Upton Massachusetts Real Estate Market Report November 2009
In November of 2009 there were 5 homes that closed within the month for Upton Massachusetts. This is an increase of 1 units, as there was 4 homes that closed in November of 2008.
The Average list price for the homes that closed in November of 2008 was $511,716
The Average list price for the homes that closed in November of 2009 was $487,900
The Average sale price for the homes that closed in November of 2008 was $503,881
The Average sale price for the homes that closed in November of 2009 was $472,500
The Average Market time for the homes that closed in November of 2008 was 61 days.
The Average Market time for the homes that closed in November of 2009 was 144 days.
There were 5 homes that went under agreement in Upton Massachusetts in the month of November. The average list price of the homes that went under agreement was $332,156. The average market time for these homes was 358 days.
Through November there have been 51 homes that have sold in Upton. At the same time last year 38 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.
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. **
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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.
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Great report Bill. I don't believe that Upton (being in the price range it is) would be affected by the 1st time home buyers credit it it? But your numbers of sold this year over last are substantially higher - any idea what's causing the increase? Again, you are the expert in Metrowest MA. And a good reminder for me to get to my Raleigh reports!!
Thanks for sharing your local stats with us this morning. Looking great
Hey Bill,
Great job on sharing your area's stats! Thank you.
Pam the 1st time buyers tax credit has helped along with the fact that homes have become more affordable to more buyers. Upton does have more of their housing stock at the lower end of the market which helps.
Bill Your market reports always spell it out clearly and are easy to read and understand. Also, I found the chalkboard I asked you about and used it in a post this AM in a very different way - I don't plan to ever use it on market reports
Hi Bill...Look at that your Average home prices moving up, Home Buyers better jump on board with you while they still have some great choices and record low mortgage interest rates.
Hi Bill, not only are your Market Reports incredibly full of useful info, the comparison numbers for Upton Massachusetts Real Estate from 2008 and November 2009 are great! Cheers to continued upward momentum and a Happy Holidays to you!
Great job as always on your market reports - that is next on my agenda this week. You are to be admired on how prompt and thorough you are.
I really think I need to put out more info on Market Reports. It really shows your expertise in these areas Bill ! Very impressive ! Here is to a great 2010 !!
Bill, looks like your market is holding and maybe coming back a little. Your reports are really easy to follow. Hope 2010 is very productive.
Thanks everyone for all your compliments on my Upton Real Estate report. I see things continuing to inprove in the local Real Estate market going forward.