Southboro Real Estate Market Report August 2011

By
Real Estate Agent with RE/MAX Executive Realty 91362

                              Southboro Massachusetts Real Estate Market Report for August 2011

Southboro Real Estate Market Report

 

 

 

 

 

 

 

 

 

 

 

In August of 2011 there were 14 homes that closed within the month for Southboro Massachusetts. This is an increase of 8 units, as there were 6 homes that closed in August of 2010.

The Average list price for the homes that closed in August of 2010 was $618,100

The Average list price for the homes that closed in August of 2011 was $553,723

The Average sale price for the homes that closed in August of 2010 was $574,083

The Average sale price for the homes that closed in August of 2011 was $533,271

The Average Market time for the homes that closed in August of 2010 was 51 days.

The Average Market time for the homes that closed in August of 2011 was 106 days.

 

7 homes went under agreement in Southboro MA in the month of August. The average list price of the homes that went under agreement was 440,671. The average time on the market for these Southboro homes were 125 days.

In 2010 there were 81 Real Estate transactions in Southboro. In 2009 there were 82 transactions in Southboro.

 

               January - December 2009 & 2010 Market Statistics for Southboro Massachusetts

 

In Southboro MA for the period of January to December 20010 there were 81 properties sold.

In Southboro MA for the period of January to December 2009 there were 66 properties sold.

In Southboro MA for the period of January to December in 2010 the average list price was $712,199 the average sale price was $660,382 and the average market time was 136 days.

In Southboro MA for the period of January to December in 2009 the average list price was $493,542 the average sale price was $472,630 and the average time on the market was 165 days.

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

 

The average sale price in Southboro increased by a pretty big clip year over year but a large part of the reason for this was due to the fact that there were quite a few upper end sales including one for $3.5 million. The middle and lower end of the market in Southboro faired quite well with a stabilization in value as well.

Going forward it looks like the market could be approaching the bottom.

The average days on market went down in Southboro for 2010 as compared ot 2009.

 

Click here for previous Southboro Real Estate Market Reports.

Market reports for Hopkinton

Market Reports for Westboro

Market reports for Holliston

Market reports for Milford

Market reports for Ashland

Real Estate interview questions

Selling a home in Southboro 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 Southboro 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 Southboro Massachusetts, it pays to have a pro in your corner representing you.

** Almost 90% of all buyers are finding their homes on the Internet. See where I advertise on-line to give my clients on dominant internet presence at Southboro MA Real Estate Marketing. **

We are no longer in a seller's market. When selling a home in Southboro 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!

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About the author: The above Southboro Massachusetts Real Estate report was provided by Bill Gassett, aRE/MAX Executive Realty Southboro Mass 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 Southboro MA and other Metrowest towns for the last 24+ Years.

For Massachusetts and Southboro MA Real Estate and homes see Southboro 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.

Thinking of selling your home? I Have a passion for Real Estate and would love to have you as one of my clients!

I service the following towns in Metrowest MA: Hopkinton, Milford, Upton, Southboro, Westboro, Ashland, Holliston, Mendon, Hopedale, Medway, Grafton, Franklin, Northboro, Northbridge, Northboro, Bellingham, Shrewsbury, Uxbridge, Douglas, and Framingham MA.

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

 

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Topic:
Real Estate General Information
Location:
Massachusetts Worcester County Southboro
Groups:
City & State: Listings and Market Reports
Local Expert
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Posts to Localism
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Tags:
southboro ma market reports
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Comments 5 New Comment

Rainmaker
1,294,218
Andrew Mooers
Northern Maine Real Estate-Aroostook County Broker
MOOERS REALTY

If the Southboro real estate market is ever the daily double question on Jeopardy and I am standing on the set, I am going to do some kind of wonderful thanks to your updates, keeping all of us in the know.  Thanks Bill.

September 10, 2011 08:44 AM
Rainmaker
1,258,128
Anita Clark
Realtor - Homes for Sale in Warner Robins GA
ColdwellBanker SSK Realtors ~ 478.960.8055

Bill: Lots of good real estate information for Southboro MA residents, both current and future in this market report.

September 10, 2011 11:48 AM
Rainer
239,935
Michele Miller ~ REALTOR®, LMC, HSE, CHS
"Your Full Service Professionals"
Keller Williams Greater Worcester

Wow, Bill, I was surprised to see this report so differnent from Westboro.

Thank you for the detailed report.

Have a great weekend!

September 10, 2011 01:59 PM
Rainmaker
52,249
Keith Pentz
Keith Pentz
RE/MAX ADVANTAGE 1

As always you are THE source for data in MA Bill.  Thanks so much for supplying these reports!

September 10, 2011 06:20 PM
Rainmaker
904,500
Bill Gassett
Metrowest Massachusetts Real Estate
RE/MAX Executive Realty

Thenks everyone for all your comments on my Southboro Real Estate report for August.

September 12, 2011 07:51 AM
Rainmaker
904,500

Bill Gassett

Metrowest Massachusetts Real Estate
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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

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