How Quickly Are Homes Selling in Shrewsbury Massachusetts?
Many people have their eye on the real estate market these days. There are signs of recovery around the country, especially in the larger metropolitan areas. But what of the local market? Is it also recovering?
I'd like to share with you a snapshot of how quickly homes are selling in the town of Shrewsbury, MA. The graph below shows the average days on market for single family homes from the years 2007 to 2013. As you can see, from 2007 to 2010, the days on market were fairly consistent. In 2011, one of the most difficult years in real estate, the days on market had quite an increase. But for 2012 and 2013, days on market have started to decrease.
On average, sellers have gone from having to wait four to five months to sell their homes, on down to about three months. That is great news for anyone who needs to make a move.
If you are thinking of selling your home and would like to see where it stands in the 2014 marketplace, please feel free to contact me. It would be my pleasure to run a market analysis for you and help you with your decision making.
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Text and photos copyright Kathryn J. Acciari unless otherwise noted.
All rights reserved.
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