average list price for the homes that closed in November of 2009 was $310,631
The Average sale price for the homes that closed in November of 2008 was $450,980
The Average sale price for the homes that closed in November of 2009 was $303,620
The Average Market time for the homes that closed in November of 2008 was 210 days.
The Average Market time for the homes that closed in November of 2009 was 82 days.
7 homes went under agreement in Ashland Massachusetts in the month of November. The average list price of the homes that went under agreement was $406,973. The average time on the market for these Ashland homes were 88 days.
Through November in Ashland there have been 121 homes sold. There were 111 homes sold last year through this same time period.
January - December 2008 Market Statistics for Ashland Massachusetts
In Ashland MA for the period of January to December of 2007 there were 131 properties sold.
In Ashland MA for the period of January to December 2008 there were 118 properties sold.
In Ashland MA for the period of January to December in 2007 the average list price was $488,633 the average sale price was $435,250 and the average market time was 119 days.
In Ashland MA for the period of January to December in 2008 the average list price was $430,229 the average sale price was $415,211 and the average time on the market was 112 days.
** The above statistics are for single family homes only and do not include condo's or Multi-family homes in Ashland MA.
In comparing year over year longer term data for Ashland MA, it appears that there is still a downward trend in the average sale price for homes. The average days on the market for the homes that have closed year to date have gone down in Ashland which is not typical of most Metrowest towns. Ashland sales volume is not down that much either.
These statistics are contrary to many of the towns in Metrowest MA. Ashland has not taken as drastic a hit as some of the surrounding towns.
Click here to see previous Ashland Real Estate Market Reports.
Selling a home in Ashland 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 Ashland 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 Ashland Massachusetts, 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 how I go about giving my clients unsurpassed online marketing exposure here Ashland MA Real Estate marketing **
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About the Author: The above Ashland Massachusetts 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 Ashland MA and other Metrowest towns for the last 24+ Years.
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I suspect that no small part of the increase in sales volume is due to the very low interest rates this year over last.
The decrease in sale price is likely to be due to the percentage of short sales and foreclosure downward pressure on price.
Who knows????
Nice report and it shows you are the expert of your local market. .
Bill
Great market report. I like the clip board. Are there exisitng buyers stepping up to purchase in your market looking to use the credit they get for buyers moving up to another home?
Bill - Looks like there are some smart buyers out there snatching up some great values with the increase in deals !
Hi Bill! Great report! An increase 20 over 5 last year? Now THAT is progress!
Tom - there is a fair mix of move up buyers in Ashland as well as 1st time buyers.
Debe - Thanks for pointing out that mistake! I have made the correction:)
Bill, WOW that is a 300% increase in sales. Can you imagine how quickly things would turn around if that happened every where :)
great info as alwats Bill and gla to see the upswing in sales - hope a bunch of them are yours
George & Randall - The end of the year sales figures for Ashland were excellent! Thanks for your comments.
No doubt, real estate is the great deal for business nowadays, Aside for the increasing of its value every year, it is also a investment that surely out of bankcruptcy.
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