Health & Fitness
2013 Real Estate Market Overview
We've all heard that the Real Estate market had a great 2013, but exactly how good for your town? MLSPIN year-end results are in and show that Framingham sold a total of 593 Single-Family homes, 185 homes were sold in Hopkinton, 125 homes were sold in Southborough, and Sudbury had 242.
The Average Sale Price in these four towns increased 5% over 2012 Average Sales Prices. Southborough showed a +15.9% increase, Framingham +9.5%, Sudbury +8.1%, and Hopkinton +.5%.
Does this mean your house is worth 15.9% more if you bought in Southborough in 2012? Not exactly. The average sale price increase isn't a scientific method of determining home value. For a Competitive Market Analysis to establish your properties current value, please contact me at 617.640.1400.
Please see the attached graph for more data on your town.
I am a Realtor with Century 21 Commonwealth’s Framingham office, specializing in Metro West Real Estate. You can reach me by email at maria.romero@commonmoves.com, or visit www.MetroWestRealEstateSales.com.