Northbridge Massachusetts Real Estate Report April 2015
Do you want to see what has gone on in the Northbridge Real Estate market for the month of April along with year over year comparisons? Take a look at our reporting of the Northbridge MA market. While you are here looking at the market data take a peek at the guide to Northbridge Mass, where you will find out why Northbridge is a popular choice for home buyers including information on town history, schools, demographics and more.
Northbridge Real Estate Activity For April 2015 vs April 2014
In April of 2015 there were 8 homes that closed within the month for Northbridge MA Real Estate. This is an decrease of 4 units, as there were 12 homes that closed in April of 2014.
The average list price for the homes that closed in April of 2014 was $306,550
The average list price for the homes that closed in April of 2015 was $347,838
The average sale price for the homes that closed in April of 2014 was $293,554
The average sale price for the homes that closed in April of 2015 was $343,297
The average market time for the homes that closed in April of 2014 was 101 days.
The average market time for the homes that closed in April of 2015 was 74 days.
Homes Under Contract For April 2015
11 homes went under agreement in the month of April. The average list price of the homes that went under agreement was $329,382. The average time on the market for these homes were 127 days. April was a good month for homes going under agreement.
January 2012 – 2014 Final Year Real Estate Market Statistics For Northbridge Massachusetts
For the period of January to December of 2014 there were 129 properties sold.
For the period of January to December of 2013 there were 144 properties sold.
For the period of January to December of 2012 there were 120 properties sold.
For the period of January to December in 2014 the average list price was $320,197 the average sale price was $314,844 the average market time was 126 days.
For the period of January to December in 2013 the average list price was $320,958 the average sale price was $316,448 the average market time was 127 days.
For the period of January to December in 2012 the average list price was $299,841 the average sale price was $286,407 and the average market time was 127 days.
Current April 2015 Home For Sale Inventory Levels
The are currently 57 homes on the market in Northbridge MA. This is three more homes for sale as last month when there was also 54 homes available. The average list price of these homes is $371,768. The average days on the market is 158.
Northbridge MA Real Estate Market Analysis
Analysis of the Current Real Estate Market.
The market activity in April for sold properties was down from last year with 8 vs 12. Sales in fact year to date are lagging significantly from last year. Northbridge has less than half the sales so far this year with 17 vs 34 last year at the same time. The market has gotten off to a rocky start so far with the amount of sales lagging last year by a significant margin. The amount of pending transactions this month was good with 11.
Inventory has been holding steady over the last few months and continued the pattern this month with only 3 new homes available. Moving forward the amount of sales should pick up as we have entered the prime time selling season.
2014 sales vs 2013 sales
There were 129 sales in Northbridge in 2014. This was down from 2013 when there were 144 sales.
The above Northbridge Real Estate statistics are for single family homes ONLY and do not include condominiums or multi family homes.
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