Charlton Real Estate: 3rd Quarter 2009 Market Report
The real estate market in
Charlton, MA has seen an increase in activity as the year has progressed. Here is a quick breakout for each quarter:
In the first quarter of 2009: 19 single family homes sold, with an average sale price of $261,126.
In the second quarter of 2009: 20 single family homes sold, with an average sale price of $273,115.
And in the third quarter of 2009: 30 single family homes sold, with an average sale price of $239,640. Another 18 homes are currently under contract; however, 83 homes remain on the market (see pie chart below).
Good news and bad news: While the average sale price has gone up and down, it is wonderful to see that an increasing number of homes sold in the third quarter. As we head into the winter market, though, there are still 83 homes on the market as of today (10/24/09). This represents about another 9 months' worth of inventory if no other properties come on the market. Thus, Charlton remains a buyer's market.
Would you like tips and advice on buying or selling a home in this changing real estate market? Do contact me - I would be happy to help you get your piece of the real estate pie!
Yours in real estate,
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Kathryn Acciari, Brand Ambassador
Century 21 Real Estate LLC
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