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Savvy Buyers know this is an excellent time to buy.  Would you have thought that interest rates would be below 4% for a 30 year fixed rate to start off 2012?   Six months ago, the rates were floating between 4.75-5.25%, historical lows,  but now they are even better!  If you haven’t refinanced in the last 2 years,   you may want to think about it now.  

It’s interesting to note that selling prices of homes for sale in Acton remained relatively flat between 2010 and 2011. 

Could this be an indicator of house prices hitting the bottom and on their way up?

Take a look at Boxborough too.  Home sale prices in Boxborough increased 10.1% from 2010 versus 2011 and sold faster,  average days on market 127 days,  and the number of homes sold were more than in 2010.   This is a healthy sign in Boxborough.   

The number of homes sold in Bedford increased from 2010 to 2011 even though homes stayed on the market longer, nearly 100 days.  Bedford house prices fell 8.7%, making Bedford a very good value in 2011.  Hopefully this will continue into 2012.  

Homes for sale in Concord had a slight decrease in selling price, yet the number of homes sold increased in 2011.   The data shows that Buyers are purchasing homes,  especially if they feel the value is good. 

The number of homes sold in Littleton, Maynard and Stow was also up from 2010,  again showing that there were more buyers purchasing homes in 2011 than 2010.  More buyers means increased competition for the inventory of homes on the market,  which leads to increased demand, which can drive home prices up.  

 

Quick MLS Search in:

Acton, Boxborough, Concord, Carlisle, Littleton, Stow, Westford

 

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MARKET UPDATE,  2011 versus 2010

Year Ending Data for 2011 vs 2010
Single Family Home Sales*


Acton

Real Estate

2010

2011

#  Sold Homes

188

156

Avg DOM

77

96

Avg Selling Price

571,470

569,763

% Change

 

- 0.3%

 

 

 

Boxborough Real Estate

2010

2011

# Sold Homes

31

35

Avg DOM

166

127

Avg Selling Price

505,739

556,999

% Change

 

+10.1 %

 

 

 

Bedford

Real Estate

2010

2011

# Sold Homes

85

97

Avg DOM

65

98

Avg Selling Price

622,759

568,532

% Change

 

- 8.7 %

 

 

 

Concord

Real Estate

2010

2011

# Sold Homes

159

177

Avg DOM

109

118

Avg Selling Price

863,134

837,572

% Change

 

- 2.9 %

 

 

 

Littleton Real Estate

2010

2011

# Sold Homes

82

73

Avg DOM

134

144

Avg Selling Price

405,352

365,496

% Change

 

- 9.8 %

 

 

 

Maynard Real Estate

2010

2011

# Sold Homes

98

95

Avg DOM

96

109

Avg Selling Price

306,740

315,195

% Change

 

+ 2.8%

 

 

 

Stow

Real Estate

2010

2011

# Sold Homes

58

73

Avg DOM

156

186

Avg Selling Price

458,999

460,416

% Change

 

+ 0.3 %

 


*data provided by MLS Property Information Network, Jan 1, 2010- Dec 31, 2011

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    Laurie J. Proulx, Broker, CBR, SRES

    978-505-5825
    Laurie@BeaconHomeGuide.com

    www.BeaconHomeGuide.com

   

CBR® - Certified Buyer Representative • Equal Housing Opportunity • MLS membership • A Guide to Buying/Selling Homes for sale in Acton MA and surrounding area real estate: Acton Real Estate, Bedford Real Estate, Concord Real Estate ... and surrounding area.

Coldwell Banker Residential Brokerage

97 Great Rd, Acton, MA

 

This website is not the official site of Coldwell Banker Residential Brokerage.

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