Milford MA Real Estate Market Report September 2012

Milford Massachusetts Real Estate Market September 2012

Milford MA Real Estate

 

 

 

 

 

Milford MA Real Estate Activity For September 2012 vs September 2011

In September of 2012 there were 14 homes that closed within the month for Milford. This is the same amount of 6 units, as there were 14 homes that closed in September of 2011.

The Average list price for the homes that closed in Milford for September of 2011 was $334,918

The Average list price for the homes that closed in Milford for September of 2012 was $226,643

The Average sale price for the homes that closed in Milford for September of 2011 was $322,107

The Average sale price for the homes that closed in Milford for September of 2012 was $218,286

The Average Market time for the homes that closed in Milford for September of 2011 was 131 days.

The Average Market time for the homes that closed in Milford for September of 2012 was 103 days.

Milford MA Homes Under Contract For September 2012

11 homes went under agreement in Milford Massachusetts in the month of September. The average list price of the homes that went under agreement was $265,955. The average time on the market for these homes were 120 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 82 homes on the market in Milford MA. The average list price of these homes is $289,926. The average days on the market is 123. Inventory levels have continued to be at the lowest they have been in the last few months.

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 low throughout most of the year. As we head to the fall the Real Estate inventory is at the lowest level it has been in a very long time. 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 decent September with the number of home sales being the exact same as they were in September of 2011. There were just an average amount of homes that went under contract. Overall the market to date has been better this year than last. As of this same time last year there were 123 homes sold in Milford. Through September there have been 155 sold this year! This is of course a very big improvement over the same time period last year. It looks as if the market should finish strong.

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

Click the link to see all Milford MA homes for sale.

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