Mendon Massachusetts Real Estate Market Report for February 2010
In February of 2010 there was 3 homes that closed within the month for Mendon Massachusetts. This is an increase of 2 units as there was 1 home that closed in February of 2009.
The Average list price for the homes that closed in Mendon for February of 2009 was $474,900
The Average list price for the homes that closed in Mendon for February of 2010 was $264,933
The Average sale price for the homes that closed in Mendon for February of 2009 was $452,500
The Average sale price for the homes that closed in Mendon for February of 2010 was $257,767
The Average Market time for the homes that closed in Mendon in February of 2009 was 258 days.
The Average Market time for the homes that closed in Mendon February of 2010 was 52 days.
2 home went under agreement in Mendon Massachusetts in the month of February. The average list price of the homes that went under agreement was $487,712. The average time on the market was 478 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
Nice market report on Mendon; your reports are very easy to read and one gets the information right away. Great job.
Bill - Nice to see a decrease in the DOM. Sounds very encouraging for sellers in the Mendon area.
Bill, as Donna said, good to see days on market come down! You sent me on a google search of Mendon, looks like a great place and very historical, which has my vote!
My younger years were spent in Winchester, I am always interested in what is going on in MA!
Bill,
Sounds like prices in Mendon are becoming more reasonable and affordable for most consumers. Things are picking up here since the weather broke this past Saturday. We have our Home Show this weekend.
Hope Spring brings good fortune to you... ;>))
Bill, a 66% increase is a very good increase no matter the number of sales. In fact any increase these days is good.
Bill -a nice report.. and I will echo those who have comment before, it is good to see improvement in the market. I hope thise keeps up.
Bill, I keep watching your reports and it looks like the market is picking up in your area. Happy Selling!
Hey Bill,
You always do such a great job on all of your Metro-West MA real estate reports. You know your stuff and you know your market, it's clear to see why you're the first choice for real estate in MA!
Thanks everyone for all your comments on my Mendon Real Estate report. The year has started off very well in my area for Real Estate.
Bill - Glad you are off to a great year ! That is awesome. As usual, love your reports. Not a lot of volume in Mendon but the days on market certainly looks strong year over year as well as the pricing available now to new home buyers !
Bill I agree with George, any increase is a good thing. DOM and price down in Mendon MA could be a recipe for a great year in real estate.
Bill All I can say is I agree with all thr folks abov it is great to see market improvement
Bill, I also like your market reports, and glad to see the market is improving in Mass...hoping it will get better in my area soon.
Bill, it's good to see DOM improvement in your areas.
I have a question, though - I note that you don't use graphs. Does that help bring consumers to your blog, or have you found that it does not matter if graphics are included?
I think there is no right answer to that question William. I know some folks like graphics and others like reading stats. I prefer the written word myself:)
Another nicely done report for Mendon Massachusetts, Bill. your Real Estate Market Report for February 2010 is looking even better than last month's.
Hope you're keeping safe in those storms!
As a new player, I might need some game guides or information to enhance myself for real estate. Anyway thanks for great real estate blog.
Interesting real estate blog and I will do some research to learn more – keep the good work
Bill - tons of great information on your market report! thank you