Ashland MA Real Estate Market Report October 2012

Ashland Massachusetts Real Estate Market October 2012

Ashland MA Real Estate Market Report

 

 

 

 

 

Ashland MA Real Estate Activity For October 2012 vs October 2011

In October of 2012 there were 5 homes that closed within the month for Ashland MA. This was an decrease of 6 units, as there were 11 homes that closed in October of 2011.

The Average list price for the homes that closed in Ashland for October of 2011 was $413,304

The Average list price for the homes that closed in Ashland for October of 2012 was $399,900

The Average sale price for the homes that closed in Ashland for October of 2011 was $403,991

The Average sale price for the homes that closed in Ashland for October of 2012 was $392,960

The Average Market time for the homes that closed in Ashland for October of 2011 was 103 days.

The Average Market time for the homes that closed in Ashland for October of 2012 was 130 days.

Ashland MA Homes Under Contract For October 2012

9 homes went under agreement in Ashland Massachusetts in the month of October. The average list price of the homes that went under agreement was $347,552. The average time on the market for these homes were 137 days. October was a decent month for homes going under contract.

January 2009 – 2011 Final Year Real Estate Market Statistics For Ashland Massachusetts

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 of 2010 there were 109 properties sold.

In Ashland MA for the period of January to December 2009 there were 131 properties sold.

In Ashland MA for the period of January to December in 2011 the average list price was $392,439 the average sale price was $381,708, the average market time was 90 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 market time was 96 days.

In Ashland MA for the period of January to December in 2009 the average list price was $356,911, the average sale price was $345,489 and the average time on the market was 95 days.

Current Ashland MA Inventory Levels

The are currently 38 homes on the market in Ashland. The average list price of these homes is $347,548. The average days on the market is 177. The amount of homes for sale is incredibly low at the moment. Inventory is at the lowest levels they have been all year.

Ashland MA Real Estate Market Analysis

In 2011 the Ashland Real Estate market remained remarkable similar statistically to the previous two years. Homes priced properly generally moved in a reasonable amount of time. The amount of sales was lower than in the previous two years but statistically everything else was very close. The lower end of the market (under 300k) remained strong with values holding more steady.

Home inventory levels have been low throughout the year but are now at the lowest level they have been at for the whole year as we head into the Winter selling season. In fact, current home inventory levels are at lowest level they have been all year by a wide margin. 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 below average month of sales for October with the number of home sales being quite a bit less than the the amount of sales in October of 2011. The Ashland Real Estate market was strong throughout the Summer and Fall months. There is nothing to indicate much will change in the months ahead other than the fact we are heading into a traditionally slower time of the year for home sales.

Year to date sales through October are 108 for 2012. In 2011 at this same point in time there were only 72 home sales. As you can see from the data the Real Estate market has been much more vibrant than last. All indications are we may be near a market bottom.

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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