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You are here: Home arrow Blog arrow Natick Real Estate Market Report Jan. 2010
Natick Real Estate Market Report Jan. 2010
The total number of single family home sales for January of this year was 16, up from 11 last year. The median selling price was $514,000, a huge increase from $330,000 in January 2009. In addition, pending sales are also up-15 for the month of January 2010 versus 11 in 2009. Market activity has been brisk in Natick, with some homes selling in a matter of a few days. The $8,000first time homebuyer credit and the $6,500 credit for existing homeowners who make a purchase is undoubtedly playing a big role. These credits both expire April 30th. Also, interest rates on 30 year fixed rate mortgages have been right around 5% for awhile, and many economic forecasters see these low rates starting to increase later in the year.


All of the above information comes from the MLS Property Information Network and was compiled by Jon Treon, CRS, GRI. This represents only homes that were listed and sold by participants in the MLS.

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Comments (2)Add Comment
Go Natick!!
written by Ed Daniels - Metrowest Boston Real Estate, February 14, 2010
Just put on a new listing at 12 Overhill Rd in Natick and we had 12 showings in 2 days... so you are correct, the market is busy over there. This home was listed at $324900, so good for those first time home buyers in Metrowest looking for a reasonable price. Metrowest real estate is going strong, by the numbers. Thanks for the market update.
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