October 10, 2012

Charlton, MA - Home Sales and Statistics (October)

The Charlton Homes For Sale Market Report

Charlton is seeing a good seasonal bump from all the August closings, and (so far) a tepid fall market with lower inventories. There's not much change here, but there's a little. If there was less new construction, the market might even look a little tighter, but the rising $/sq foot numbers (now at $138) tell us that the market is definitely improving. Charlton is up 15% or so off the lows by this metric, (although the average sale prices haven't moved appreciably).

Very high percentage of bank impacted inventory. With 17 out of 83 homes, that's about 19% of the market. Too high, and shows that sellers are more optimistic, but there's still a lot of unresolved debt out there in the marketplace.

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All that debt adds markettime to properties, and makes it harder for the market to find true equilibrium - and also keeps a lid on prices.

Charlton Houses For Sale and Sold Market Statistics - Raw MLS Data

There are 83 homes (vs. 93 in the last home sales report) listed as For Sale.
There have been 61 houses sold in the last 6 months, and 37 homes sold in the last 3 months.
The Average number of Days on Market was 148 days for just SOLD homes.
There is an Average Market Time of 176 days of the homes For Sale.
The Dollars paid per Square Foot in Charlton is $138 (vs. $131 )
There was an Average Sold Price of $237,683 for sold homes.
Charlton has 6 properties (vs. 5) advertised as lender owned/foreclosure (typically foreclosure) .
Charlton has 11 properties (vs. 5) advertised as a short-sale is going to be needed by lender .
Charlton “Hot Seller Index” (HSI): 70 Last Report: 66

*All statistics are for Single Family Houses and based on data in MLS.

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Wicked Cool Customer Comments

As first time buyers we were clueless as to to what we even wanted/ valued. Matt helped us sort through the different options and helped us find a great house. After 6 months in the house we could not be happier!

-G.T., Berlin

(Matt) "Remained patient and helped (me) remain patient at the most discouraging moments. Matt backs up his advice with data and past experience. I feel Matt does what is best for the customer and does an incredible amount of leg work where there is nothing or little for him to gain immediately. I've heard a lot of horror stories where it seemed the Realtor did what was in their interest. I feel Matt is sincere and has my interests at heart. I would have an extremely hard time finding another Realtor like him. " -J.L., Charlton

Matt is the best person (for real estate agents) I have ever met, in my last 6-8 months of house hunting. We recently closed our house with extreme help of Matt, on every corner. Which, without him, would not have been possible. - SM, Shrewsbury

As a first time home buyer, the process seemed daunting and stressful. I originally worked with another agent who did no more than plug in what I wanted and shoot me an automated list of houses to look at with little else as far as attention to me. Seeing as I could do that myself, I quickly went looking elsewhere for guidance. Matt was easy to communicate with through email and phone. I provided my thoughts on what I was looking for and he provided honest feedback about what was and wasn't realistic. When he showed us houses, it was always an opportunity to learn about what to look out for and never a pressure to buy. He has always been responsive and still finds the time to answer all my questions after the deal is all said and done. This type of service and dedication is hard to find. I can honestly say I would go to no one else in the future. H. Shea, Upton.

Matt recently sold our house in Shrewsbury. His knowledge of the current market and the area were instrumental in finding the right buyer. Matt handled all the details with such professionalism it enabled us to move smoothly through the selling process with minimal stress. He was always available and in communication with us keeping us appraised of events so we could make critical decisions as needed. We're in the process of looking for a new house, we wouldn't use anyone else! DSC, Shrewsbury

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October 10, 2012

Charlton, MA - Home Sales and Statistics (October)

The Charlton Homes For Sale Market Report

Charlton Houses For Sale and Sold Market Statistics - Raw MLS Data

Find Your Next Home

Matt's Top Read Real Estate Posts

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