The following information covers Natick, Wellesley, and Newton for 7/21/11-8/20/11. There haven't been significant price changes since last month, aside from the typical mid-summer slow down, but it remains clear that to avoid a long time on the market, sellers must have their homes priced right and marketed well. In some cases, even in the current market, this leads to a sale price above the listing price in a short period of time.
In Natick, there are currently 91 active single family homes on the market for an average list price of $579,000, having been on the market for an average of 119 days.
There are 37 homes under agreement, with an average list price of $496,000. These homes were on the market for an average of 61 days.
In the past month, 27 homes sold for an average of $457,000 (list prices averaging $468,000), after 95 days on the market.
In Wellesley, there are currently 140 active single family homes on the market for an average list price of $1,811,000, having been on the market for an average of 157 days.
There are 23 homes under agreement, with an average list price of $1,373,000. These homes were on the market for an average of 104 days.
In the past month, 43 homes sold for an average of $1,367,000 (list prices averaging $1,451,000), after 126 days on the market.
In Newton, there are currently 185 active single family homes on the market for an average list price of $1,245,000, having been on the market for an average of 126 days.
There are 72 homes under agreement, with an average list price of $981,000. These homes were on the market for an average of 83 days.
In the past month, 72 homes sold for an average of $908,000 (list prices averaging $937,000), after 70 days on the market.
Although they aren't included here, condos and multi-family properties are excellent investments right now, as there is a very strong rental market. Owners can benefit from cash flow and tax deductions if they are able to finance the purchase of a rental property.
For more information, please visit my website: www.torykeithrealestate.com
Saturday, August 20, 2011
Wednesday, August 3, 2011
Family Friendly Events & Activities in Natick and Wellesley August-September 2011
Even if your vacation is already over, there's still plenty to do to make the most of the rest of summer in Natick and Wellesley!
Courtyard Fun, Linden Square, Wellesley: Movie Nights every Thursday until 9/1 and Saturdays for Kids from 2-5 until 8/27. http://www.shoplindensquare.com/
Natick Concerts on the Common every Monday at 7pm until 8/22
Natick Farmers Market every Saturday on the Common from 9-1
Natick Days 9/10 11-4 Natick Center http://www.natickdays.org/
Wellesley Summer Concerts, Town Hall Green - last one tonight, 8/3 from 7-8:30 http://www.wellesleyma.gov/pages/wellesleyMA_Recreation/Special%20Events
Morses Pond Beach Movie: Finding Nemo, 8/11 7:50 http://www.wellesleyma.gov/pages/wellesleyMA_Recreation/Special%20Events
Swimming and sandcastles at Morses Pond Beach in Wellesley and Memorial Beach at Dug Pond in Natick
What are your favorite local late summer activities?
Courtyard Fun, Linden Square, Wellesley: Movie Nights every Thursday until 9/1 and Saturdays for Kids from 2-5 until 8/27. http://www.shoplindensquare.com/
Natick Concerts on the Common every Monday at 7pm until 8/22
Natick Farmers Market every Saturday on the Common from 9-1
Natick Days 9/10 11-4 Natick Center http://www.natickdays.org/
Wellesley Summer Concerts, Town Hall Green - last one tonight, 8/3 from 7-8:30 http://www.wellesleyma.gov/pages/wellesleyMA_Recreation/Special%20Events
Morses Pond Beach Movie: Finding Nemo, 8/11 7:50 http://www.wellesleyma.gov/pages/wellesleyMA_Recreation/Special%20Events
Swimming and sandcastles at Morses Pond Beach in Wellesley and Memorial Beach at Dug Pond in Natick
What are your favorite local late summer activities?
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