Monday, April 12, 2010

The Spring Market is in Full Force

The real estate market in Natick is very healthy.  The market is moving from a Buyer's Market to a more Even Market.  Prices have seemed to stablize, inventory is lower than a couple of years ago and more reminicent of the mid 2000's.  Below is a summary of where the Natick markt stands today;

There are 112 Active Single Family homes on the market with an average asking price of $577K and an average Days On Market of 103.

There are 51 Single Family Homes in the Under Agreement or Pending category with an average Asking Price of $480K and and average Days on Market of 65.

Over the past 6 months 95 Single Family homes have sold with an average Sales Price of $475K and an average Days on Market of 97.

Yesterday there were 80 Open Houses in Natick so that may have an effect on the numbers.  No new properties were added today.

There is still time to take advantage of the Tax Credits but you need to act fast.  The deadline to have an accepted deal is April 30th with a Closing Date of June 30th.

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