There were 29 single family homes that closed within the month of September in Natick, Massachusetts (29 closed sales in August as well). This is a up from September of 2008, when there were only 17 single family homes sold. Closed sales generally represent properties that went under contract 30-60 days previously, so this is an indicator of activity predominantly occuring during the months of July and August.

The median selling price for homes sold in Natick for September of 2009 was $428,000. This is an increase of roughly 2% from September of 2008, when the median selling price was $420,000.

The Average Days on Market for the homes that closed in Natick during September of 2009 was 76 days -  the Average Days on Market for the homes that closed in Natick during September of 2008 was 97 days.
 
25 homes went under contract in Natick MA during the month of September, 2009. There were 25 single family homes that went under contract in Natick MA during September of 2008. The median asking price for houses under contract during September 2009 was $419,000, compared with $429,900 in September of last year.

Through September of this year there have been 200 single family homes that have sold (closed) in Natick with a median sales price of $415,000. At this same time last year there were also 187 homes that had closed, at a median price of $420,000. This indicates that prices in Natick are still declining slightly, although number of sales are up. The $8,000 first-time homebuyer tax credit seems to be helping.

It's interesting to note that for the first nine months of 2005, the year that is generally accepted to be the peak of the most recent real estate cycle here in Massachusetts, there were 281 sales with a median closed sale price of $459,000. Prices for this year represent a decrease of just under 10%, which, although substantial for someone who purchased a home at that time, is nothing like the declines reported in other parts of the country. Prices have been steadily declined since that peak, but the uptick in number of sales since last year might be an indication we are at or close to the bottom.

There are currently 90 single family homes listed for sale in the MLS in Natick. Exactly one year ago there were 116.

If you are ever interested in finding out what a home sold for in your neighborhood, or are thinking of placing your home on the market, always feel free to give me a call. As a Natick Realtor with over 16 years of experience, I am uniquely qualified to assist you in marketing your home and obtaining the highest possible selling price.

All of the above information comes from the MLS Property Information Network. This represents only homes that were listed and sold by participants in the MLS.

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