Mendon Massachusetts Real Estate Market Report for January 2010
In January of 2009 there was 1 home that closed within the month for Mendon Massachusetts. This is the same number of units as there was 1 home that closed in January of 2009.
The Average list price for the homes that closed in Mendon for January of 2009 was $298,000
The Average list price for the homes that closed in Mendon for January of 2010 was $314,900
The Average sale price for the homes that closed in Mendon for January of 2009 was $294,000
The Average sale price for the homes that closed in Mendon for January of 2010 was $300,000
The Average Market time for the homes that closed in Mendon in January of 2009 was 156 days.
The Average Market time for the homes that closed in Mendon January of 2010 was 567 days.
** It should be noted that these statistics are for one sale and do not represent a good picture of the overall Real Estate market in Mendon.
1 home went under agreement in Mendon Massachusetts in the month of January. The average list price of the homes that went under agreement was $299,900. The average time on the market was 119 days.
January - December 2008 & 2009 Market Statistics for Mendon Massachusetts
In Mendon MA for the period of January to December of 2008 there were 37 properties sold.
In Mendon MA for the period of January to December 2009 there were 33 properties sold.
In Mendon MA for the period of January to December in 2008 the average list price was $416,676 the average sale price was $403,086 and the average market time was 211 days.
In Mendon MA for the period of January to December in 2009 the average list price was $363,512 the average sale price was $349,355 and the average time on the market was 140 days.
** The above statistics are for single family homes only and do not include condo's or Multi-family homes in Mendon MA.
In comparing year over year longer term data for Mendon Massachusetts there was a similiar amount of homes sold as compared to 2008. These numbers were weak as compared to previous years. The average sales price of homes also continued downward. There was however, a pretty substantial drop in the average days on the market for a home on the market in Mendon. This is a positive sign going forward. Mendon remains a good town for those seeking a moderately inexpensive home just outside of the more expensive Metrowest area.
** The above statistics are for single family homes only and do not include condo's or Multi-family homes in Mendon Massachusetts.
Click here for previous months Real Estate Market reports for Mendon MA
When selling a home in Mendon 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!
** Almost 90% of all buyers are finding their homes on the Internet. See where I advertise on-line to give my clients a dominant internet presence at Mendon Massachusetts Real Estate marketing. **
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About the author: The above Mendon 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 Mendon MA and other Metrowest towns for the last 24+ Years.
Thinking of selling your home? I have a passion for Real Estate and love to share my marketing expertise!
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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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Bill, you get a gold star for your updated market reports each month on areas in Metrowest MA! They are excellent.
Bill
Looks like the market time treally changed in Mendon in the course of a year.
Bill, finding the postive aspect, the DOM drop, is great news. We are in a similar market I think.
Bill,
Nice to see that your prices are moving in the right (upward) position.
Bill Are you recovering or did you never fall?
Hi Bill,
Great info you are providing to your area. Seems that the area hasn't been hit too badly as real estate still moves in your state!
Always happy to bear witness to a little upwards appreciation! Spread the word!
Bill - Bob here... Looks like you market is starting to move up... and that's a good thing... nice job
Just wanted to pop by and say Hi! It's been awhile :-)
Thanks everyone for all your comments on my Mendon Real Estate report!
Hope these market report attract you some potential buyers and sellers! GOOD LUCK!
The market looks quite attractive for Mendon Massachusetts homebuyers and sellers, with a low DOM!
Very interesting Real estate blog. Hope it will always be alive! Thanks for this...asia condos
hi Bill - Good to see prices coming up. That is an encouraging sign.