Milford MA Real Estate Market Report June 2012

Milford Massachusetts Real Estate Market Overview June 2012

Milford MA Real Estate

 

 

 

 

 

Milford MA Real Estate Activity For June 2012 vs June 2011

In June of 2012 there were 22 homes that closed within the month for Milford Mass. This is an increase of 6 units, as there were 16 homes that closed in June of 2011.

The Average list price for the homes that closed in Milford for June of 2011 was $289,688

The Average list price for the homes that closed in Milford for June of 2012 was $324,436

The Average sale price for the homes that closed in Milford for June of 2011 was $283,216

The Average sale price for the homes that closed in Milford for June of 2012 was $312,192

The Average Market time for the homes that closed in Milford for June of 2011 was 119 days.

The Average Market time for the homes that closed in Milford for June of 2012 was 96 days.

Milford MA Homes Under Contract For June 2012

16 homes went under agreement in Milford Massachusetts in the month of June. The average list price of the homes that went under agreement was $251,409. The average time on the market for these Milford homes were 111 days.

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

In Milford MA for the period of January to December of 2011 there were 165 properties sold.

In Milford MA for the period of January to December of 2010 there were 149 properties sold.

In Milford MA for the period of January to December 2009 there were 172 properties sold.

In Milford MA for the period of January to December in 2011 the average list price was $262,835 the average sale price was 254,209 the average market time was 130 days.

In Milford MA for the period of January to December in 2010 the average list price was $281,934 the average sale price was $272,450 and the average market time was 87 days.

In Milford MA for the period of January to December in 2009 the average list price was $291,066 the average sale price was $280,552 and the average time on the market was 126 days.

Current Milford MA Inventory Levels

The are currently 95 homes on the market in Milford MA. The average list price of the Milford homes is $280,079. The average days on the market is 108.

Milford MA Real Estate Market Analysis

In 2011 the Milford Real Estate market had an increase in the amount of homes sold as compared to 2010. Homes priced properly generally moved in a reasonable amount of time. There was still a downward trend in Real Estate values through out the year. The average days on market increased due to some of the upper end sales remaining on the market for a longer period of time. The lower end of the market (under 300k) remained strong with values holding firmer than in the upper ends of the Milford market.

Current home inventory levels have remained fairly low for Milford as it is not unusual at all to have over 100 homes on the market at any given time. This is always a good sign for those considering to sell their home as supply and demand is always a factor with Real Estate values.

Milford had a very good June with the number of home sales being quite a bit higher as compared to May of 2011. Homes going under contract were also very strong as well.

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

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