Ashland Massachusetts Real Estate Market Report August 2008
In August of 2008 there were 9 homes that closed within the month for Ashland MA. This is a decrease of 10 units as there were 19 homes that closed in August of 2007.
The Average list price for the homes that closed in Ashland for August of 2007 was $447,289
The Average list price for the homes that closed in Ashland for August of 2008 was $359,944
The Average sale price for the homes that closed in Ashland for August of 2007 was $438,595
The Average sale price for the homes that closed in Ashland for August of 2008 was $341,864
The Average Market time for the homes that closed in Ashland in August of 2007 was 81 days.
The Average Market time for the homes that closed in Ashland August of 2008 was78 days.
14 homes went under agreement in Ashland Massachusetts in the month of August. The average list price of the homes that went under agreement was $393,271. The average time on the market for these Ashland homes were 117 days.
January - August Market Statistics for Ashland Massachusetts
In Ashland MA for the period of January to August of 2007 there were 95 properties sold.
In Ashland MA for the period of January to August 2008 there were 79 properties sold.
In Ashland MA for the period of January to August in 2007 the average list price was $458,353 the average sale price was $446,000 and the average market time was 125 days.
In Ashland MA for the period of January to August in 2008 the average list price was $441,345 the average sale price was $427,860 and the average time on the market was 104 days.
** The above statistics are for single family homes only and do not include condo's or Multi-family homes in Ashland MA.
In comparing year over year longer term data for Ashland MA, it appears that there is still a downward trend in the average sale price for homes. The average days on the market for the homes that have cloed year to date have gone down in Ashland.
These statistics are similar to many of the towns in Metrowest MA and represent the on going weakness in the market as compared to previous years. What must be stressed, however, is that these home figures still represent a healthy amount of sales.
Click here to see previous Ashland Real Estate Market Reports.
Selling a home in Ashland 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 Ashland and many other Metrowest communities has changed over the last three and a half years. We are no longer in a seller's market. When selling a home in Ashland Massachusetts, it pays to have a pro in your corner representing you.
Here are some excellent questions to ask when interviewing your agent, that will help you determine if you are hiring a top producer or not!
** 85% of all buyers are finding their homes on the Internet. See this must read article on where I advertise on-line. Metrowest MA Homes ~ How to effectively market to the masses on-line. **
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The above Ashland Massachusetts market report was provided by Bill Gassett, the team leader for the #4 
RE/MAX Team in Massachusetts in 2007. 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 Ashland MA and other Metrowest towns for the last 22+ Years. Bill's office is conveniently located in the center of Hopkinton MA at 77 Main Street. RE/MAX Executive Realty also has offices in Holliston and Natick to service home sales in Ashland MA.
I have a passion for Real Estate and love to share my marketing expertise! I would welcome the opportunity to earn your business.
For Massachusetts and Ashland MA Real Estate and homes see Ashland 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, and Framingham MA.
Click here to view Bill Gassett's Real Estate profile.
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Building lasting relationships by helping people move in and out of Metrowest Massachusetts for the last 22 years.
Bill, so much good info here, really, although Sellers probably don't enjoy reading these facts & figures right now as much as Buyers. We are just noticing in our area, for the first time in recorded re history, that some Sellers are not being able to recoup their costs if they purchased less than 2 yrs ago.
Mara - Thanks, the market reports are a lot of work but I enjoy creating them as it actually helps me study the market. Here in Metrowest Massachusetts if you purchased your home in the last 4 years and need to sell your are most likely going to take a loss. The peak in the Real Estate market here was in the Spring of 2005.