Showing posts with label market snapshot. Show all posts
Showing posts with label market snapshot. Show all posts

Thursday, November 1, 2012

Westport MA Real Estate & Homes for sale in Westport

- October 2012 -
 
Westport MA real estate sales remains stable. In October there were 8 homes sold in Westport compared to September when 11 homes Sold in Westport.

SOLD HOMES: The lowest priced house in Westport in the month of October sold for $60,000 which was a Cottage on Pine Tree Ave and was a Foreclosed property. St. In September the lowest priced home sold for $149,000.

The Highest priced home in Westport in the month of October sold for $699,000 which was a Ranch on Costa Lane. Compared to September sold for $826,000 which was a Circa 1800 Cape at Westport Point Waterfront. Two Sales were Foreclosed homes. There were no Condos nor Multi Families homes sold in October.

UNDER AGREEEMNT: There were 12 single family homes Under Agreement with prices varying from $149,000 to $699,000 as of October 31st.

ACTIVE LISTINGS: There are currently 108 Active listing in Westport (based on MLSPIN MA) with prices varying from $149,000 on Blossom St up to $2,595,000 on River Road. Six units are condominiums with prices between $167,500 and $439,000, and 8 are multi families with prices from $349,000 up to $699,000. There are currently 1 Foreclosed Home for sale in Westport and 2 Short Sales.

Home Sold in Westport MA - 2012 Average Prices
Average PriceJanuaryFebruaryMarchAprilMayJune
List price p/SqFt$162$193$182$201$209$306
List Price$345,414$228,967$452,670$530,515$370,971$658,835
Sales Price$329,271$212,333$395,740$491,795$331,600$542,358
Sale price p/ SqFt$155$178$171$189$190$209
Days on the Market169 days309 days120 days195 days149 days222 days

Average PriceJulyAugustSeptemberOctoberNovemberDecember
List price p/SqFt$173$211$207$151
List Price$346,535$480,783$328,733$345,338
Sales Price$339,723$417,150$316,000$327,188
Sale price p/ SqFt$171$189$202$147
Days on the Market254 days217 days164 days96.13 days

If you are thinking of buying a home in Westport MA visit www.DistinctiveHomes-NE.com for a free list of homes for sale in Westport MA.

If you are thinking of selling your home contact me for a FREE Current Market Analysis and to learn about our Market Plan to get your home SOLD!

Noemi Cardoso
Local Office. Local Agents. Local Knowledge.
William Raveis Real Estate
911 Main Rd - Westport MA 02790
Cell: 508-558-1945
www.DistinctiveHomes-NE.com
noemi@DistinctiveHomes-NE.com

Monday, September 24, 2012

5 Reasons to Sell Now

by The KCM Crew on September 24, 2012
 

Many sellers feel that the Spring is the best time to place their home on the market as buyer demand increases at that time of year. However, the Fall and Winter have their own advantages. Here are five reasons to to sell now.
 

Only Serious Buyers Are Out


At this time of year, only those purchasers who are serious about buying a home will be in the marketplace. You and your family will not be bothered and inconvenienced by mere ‘lookers’. The lookers are at the mall or online doing their holiday shopping.


There Is Far Less Competition


Housing supply always shrinks dramatically at this time of year. This year will be a little different as some of the distressed properties being liquidated by the banks (in the form of foreclosures & short sales) will enter the market. However, for those buyers looking for a non-distressed property, the choices will be limited. Don’t wait until the spring when all the other potential sellers in your market will put their homes up for sale.

The Process Will Be Quicker


One of the biggest challenges of the 2012 housing market has been the length of time it takes from contract to closing. Banks have been inundated with both purchase and refinancing loan requests. Both of these will slow in the winter cutting timelines and the frustration these delays cause both buyers and sellers.

There Will Never Be a Better Time to Move-Up


If you are moving up to a larger, more expensive home, consider doing it now. Prices are projected to appreciate by over 15% from now to 2016. If you are moving to a higher priced home, it will wind-up costing you more in raw dollars (both in down payment and mortgage payment) if you wait. You can also lock-in your 30 year housing expense with historically low interest rates right now. There is no guarantee rates will remain at these levels in years to come.

It’s Time to Move On with Your Life


Look at the reason you decided to sell in the first place and decide whether it is worth waiting. Is money more important than being with family? Is money more important than your health? Is money more important than having the freedom to go on with your life the way you think you should?

You already know the answers to the questions we just asked. You have the power to take back control of the situation by pricing your home to guarantee it sells. The time has come for you and your family to move on and start living the life you desire. That is what is truly important.

Don't hesitate to call or e-mail me with any of your real estate questions, I would be delighted to help you make the process of buying or selling a home as relaxed as possible.

If you are thinking of buying a home in Bristol County MA or RI visit www.DistinctiveHomes-NE.com for a free list of homes for sale in Bristol County MA and RI.

If you are thinking of selling your home contact me for a FREE Current Market Analysis and to learn about our Market Plan to get your home SOLD!


Noemi Cardoso
RE/MAX Welcome Home
Cell: 508-558-1945
Home Office (Westport) 774-264-9085
www.DistinctiveHomes-NE.com
noemi@DistinctiveHomes-NE.com