Ashland MA Real Estate Market Report February 2013

Ashland Massachusetts Real Estate Market February 2013

Ashland MA Real Estate Market Report

 

 

 

 

 

 

Ashland MA Real Estate Activity For February 2013 vs February 2012

In February of 2013 there were 8 homes that closed within the month for Ashland MA Real Estate. This was an increase of 5 units, as there were 3 homes that closed in February of 2012.

The Average list price for the homes that closed for February of 2012 was $309,933

The Average list price for the homes that closed for February of 2013 was $328,201

The Average sale price for the homes that closed for February of 2012 was $288,353

The Average sale price for the homes that closed for February of 2013 was $312,250

The Average Market time for the homes that closed for February of 2012 was 227 days.

The Average Market time for the homes that closed for February of 2013 was 134 days.

Homes Under Contract For February 2013

7 homes went under agreement in the month of February. The average list price of the homes that went under agreement was $288,671. The average time on the market for these homes were 128 days. February was a decent month for homes going under contract, especially given the fact inventory is low and we are in a slower selling season.

January 2010 – 2012 Final Year Real Estate Market Statistics For Ashland Massachusetts

In Ashland MA for the period of January to December of 2012 there were 129 properties sold.

In Ashland MA for the period of January to December of 2011 there were 96 properties sold.

In Ashland MA for the period of January to December 2010 there were 109 properties sold.

In Ashland MA for the period of January to December in 2012 the average list price was $364,037 the average sale price was $354,900, the average market time was 104 days.

In Ashland MA for the period of January to December in 2011 the average list price was $393,090 the average sale price was $383,811 and the average market time was 96 days.

In Ashland MA for the period of January to December in 2010 the average list price was $393,090, the average sale price was $383,811 and the average time on the market was 96 days.

Current Home Inventory Levels

The are currently 48 homes on the market. The average list price of these homes is $394,652. The average days on the market is 166. The amount of homes for sale is incredibly low at the moment. Over the last few months, inventory has been at the lowest levels they have been in a very long time.

Ashland MA Real Estate Market Analysis

In 2012 the Ashland Real Estate market had a brisk increase in the number of sales compared to 2011. Homes priced properly generally went under contract in a 60-90 day window. The average time ended up being around 3.5 months. The average sales price dropped from the previous year although this can be a misleading statistic when fewer upper end homes get sold because it drives down the average. The lower end of the market (under 300k) remained strong with real estate values for the most part holding steady. The upper end saw a slight erosion in value but nothing significant.

Home inventory levels have been low throughout the latter half of the past year but are now at the lowest level they have been at in a very long time. Low home inventory levels are always a good sign for those considering to sell their property as they typically will bring up housing prices.

Ashland had a very good month for closed sales in February, with the number of home sales being 2.5 times what they were in January of 2012.

There were 129 closings for 2012. In 2011 there were 97 home sales. As you can see from the data there were significantly more sales than a year ago. All indications are we may be near a market bottom.

Year to date there have been 17 sales. At the same time last year there were 11 home sales.

The above Ashland Real Estate statistics are for single family homes ONLY and do not include condominiums or multi family homes.

Click the link to see all Ashland MA Homes For Sale.

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