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Natick Real Estate Market Report Feb. 2010 |
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The total number of single family home sales for February of this year was 10, compared to 9 for February last year. The median selling price was $360,000, down about 10% from $403,000 in January 2009. The total number of sales so far this year is 26 with a median selling price of $443,750. For the first 2 months of last year there were 20 with a median sales price of only $369,000. Sales under contract are 20 for the month of February 2010 versus 17 in 2009.
There are currently 99 single family homes listed for sale in Natick today this year compared with 96 this day last year. The median asking price today is $519,900, while on March 13, 2009 it was $549,900. (There are 109 condominium properties listed for sale in Natick today, while exactly one year ago the number was only 85).
Interesting fact-on March 13, 2000 there were only 47 single family homes listed for sale in Natick. The median asking price was $489,900, compared with $519,900 today.
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.
If you are curious about what your home might sell for in today's market, feel free to give me a call and I will prepare a Comparative Market Analysis for you at no charge.
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Natick Home Sales Feb. 2010 |
| # |
Street |
List Price |
Sale Price |
Date Sold |
Market Time |
| 10-40 |
Nouvelle Way |
$554,000 |
$554,000 |
2/19/2010 |
0 |
| 10-40 |
Nouvelle Way |
$544,000 |
$544,000 |
2/26/2010 |
0 |
| 20 |
MacArthur Rd |
$579,900 |
$515,000 |
2/1/2010 |
104 |
| 5 |
Stonebridge Cir. |
$489,900 |
$489,900 |
2/26/2010 |
7 |
| 73 A |
West Central St. |
$499,000 |
$489,000 |
2/17/2010 |
55 |
| 10-40 |
Nouvelle Way |
$484,000 |
$484,000 |
2/4/2010 |
94 |
| 32 |
Woodland St. |
$459,000 |
$442,500 |
2/25/2010 |
32 |
| 18 |
Ranger Rd. |
$412,000 |
$400,000 |
2/26/2010 |
8 |
| 90 |
South Main St. |
$423,900 |
$380,000 |
2/24/2010 |
213 |
| 10-40 |
Nouvelle Way |
$335,000 |
$335,000 |
2/1/2010 |
16 |
| 27 |
Centre Street |
$339,000 |
$320,000 |
2/26/2010 |
7 |
| 14 |
Fiske Lane |
$329,900 |
$314,000 |
2/1/2010 |
192 |
| 16 |
University Drive |
$319,900 |
$300,000 |
2/19/2010 |
24 |
| 10 |
Richmond Rd. |
$250,000 |
$239,000 |
2/12/2010 |
74 |
| 22 |
Laconia Rd |
$150,000 |
$206,500 |
2/26/2010 |
34 |
| 7 |
Thoreau Ct |
$209,900 |
$200,000 |
2/16/2010 |
125 |
| 6 |
Cochituate St |
$229,900 |
$200,000 |
2/25/2010 |
2 |
| 9 |
Village Hill Lane |
$155,000 |
$143,000 |
2/26/2010 |
55 |
Information obtained from the MLS Property Information Network.
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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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Natick Home Sales January 2010 |
| # |
Street |
List Price |
Sale Price |
Date Sold |
Days on Market |
| 7 |
Kylie Lane |
$1,150,000 |
$1,060,000 |
1/4/2010 |
0 |
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| 62 |
Algonquian Dr |
$975,000 |
$932,500 |
1/8/2010 |
12 |
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| 18 |
Phillips Pond Rd |
$829,000 |
$822,000 |
1/6/2010 |
85 |
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| 11 |
Whispering Lane |
$869,000 |
$820,000 |
1/22/2010 |
53 |
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| 25 |
Indian Rock |
$750,000 |
$750,000 |
1/15/2010 |
88 |
|
| 21 |
Winnemay St |
$784,000 |
$737,000 |
1/21/2010 |
87 |
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| 33 |
Eliot Hill Road |
$675,000 |
$650,500 |
1/19/2010 |
164 |
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| 10-40 |
Nouvelle Way |
$569,000 |
$555,000 |
1/14/2010 |
80 |
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| 25 |
Vesta |
$549,000 |
$520,000 |
1/14/2010 |
207 |
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| 20 |
MacArthur Rd |
$579,900 |
$515,000 |
2/1/2010 |
104 |
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| 8 |
Ranger Road |
$539,900 |
$508,000 |
1/15/2010 |
19 |
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| 10-40 |
Nouvelle Way |
$484,000 |
$484,000 |
2/4/2010 |
94 |
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| 10-40 |
Nouvelle Way |
$479,000 |
$470,000 |
1/15/2010 |
80 |
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| 10-40 |
Nouvelle Way |
$454,000 |
$454,000 |
1/14/2010 |
0 |
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| 20 |
South Avenue |
$535,000 |
$446,475 |
1/7/2010 |
237 |
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| 8 |
Jefferson St |
$459,900 |
$445,000 |
1/20/2010 |
23 |
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| 10-40 |
Nouvelle Way |
$444,000 |
$444,000 |
1/22/2010 |
80 |
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| 10-40 |
Nouvelle Way |
$434,000 |
$435,000 |
1/8/2010 |
76 |
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| 6 |
Milford Avenue |
$405,000 |
$400,000 |
1/25/2010 |
97 |
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| 10-40 |
Nouvelle Way |
$395,000 |
$395,000 |
1/4/2010 |
41 |
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| 50 |
Travis Rd. |
$389,000 |
$353,500 |
1/29/2010 |
380 |
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| 10-40 |
Nouvelle Way |
$335,000 |
$335,000 |
2/1/2010 |
16 |
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| 10-40 |
Nouvelle Way |
$334,000 |
$334,000 |
1/15/2010 |
80 |
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| 21 |
Robinhood Rd |
$359,000 |
$333,000 |
1/4/2010 |
95 |
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| 14 |
Fiske Lane |
$329,900 |
$314,000 |
2/1/2010 |
192 |
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| 3 |
Gilbert Road |
$329,000 |
$307,000 |
1/29/2010 |
134 |
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| 13 |
Lookout Ave |
$333,000 |
$300,000 |
1/22/2010 |
283 |
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| 7 |
Overlook Road |
$250,000 |
$267,000 |
1/20/2010 |
102 |
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| 10 |
Richmond Rd. |
$250,000 |
$239,000 |
2/12/2010 |
74 |
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| 3 |
Village Way |
$219,900 |
$209,000 |
1/14/2010 |
100 |
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| 3 |
Village Rock Ln |
$149,900 |
$140,000 |
1/9/2010 |
145 |
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| 6 |
Squire Ct |
$144,900 |
$137,000 |
1/12/2010 |
115 |
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Information obtained from the MLS Property Information Network.
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Framingham Single-family Home Prices Decline in 2009 |
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The median price of a single family house in Framingham in 2009 fell from $329,000 in 2008 to $300,000, roughly 10 per cent. The total number of sales also dropped slightly, from 469 to 443.
The good news for homesellers is there are currently far fewer houses listed for sale right now, 104 single families in Framingham compared to 164 one year ago. The number of home foreclosures also seems to have slowed quite a bit.
For condominium sales, there were 173 in 2009 compared with 158 in 2008. The median price of a condominium sold in Framingham declined, however, from $94,750 in 2008 to $85,000 in 2009. There are right now only 56 condos for sale in the MLS, a big drop from 93 exactly one year ago.
Multi-family home prices dropped as well, from a median of $255,500 in '08 to $221,500 in '09. The number of sales also declined slightly, from 54 down to 48. This is most likely due to a decline in inventory, as there are currently only 20 multi-family (2-4 units) homes listed in Framingham as opposed to 35 one year ago. Again, the slowing foreclosure market is probably at work here, and less inventory usually results in stable or even increasing prices.
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 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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