Upton Massachusetts Real Estate Market Report February 2010
In February of 2010 there was 4 homes that closed within the month for Upton Massachusetts. This is an increase of 3 units, as there was 1 home that closed in February of 2009.
The Average list price for the homes that closed in February of 2009 was $119,000
The Average list price for the homes that closed in February of 2010 was $265,225
The Average sale price for the homes that closed in February of 2009 was $100,000
The Average sale price for the homes that closed in February of 2010 was $247,500
The Average Market time for the homes that closed in February of 2009 was 89 days.
The Average Market time for the homes that closed in February of 2010 was 104 days.
There were 2 homes that went under agreement in Upton Massachusetts in the month of February. The average list price of the homes that went under agreement was $611,950. The average market time for these homes was 213 days.
January - December 2008 & 2009 Market Statistics for Upton Massachusetts
In Upton MA for the period of January to December of 2008 there were 42 properties sold.
In Upton MA for the period of January to December 2009 there were 56 properties sold.
In Upton MA for the period of January to December in 2008 the average list price was $440,847 the average sale price was $418,537 and the average market time was 126 days.
In Upton MA for the period of January to December in 2009 the average list price was $416,507 the average sale price was $403,049 and the average time on the market was 149 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. The average time for a home on the market also went up. The good news however, it that there were quite a few more home sales in 2009!
For those buyers that are looking for a rural town with great lot sizes and only a little longer commute time, Upton remains an excellent choice.
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 five 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!
** Almost 90% 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 at Upton Massachusetts Real Estate Marketing . **
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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 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, Franklin, Hopedale, Medway, Grafton, Northbridge, Uxbridge, Douglas, and Framingham MA.
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Great local information, Bill. I hope your listings were included in the solds.
Average time on the market for Feb is 104 days, not bad, things are definately looking up
Bill, The market in Upton certainly is looking up...pun intended. That's good news for your area and all the beautiful areas in MA you serve.
Bill, I think these are the lowest housing prices that I have seen you post, and at these prices I would expect to continue to see increases in sales.
Increased sales will get rid of the inventory and then the prices will start moving up again.
George - You are just looking at a few lower end sales that just happened to occur in this particular month. It is not a reflection of a market drop.