Massachusetts Real Estate Blog, Shirley MA Realtor
Here is a quick real estate market snapshot for the Ayer-Shirley MA market, data crunched from Trendgraphix.
The first graph shows the number of listings on the market, compared with the pendings and homes sold ending with June 2010:
The second graph shows the same statistics run for the condominium market in Ayer and Shirley:
There is 6.9 months on inventory on the market for single family residences (houses), and 5.7 months of condo inventory.
You can compare this with June 2005
where there were nearly the same number of homes on the market as now, but there was more sales activity. There was 5 months of inventory at that point, meaning that if no other homes were to come onto the market, it would take about 5 months to sell what is already there. The more months of inventory, the more of a buyer’s market it is.
Even within zip codes, there are micro-markets. Some properties are selling faster than others. All need to be priced well and decluttered (staged if necessary) to sell quickly in this market. If you are wondering what the market looks like for your home, shoot me an email or contact me here:
Real estate or social media questions? Find me ...On Facebook where you can access a home search ...All of my online links ...On LinkedIn ...Email me at diane@realtyman.com ...or call 978-840-4014
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