Northbridge Massachusetts Real Estate Market Report for August 2011
In August of 2011 there was 7 homes that closed within the month for Northbridge Massachusetts. This is an increase of 1 unit, as there were 6 homes that closed in August of 2010.
The Average list price for the homes that closed in Northbridge for August of 2010 was $294,683
The Average list price for the homes that closed in Northbridge for August of 2011 was $303,971
The Average sale price for the homes that closed in Northbridge for August of 2010 was $290,817
The Average sale price for the homes that closed in Northbridge for August of 2011 was $292,643
The Average Market time for the homes that closed in Northbridge in August of 2010 was 163 days.
The Average Market time for the homes that closed in Northbridge August of 2011 was 171 days.
5 homes went under agreement in Northbridge Masssachusetts in the month of August. The average list price of the homes that went under agreement was $219,900. The average time on the market for these Northbridge MA homes was 119 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 **
_________________________________________________________________________________________________________
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!
For Massachusetts and Northbridge MA Real Estate and homes see Northbridge MA 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, Shrewsbury, Northboro, Bellingham, 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 25 years.
Good morning Bill!
Thank you for another detailed report of your market area.
I am doing a CMA in Northbridge this week so your information will be very helpful!
Hi Bill, great detailed market report for Northbridge. With all the market reports you do, it will be so easy for you to complete the new AR contest, Market Reports Get Recognition - Monthly Bonus Points!
Bill, Northbridge, MA seems to be holding its own, which in this market is very important. Great job of keeping everyone abreast of what is going on in the real estate market for Northbridge, Massachusetts!
Bill, Northbridgre MA looks like it's in good shape with averages a little higher than the previous year. Nice job keeping buyers and sellers up-to-date with the market stats!
Another fine market report Bill. Homes in Northbridge MA look to be reasonably priced.
Thanks everyone for all your comments on my monthly Northbridge MA Real Estate report!
Bill, It is good to read thatavergae sales price is higher in 2011 than it was in 2010.
Bill great report for Northbridge MA. 1 more sale than last year, and the average price was up this year.