Ashland MA Real Estate Market Report March 2013

Ashland Massachusetts Real Estate Market March 2013

Ashland MA Real Estate Market Report

 

 

 

 

 

 

Ashland MA Real Estate Activity For March 2013 vs March 2012

In March of 2013 there were 11 homes that closed within the month for Ashland MA Real Estate. This was an increase of 6 units, as there were 5 homes that closed in March of 2012.

The Average list price for the homes that closed for March of 2012 was $366,920

The Average list price for the homes that closed for March of 2013 was $366,127

The Average sale price for the homes that closed for March of 2012 was $354,500

The Average sale price for the homes that closed for March of 2013 was $362,959

The Average Market time for the homes that closed for March of 2012 was 99 days.

The Average Market time for the homes that closed for March of 2013 was 88 days.

Homes Under Contract For March 2013

12 homes went under agreement in the month of March. The average list price of the homes that went under agreement was $365,311. The average time on the market for these homes were 107 days. March was a decent month for homes going under contract, especially given the fact inventory is low and we have not yet hit what is typically the busier 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 For Sale March Inventory Levels

The are currently 46 homes on the market. The average list price of these homes for sale is $365,311. The average days on the market is 167. 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 and have remained that way as we head through the first few months of 2013.  Low home inventory levels are always a good sign for those considering to sell their property as they typically will bring up housing prices. In fact over the last month the market has been characterized by homes going under contract in weeks with in some cases multiple offers. The real estate market right now is a far cry from what it has been over the last few years.

Ashland had a very good month for closed sales in March, with the number of home sales being double what they were in March 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 28 sales. At the same time last year there were 18 home sales.

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

Learn more about Ashland Massachusetts by visiting the Ashland community guide.

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

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