Northbridge Massachusetts Real Estate Market Report for October 2011
In October of 2011 there was 6 homes that closed within the month for Northbridge Massachusetts. This is the same amount of units as there were 6 homes that closed in October of 2010.
The Average list price for the homes that closed in Northbridge for October of 2010 was $365,583
The Average list price for the homes that closed in Northbridge for October of 2011 was $159,517
The Average sale price for the homes that closed in Northbridge for October of 2010 was $351,250
The Average sale price for the homes that closed in Northbridge for October of 2011 was $149,433
The Average Market time for the homes that closed in Northbridge in October of 2010 was 299 days.
The Average Market time for the homes that closed in Northbridge October of 2011 was 151 days.
7 homes went under agreement in Northbridge Masssachusetts in the month of October. The average list price of the homes that went under agreement was $224,463. The average time on the market for these Northbridge MA homes was 116 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!
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.
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Building lasting relationships by helping people move in and out of Metrowest Massachusetts for the last 25 years.
Bill, this is an incredible difference in years for list and selling prices for sure...haven't seen one quite like this in my area...
Ginny you are looking at just one months sales data. It just so happens that in this past month the homes that sold were on the low end. It is not indicative of a crashing market.
Bill: This is the kind of information consumers can use to make solid decisions on their future home buying/selling. You are so consistent with your blogs!
WOW Bill, I know you cover a number of areas but I didn't recall that the Northbridge area was hit this hard with loss in property values. You always do such marvelous market reports Bill.
Bill There is no doubt you are the Northbridge expert. The level of detail in your market reports make that perfectly clear
hey Bill, excellent market stats and thorough resources for homebuyers and sellers! Have a great weekend!
Hi Bill....lots of useful market information for Home buying consumers, you sure know your real estate market.
Cheers
Bill--I haven't stopped by to read your reports for awhile but they are as full of information as ever! You are truly the expert in Northbridge.
Bill you consistently keep consumers in Northbridge up to date on the market. Your report revealed the dramatic change in the average price when compared to 2010
Bill I dropped in to wish you and your family the very happiest Thanksgiving Day
Great job Bill, the numbers are eye opening...many times you hear folks say one thing or another..it is nice to have such reliable information to assist them with the truth...continued success...
Jay