Massachusetts Real Estate

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Milford Real Estate Market Report September 2011

                                   Milford Massachusetts Real Estate Market Report September 2011

 

 

 

 

 

 

 

 

 

 

 

In September of 2011 there were 13 homes that closed within the month for Milford Massachusetts. This is a decrease of 1 unit, as there were 14 homes that closed in September of 2010.

The Average list price for the homes that closed in Milford for September of 2010 was $276,214

The Average list price for the homes that closed in Milford for September of 2011 was $335,688

The Average sale price for the homes that closed in Milford for September of 2010 was $270,350

The Average sale price for the homes that closed in Milford for September of 2011 was $321,885

The Average Market time for the homes that closed in Milford in September of 2010 was 107 days.

The Average Market time for the homes that closed in Milford September of 2011 was 134 days.

 

13 homes went under agreement in Milford MA in the month of September. The average list price of the homes that went under agreement was $242,292. The average time on the market for these Milford homes were 137 days.

 

For 2010 there were 149 Real Estate transactions in Milford. In 2009 there were 172 Real Estate transactions.

 

                January - December 2009 & 2010 Market Statistics for Milford Massachusetts

 

In Milford MA for the period of January to December of 2010 there were 149 properties sold.

In Milford MA for the period of January to December 2009 there were 172 properties sold.

In Milford MA for the period of January to December in 2010 the average list price was $281,934 the average sale price was $272,450 and the average market time was 87 days.

In Milford MA for the period of January to December in 2009 the average list price was $291,066 the average sale price was $280,552 and the average time on the market was 126 days.

** The above statistics are for single family homes only and do not include condo's or Multi-family homes in Milford MA.

In comparing year over year longer term data for Milford Massachusetts, it appears that there has been a trend towards somewhat of a stabilization of market values. The number of home sales dropped in 2010 as compared to 2009 but the days on market were down substantially. The upper end of the market remained weak but the 1st time buyer market flourished in Milford.

Milford has become quite attractive to the 1st time home buyers segment due to a large stock of inventory in the lower price points.

Click here to see previous Milford MA Real Estate Market reports.

Market reports for Hopkinton

Market reports for Holliston

Market Reports for Mendon

Market reports for Hopedale

Market reports for Southboro

Market reports for Upton

Market reports for Ashland

Market Reports for Westboro

Real Estate interview questions for Realtors

Selling a home in Milford 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 Milford 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 Milford Mass, 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 interner presence at Milford Massachusetts Real Estate Marketing. **

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About the Author: This Milford Massachusetts Real Estate market report was provided by Bill Gassett, aRE/MAX Executive Realty Milford Mass Real Estate 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 Milford MA and other Metrowest towns for the last 25+ Years.

Thinking of selling your home? I have a passion for Real Estate and love to share my marketing expertise!

For Massachusetts and Milford MA Real Estate and homes see Milford 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, Franklin, Grafton, Bellingham, Northboro, Shrewsbury, Northbridge, Uxbridge, and Framingham MA.

Click here to view Bill Gassett's Real Estate profile

 

 

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Comment balloon 4 commentsBill Gassett • October 10 2011 07:36AM

Comments

Bill, as always thanks for the report - it would appear the numbers have held steady despite the economy...the mortgage rate have certainly allowed folks to get more home for a reasonable payment. Best to you. Steve

Posted by Steve Loynd, 800-926-5653, White Mountains NH ( Alpine Lakes Real Estate Inc., ) almost 7 years ago

Another fine Milford MA real estate market report.  The good news for sellers is, they can expect (on average) a 16% sales price increase from last year.  Good information Bill.

Posted by Anita Clark, Realtor - Homes for Sale in Warner Robins GA (ColdwellBanker SSK Realtors ~ 478.960.8055) almost 7 years ago

I like the addition of the interview questions and the link to your marketing, very smart.  Hey, were you at the Fall Conference last week?  I meant to catch up with you there.

Posted by Larry Lawfer, "I listen for a living." It's all about you. (YourStories Realty Group) almost 7 years ago

I still think you are a master of information, great reports again Bill, as usual!!!!

Posted by Steve Mattison, Vietnam Veteran almost 7 years ago

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