2012 Metrowest Real Estate Statistics in Plainville, MA

Posted on February 5, 2013 by admin

It’s always interesting to take note of real estate statistics from year to year. Let’s take a look at the Metrowest town of Plainville, MA.

Plainville, MA is a small rural town with a population of roughly 8000 people. It is an easy commute to Boston or Providence via Route 495 or Route 1 and 1A. There have been recent renovations to the elementary school and a new Grade 4-6 school (The Beatrice Wood School). A total renovation of the High School is also in progress! Now, let’s look at the stats-

In comparing numbers from 2011-2012, we look at 3 main bits of information – number of homes sold from year to year (this includes single family, multi-family and condos), average days on market (the amount of time it takes to sell a home from listing the home to the time an offer is accepted) and average sales price.

In the town of Plainville, MA – 2 out of the 3 statistics were on the upswing, but one of the numbers dropped a bit. In 2011, the average sales price did drop from $298K to $278K in 2012. This looks like it was due to more homes available in the lower price range. The good news is that the number of homes sold in 2011 was 66 compared with 92 in 2012! The average days on market went down (that’s a good thing!) from 123 days in 2011 to 110 days in 2012!

Feel free to check out the full report below on Plainville, MA and stay tuned for more information coming up!

2012 Metrowest Real Estate Statistics in Plainville:

Report Run: 2/10/2013 10:21:28 AM
Property Type(s): SF, CC, MF
Status: SLD
Start Date: 1/1/2012
End Date: 12/31/2012
Towns: Plainville

Price Range

# of
Listings

Avg. Days
on Market

Average
Sale Price

Average
List Price

SP:LP
Ratio

Average
Orig Price

SP:OP
Ratio

$0 – $49,999

$48,000

$49,900

$63,000

$50,000 – $99,999

233

$68,333

$79,800

$125,000

$100,000 – $149,999

161

$126,786

$128,314

$148,514

$150,000 – $199,999

$177,911

$187,450

$196,571

$200,000 – $249,999

123

$220,978

$230,606

$237,428

$250,000 – $299,999

111

$268,830

$273,280

$276,630

$300,000 – $349,999

$328,550

$338,320

$344,840

$350,000 – $399,999

$374,167

$386,933

$394,722

$400,000 – $449,999

116

$422,975

$441,613

$443,488

$450,000 – $499,999

$469,167

$479,933

$493,267

$500,000 – $599,999

115

$514,000

$523,700

$536,200

$600,000 – $699,999

$700,000 – $799,999

$800,000 – $899,999

$900,000 – $999,999

$1,000,000 – $1,499,999

$1,500,000 – $1,999,999

$2,000,000 – $2,499,999

$2,500,000 – $2,999,999

$3,000,000 – $3,999,999

$4,000,000 – $4,999,999

$5,000,000 – $9,999,999

$10,000,000 – $99,999,999

Total Properties

Avg. 110

$278,220

$287,219

$295,940

Lowest Price: $48,000	Median Price: $266,000
Highest Price: $525,000	Average Price: $278,220
Total Market Volume: $25,596,198

2012 Metrowest Real Estate Statistics in Milford

Posted on February 5, 2013 by admin

Let’s see how the Metrowest town of Milford, MA fared last year as compared with the year before with regard to home sales. The numbers in Milford look very good! The first set of statistics we look at are the number of homes sold (this includes single family, multi-family and condos). In 2011, Milford sold 255 homes. In 2012, that number jumped to 325 homes sold! The average sale price went down just a bit from $240K in 2011 to $236.5K in 2012. But, the “Days on Market” went down from 133 in 2011 to 117 in 2012! “Days on Market” is the amount of time it takes to sell a home from listing the home to the time an offer is accepted. Overall, great numbers for the town of Milford, MA!

See below for report details and check back for more stats on other Metrowest towns!

2012 Metrowest Real Estate Statistics in Milford

Report Run: 2/10/2013 10:16:54 AM
Property Type(s): SF, CC, MF
Status: SLD
Start Date: 1/1/2012
End Date: 12/31/2012
Towns: Milford

Price Range

# of
Listings

Avg. Days
on Market

Average
Sale Price

Average
List Price

SP:LP
Ratio

Average
Orig Price

SP:OP
Ratio

$0 – $49,999

$50,000 – $99,999

120

$75,180

$84,842

$94,807

292

$100,000 – $149,999

103

$124,137

$131,710

$148,122

$150,000 – $199,999

125

$170,482

$180,530

$191,556

$200,000 – $249,999

$223,204

$232,504

$241,282

$250,000 – $299,999

156

$271,622

$278,537

$288,542

$300,000 – $349,999

121

$320,879

$327,705

$336,653

$350,000 – $399,999

117

$372,575

$375,264

$385,786

$400,000 – $449,999

$427,479

$415,347

103

$417,716

103

$450,000 – $499,999

$485,000

$494,900

$500,000 – $599,999

199

$503,461

$462,450

111

$472,400

110

$600,000 – $699,999

$700,000 – $799,999

$800,000 – $899,999

$900,000 – $999,999

$1,000,000 – $1,499,999

$1,500,000 – $1,999,999

$2,000,000 – $2,499,999

$2,500,000 – $2,999,999

$3,000,000 – $3,999,999

$4,000,000 – $4,999,999

$5,000,000 – $9,999,999

$10,000,000 – $99,999,999

Total Properties

325

Avg. 117

$236,536

$242,970

$253,070

112

Lowest Price: $50,000	Median Price: $233,000
Highest Price: $506,921	Average Price: $236,536
Total Market Volume: $76,874,358

Another Home Sold in Medway – A Condo Duplex – SUCCESS!

Posted on January 12, 2012 by admin

Just Sold Medway Home

There are many who say a duplex condo can be difficult to sell these days. There is some truth to that. The reason is the demographics of buyers for this home include first time home buyers. And first time home buyers generally cannot afford the downpayment of a conventional loan. Many know FHA Loans are very popular in MetroWest Boston for first time buyers because this loan product onlly requires 3.5% down BUT – they also require tha the condo association (and yes this is a duplex with a condo association OF TWO – the owners of each side) – MUST be APPROVED by FHA and that requires a LOT of work and time.

So how do you approve a first time buyer for a duplex in the MetroWest Real Estate area? I highly recommend a Mass Housing Loan and a good agent to make it happen! That’s what these buyers did and we closed within 35 days!

Welcome my new buyers to their new Medway Home! If you own a duplex in the Metrowest Real Estate Market, and you’re thinking of selling, give me a call and I can make it happen for you! If you want to buy a duplex but have had problems, give me a call as well.

Year End Sold Statistics for Holliston Real Estate

Posted on January 8, 2012 by admin

Church in downtown Holliston

Holliston, MA. By all accounts a great place to live. Just close enough to Boston to make it an easy commute. And just far enough to give it a rural feel. An award winning school system, great local stores to spend hours window shopping, a great golf course and a wonderful downtown. Holliston Down Town

In reviewing the Holliston Real Estate Statistics for homes sold in 2011, we see the real estate market is a very stable one. We see there are homes at every price point selling from $200k thru $1.2 million. We also see a very stable real estate market as we compare the sold statistics of 2011 with 2010. To see the detail, click here. Debs Flowers Holliston

How did MetroWest Boston do in Real Estate Sales in 2011?

Posted on January 8, 2012 by admin

Metroest Boston Home Sold Statistics can be hard to follow but taking a sampling of towns and laying out the critical data can really help to clarify things. Take a look at the towns below and how they did in 2011 as it compares to 2010. Data was pulled from the Greater Boston MLS system 1/8/2011


			Metrowest Boston Area Sampling
			2011 Single Family Sold Analysis
			(as compared to 2010 sales)

	SF # of Homes Sold	Average Square Feet	Average List Price	Average Sale Price	Average Market Time	Sold per Sq foot price

Ashland
2010	109	2,248	393,090	383,811	96	182
2011	96	2,163	392,439	381,708	90	182

Bellingham
2010	129	1,909	290,194	282,268	96	$155
2011	129	1,857	271,531	263,135	133	$146

Franklin
2010	206	2,210	411,088	399,925	101	$186
2011	225	2,274	399,079	387,670	109	$175

Holliston
2010	110	2,252	433,244	423,339	89	$194
2011	124	2,453	452,025	435,680	134	$181

Hopkinton
2010	141	2,906	558,825	541,061	107	$190
2011	147	3,009	559,057	544,990	102	$185

Mansfield
2010	128	2,121	390,314	378,608	102	$182
2011	134	2,052	381,967	369,502	103	$185

Medway
2010	110	2,249	380,542	368,974	141	$170
2011	109	2,261	370,447	363,393	141	$164

Milford
2010	149	1,865	281,934	272,450	87	$148
2011	165	1,806	262,835	254,209	130	$143

Millis
2010	60	2,003	349,325	333,161	146	$178
2011	65	2,032	335,572	323,338	142	$170

Plainville
2010	62	2,042	372,399	369,123	131	$184
2011	49	1,961	332,952	321,059	118	$173

Wrentham
2010	82	2,312	397,974	383,709	135	$177
2011	83	2,539	432,740	419,729	129	$169

The Stars Align for you in 2012 – Mortgage Rates At an All Time Low

Posted on January 2, 2012 by admin

We’ve all been busy with the biggest holiday season of the year so you may have missed this. Take a look at CNN’s article mid mortgage rate stars have aligned for you! December tracking the mortgage rates since 2002 - It’s a pretty graph for any buyers who expect to buy in 2012! Record lowrates and very attractive purchase prices make home buying SO affordable in 2012, it’s silly not to consider the move now IF it fits into what your goals are for future home ownership in Metrowest Boston. Clearly the Metrowest spring home sale market will be robust because of these rates.
In fact, I just got an update on rates this weekend And they’re even better than this December article – If you’re thinking of buying in 2012 – Let’s get started to make your dream come true!

fha 30 yr fixed 3.75%
conventional 30 yr 4.0%
jumbo 30 yr fixed 4.375%

Of course – rates subject to change – which is why you should move now! Check out what is available in the Metrowest area on my real estate search button on this site.

A Busy Real Estate Market in Massachusetts

Posted on December 27, 2011 by admin

As we start 2012 here in Massachusetts, we realtors are getting ready for a banner year. In fact there is reason to believe we may see it in 2012. You may have been too busy with the holiday activities to note that on 12/21 the Mass Association of Realtors reported that in November both single family home sales as well as condo sales were up when compared to the same time last year. Read the report here. If you’ve read my recent town by town blogs reporting on November sales when compared to November 2010, we see the same results in Metrowest. That’s very good news when MAR adds that this is the fifth straight month of year over year increases.

Sellers should note that on average sale prices are still adjusting down – but buyers are out there now and we expect to see more buyers in 2012. This may be the last chance to buy a home in such a great buyers market – Don’t wait until late spring, g out there now and secure your new home and make your dreams come true.

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Tag Archives: Metrowest home sales