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Brimfield MA Real Estate Market Update

Brimfield MA Real Estate Market Update

2nd Quarter 2010 Market Report for Brimfield, MA

 brimfield real estate

Brimfield, MA: The second quarter of 2010 was an important time for real estate.  We had the spring market surge, along with the winding down of the tax credit incentive.  Let's see how home sales went in Brimfield, MA, for the second quarter of 2010 compared to second quarter 2009.

Number of Homes Sold

In 2009, 11 single family homes sold during the second quarter of the year. 
In 2010, 13 single family homes sold during the second quarter of the year.

Average Sales Price

Second quarter 2009 average home price was $199,664.
Second quarter 2010 average home price was $235,531 - an increase from 2009.

Average Days on Market

For the homes sold during the second quarter of 2009, the average time on market was 208 days.
For homes sold during the second quarter of 2010, average time on market was 236 days.

Current Market Snapshot

Currently, there are 44 single family homes for sale in Brimfield MA.  The prices range from $36,000 for a fixer-upper  cottage to $1,490,000 for an antique farm house built in 1793.

Summary

The second quarter of 2010 saw a comparable number of home sales compared to the same time period in 2009, with a moderate increase in the average sale price of homes sold.  The average time on the market is of concern - it is taking 7 to 8 months for homes to sell, on average.

What will be telling will be the final two quarters of 2010.  Will this sales trend continue, or will the end of the tax credit have a slowing effect on the market?  Check in early October to see how the market changes in Brimfield, MA.

Are you planning to buy or sell a home in Brimfield, MA?  Call me for an honest discussion of ways you can make the market for you:  (508) 982-0686. 

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Text and photos copyright Kathryn J. Acciari unless otherwise noted. 
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Sturbridge & Central MA Real Estate and More

 

 

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Kathryn Acciari, RSPS, SRS, RESE, CFA

Century 21 MetroWest
45 Lyman Street  Suite 14
Westborough MA 01581

Serving the Route 9/20 Corridors of Central Massachusetts
Sturbridge to Westborough

Cell: (508) 982-0686   
Email:
kasellshomes@gmail.com

Web site: kathrynacciari.com
Blog:
Real Estate Blog
Twitter: @kacciari

Comment balloon 0 commentsKathryn Acciari • July 18 2010 11:38PM
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