There were 94 single family homes that closed in the first three trimesters of 2009 in Wayland, Massachusetts. This is up from 87 sold during the same period last year, an 8% increase.

However, the median selling price for these properties during this period declined over $50,000, from $560,500 to $510,000. This represents a median selling price drop of 9%.

The Average Days on Market for the homes that closed in Wayland during the first 9 months of 2009 was almost unchanged from last year, 129 days.

There are currently 92 single family homes listed for sale in the MLS for Wayland. One year ago there were 105. The median asking price is $658,500, almost unchanged from last years $649,000 at this time. There is currently a seven months supply of inventory in Wayland. This means we are in a market of flat to declining prices due to soft demand.

If you are ever interested in finding out what a home sold for in your neighborhood, or are thinking of selling your currnet home, always feel free to give me a call. As a 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.

The median selling price of a single family home in Framingham, Massachusetts sold between January and September of this year fell $40,005, or 12%, from the same period in 2008. 

The median selling price of a single family home sold in Framingham during this period of 2009 was $294,450. During the same nine month period of '08 the median selling price was $334,500.

There were 334 single family houses that closed from January through September 2009 in the town of Framingham. This is a decrease of 27 or 7% from the same period of 2008, when there were 361 single family homes sold in Framingham.

The Average Days on Market for the homes that closed in Framingham during the first nine months of 2008 was 116 days. The Average Days on Market for the homes that closed during the first half of 2009 was 109 days. 

Currently there are 160 single family homes listed for sale in the MLS in Framingham. Last year at this time there were 218. This represents a substantial drop in inventory, which is always a good sign for sellers. Less inventory means fewer choices for buyers which usually leads to higher, or at least more stable, prices.  Also, the median asking price for a single family house in Framingham is now $359,900 up from $319,900 one year ago.

For condominiums sold in Framingham January-September this year, there were 125 units sold at a median price of $87,000. Last year over the same period there were 119 condos sold at a median price of $110,000, which is a 21% decrease in prices. This is due primarily to the large number of foreclosed properties which have dominated the Framingham condominium market for the last few years. The good news for condo owners is there are now only 64 units listed for sale, compared with 107 one year ago. This is a huge drop in inventory. The banks are now pricing their units to move quickly, and there have been multiple offers on many bank owned condominiums, as well as single family and multi-family homes for sale in Framingham lately.

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.

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.