Mendon Massachusetts Real Estate Market Report for July 2010
In July of 2010 there was 1 home that closed within the month for Mendon Massachusetts. This is a decrease of 3 units as there were 4 homes that closed in July of 2009.
The Average list price for the homes that closed in Mendon for July of 2009 was $353,700
The Average list price for the homes that closed in Mendon for July of 2010 was $639,900
The Average sale price for the homes that closed in Mendon for July of 2009 was $328,750
The Average sale price for the homes that closed in Mendon for July of 2010 was $617,500
The Average Market time for the homes that closed in Mendon in July of 2009 was 136 days.
The Average Market time for the homes that closed in Mendon July of 2010 was 135 days.
0 homes went under agreement in Mendon Massachusetts in the month of July. The average list price of the homes that went under agreement was $N/A. The average time on the market was N/A.
Through July there have been 20 sales in Mendon. At this same point in time last year there were 13 sales.
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. **
_________________________________________________________________________________________________________
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!
For Massachusetts and Mendon MA Real Estate and homes see Mendon 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.
Click here to view Bill Gassett's Real Estate profile.
SUBSCRIBE TO MY METROWEST HOMES BLOG via email.
Building lasting relationships by helping people move in and out of Metrowest Massachusetts for the last 24 years.
If anyone ever had any doubts about which Realtor in your area knows their stuff, all they have to do is look no further than Bill Gassett. You are the man to call for all things Real Estate.
Bill same here. You know your market inside out! Thanks for the stats!
Your posts are a thing of beauty. I would not want to be competing with you!
Bill - as always, some useful market data for buyers and sellers. Looks like July slowed down quite a bit. Guess You can't say too much about any trending with only 1 sale.
Jeff
Bill, even though the days on market were relatively consistent through both years, the values of the homes almost doubled. That's incredible.
Bill, I'm w/Jeff ~ hard to watch a trend with just one sale. But as the saying goes one is better than none! We'll be watching what you have to report next month for Mednon MA real estate.
Bill -- It looks like positive trends are continuing... we will have to see if they continue once we are beyone the tax credit effect. A very consise and easy to understand report.
Thanks everyone for all your comment on my Mendon MA Real Estate report!
Ed - the values of the homes in Mendon have not doubled. You are just looking at what sold in the month of July. Not the market for the year.
Bill - You are certainly the expert in your area. Excellent overview of the activity in your market.
Bill - You are certainly the expert in your area. Excellent overview of the activity in your market.