Northbridge Massachusetts Real Estate Market Report for March 2011
In March of 2011 there was 3 homes that closed within the month for Northbridge Massachusetts. This is a decrease of 4 units, as there were 7 homes that closed in March of 2010.
The Average list price for the homes that closed in Northbridge for March of 2010 was $208,511
The Average list price for the homes that closed in Northbridge for March of 2011 was $278,267
The Average sale price for the homes that closed in Northbridge for March of 2010 was $201,511
The Average sale price for the homes that closed in Northbridge for March of 2011 was $260,000
The Average Market time for the homes that closed in Northbridge in March of 2010 was 93 days.
The Average Market time for the homes that closed in Northbridge March of 2011 was 261 days.
10 homes went under agreement in Northbridge Masssachusetts in the month of March. The average list price of the homes that went under agreement was $272,412. The average time on the market for these Northbridge MA homes was 381 days.
In 2010 there were 90 Real Estate transactions in Northbridge. In 2009 there were 117 Real Estate transactions.
January - December 2008 & 2009 Market Statistics for Northbridge Massachusetts
In Northbridge MA for the period of January to December of 2010 there were 90 properties sold.
In Northbridge MA for the period of January to December 2009 there were 117 properties sold.
In Northbridge MA for the period of January to December in 2010 the average list price was $292,115 the average sale price was $281,847 and the average market time was 120 days.
In Northbridge MA for the period of January to December in 2009 the average list price was $280,651 the average sale price was $270,931 and the average time on the market was 131 days.
** The above statistics are for single family homes only and do not include condo's or Multi-family homes in Northbridge Massachusetts.
In comparing year over year longer term data for Northbridge MA, there was a trend towards more stability in market values. The average days on the market decreased by almost two weeks.
Northbridge remains an excellent town for both 1st time home buyers as well as those wishing to move up into the mid ranges of the market.
Below are market reports for other towns in the Northbridge area:
Selling a home in Northbridge 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 Northbridge 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 Northbridge Massachusetts, it pays to have a pro in your corner representing you.
When selling a home in Northbridge MA, 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 create a dominant internet presence for my clients at Northbridge Real Estate Marketing **
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About the author: The above Northbridge 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 Northbridge 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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Good morning Bill,
I will pass this information along to my brother. They live and work in Northbridge.
Have a good day!
❦ Very thorough report on the real estate market in Northbridge MA Bill. This is the kind of information buyers and sellers WANT from their Realtor!
Pamela
Excellent market update on Northbridge Bill!
Good morning sir,
The list price and sale price is up from last year, this is good. The DOM needs to fall back to last year tho.
Good signs overall for Northbridge, MA.
Bill - yes it's been a long cold winter... Hopefully these numbers of closings will increase for next month.. I am optimistic for this spring.. nice job as always Bill...
Excellent Northbridge MA market report Bill. The rise in prices is great for your sellers.
Bill I was looking back through your Market Reports for this month, and even though a few of them are showing decreases in sales, things seem like they are picking up a little bit there.
Bill -- It will be interesting to see how things play out in the spring market. Right now we are low on inventory... How is the market in your area?