Mendon Real Estate Market Report December 2009

By
Real Estate Agent with RE/MAX Executive Realty 91362

                       Mendon Massachusetts Real Estate Market Report for December 2009

Mendon Mass Real Estate report

 

 

 

 

 

 

 

 

 

In December of 2009 there were 2 homes that closed within the month for Mendon Massachusetts. This is a decrease of 1 units as there were 3 homes that closed in December of 2008.

The Average list price for the homes that closed in Mendon for December of 2008 was $239,900

The Average list price for the homes that closed in Mendon for December of 2009 was $392,000

The Average sale price for the homes that closed in Mendon for December of 2008 was $208,667

The Average sale price for the homes that closed in Mendon for December of 2009 was $379,500

The Average Market time for the homes that closed in Mendon in December of 2008 was 115 days.

The Average Market time for the homes that closed in Mendon December of 2009 was 113 days.

 

2 homes went under agreement in Mendon Massachusetts in the month of December. The average list price of the homes that went under agreement was $357,400. The average time on the market was 295 days.

 

                 January - December 2008 & 2009 Market Statistics for Mendon Massachusetts

 

In Mendon MA for the period of January to December of 2008 there were 37 properties sold.

In Mendon MA for the period of January to December 2009 there were 33 properties sold.

In Mendon MA for the period of January to December in 2008 the average list price was $416,676 the average sale price was $403,086 and the average market time was 211 days.

In Mendon MA for the period of January to December in 2009 the average list price was $363,512 the average sale price was $349,355 and the average time on the market was 140 days.

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

In comparing year over year longer term data for Mendon Massachusetts there was a similiar amount of homes sold as compared to 2008. These numbers were weak as compared to previous years. The average sales price of homes also continued downward. There was however, a pretty substantial drop in the average days on the market for a home on the market in Mendon. This is a positive sign going forward. Mendon remains a good town for those seeking a moderately inexpensive home just outside of the more expensive Metrowest area.

 

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

 

Click here for previous months Real Estate Market reports for Mendon MA

 

Markets report for Hopkinton

Market reports for Holliston

Market reports for Milford

Market reports for Southboro

Market reports for Upton

Market reports for Ashland

Market reports for Hopedale

                                                                                                                                                       Real Estate interview questions

 

When selling a home in Mendon Massachusetts, 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 internet presence at Mendon Massachusetts Real Estate marketing. **

 

_________________________________________________________________________________________________________

About the author: The above Mendon Massachusetts Real Estate Market report was provided by BillRE/MAX Executive Realty Mendon Mass Real Estate 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 Mendon 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 Mendon MA Real Estate and homes see Mendon 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, Douglas, and Framingham MA.

Click here to view Bill Gassett's Real Estate profile.

 

 

Subscribe in a reader

 

SUBSCRIBE TO MY METROWEST HOMES BLOG via email.

Building lasting relationships by helping people move in and out of Metrowest Massachusetts for the last 24 years.

Posted by

Connect with me on

close

This entry hasn't been re-blogged:

Re-Blogged By Re-Blogged At
Spam prevention

Accessibility option: listen to a question and answer it!

To submit the form,
drag the envelope to the circle on the side.

Type below the answer to what you hear. Numbers or words, lowercase:

Topic:
Real Estate General Information
Location:
Massachusetts Worcester County
Groups:
Americas Relocation Home Services - Our Mission is to Connect Home Buyers & Sellers With Local Real Estate Professionals
City & State: Listings and Market Reports
Local Expert
Market Reports
Posts to Localism
Tags:
mendon ma market reports
mendon ma real estate
mendon ma realtors

Comments 11 New Comment

Rainmaker
904,820
Bill Gassett
Metrowest Massachusetts Real Estate
RE/MAX Executive Realty

Thanks everyone for all your comments on my Mendon Real Estate report. Going forward into 2010 the local Real Estate markets have been showing improvement.

January 14, 2010 06:33 AM
Ambassador
1,036,071
Jim Crawford
Jim Crawford Atlanta Realtor - Atlanta Real Estate
RE/MAX Paramount Properties

Great post Bill.  I noticed that quite a few market had a small dip in December sales compared to last year.  It is interesting to see prices up, and I assume that is less inventory.

January 14, 2010 10:07 AM
Ambassador
391,396
Terrie Leighton
Reno Real Estate Agent
Ferrari-Lund ~ Reno's Premier Real Estate Company

Bill ~ Let's hope we see the "days on the market" drop to under 100 days in 2010! =)

January 14, 2010 03:11 PM
Rainmaker
864,010
Jane Peters
Connecting you to the L.A. real estate scene
Power Brokers Int'l

Hey, that's a huge price increase, bill, almost $170K.  What caused that?

January 14, 2010 10:13 PM
Rainmaker
904,820
Bill Gassett
Metrowest Massachusetts Real Estate
RE/MAX Executive Realty

Jane there were only 3 homes that closed within the month of December so it is easy for the average sale price to fluctuate. You need to look at the year over year figures below to get a more accurate picture of the market.

January 14, 2010 10:25 PM
Rainmaker
904,820

Bill Gassett

Metrowest Massachusetts Real Estate
Ask Me A Real Estate Question
*
*
*
Spam prevention

Accessibility option: listen to a question and answer it!

To submit the form,
drag the clock to the circle on the side.

Type below the answer to what you hear. Numbers or words, lowercase:

Additional Information

Metrowest MA Real Estate - Realtor specializing in home sales in Hopkinton, Milford, Holliston, Ashland, Southboro, Westboro, Upton, Mendon, Hopedale, Grafton, Medway, Northbridge, Franklin, Framingham, Shrewsbury, Northboro, Bellingham, Sutton, and Uxbridge MA. Includes Real Estate home sellling & buying tips, Homes for sale in and around Metrowest. Connect with me on

Enter your email address:

Delivered by FeedBurner

Photobucket Connect with me on Google+

View Bill Gassett's profile on LinkedIn

Photobucket