Dudley, MA Real Estate: 3rd Quarter 2009 Market Report
Sales of single family homes in Dudley, MA are holding steady, but the average sales price continues to drop. Single family home sales for 2009 have been as follows:
In the first quarter of 2009: 10 single family homes sold, with an average sale price of $257,350.
In the second quarter of 2009: 21 single family homes sold, with an average sale price of $220,467.
And in the third quarter of 2009: 20 single family homes sold, with an average sale price of $207,230 and average time on the market of 127 days.
Another 17 homes are currently under contract; however, 87 homes remain on the market and these already have an average market time of 187 days.
The chart below makes it clear that home sales are slow. It is indeed a buyer's market in Dudley, MA. It would take close to nine months, perhaps longer, for the current inventory of houses to be sold if no additional properties came on the market.
For additional information on real estate activity in Dudley, Massachusetts, contact me. It would be my pleasure to help you.
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Kathryn Acciari, Brand Ambassador
Century 21 Real Estate LLC
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