Ashland, MA - Home Sales and Real Estate Market Report (January, 2013)

 

Ah, the first of the new year reports are here. Ashland is on tap,

Find Your Next Home or Check out the Competition!

 

let's see what the chart says:

 

 

 

The chart shows a strong Ashland market for home sellers, but the data has some interesting numbers in it. First, the Home Seller Index is still good, at 104, but has pulled back from last reports blistering 132. Why? Lack of inventory. It's

 

possible that maybe demand is weakening, but when we look at the inventory numbers, (the number of homes for sale) it's a pretty paltry 46. More important, the $/sq foot number is at a high here on the blog, as it made a solid jump since the last report, and stands 3% higher than this time last year.

 

The one real negative I see is that bank impacted inventory is up sharply, which will keep prices down. Over 25% of the Ashland market is a short-sale or foreclosure. Sellers who are not short will find buyers willing to pay higher prices.

 

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

Thinking of selling? The lack

of homes on the market means buyers

will come knocking.

 

  • There are 46 homes listed as For Sale.
  • There have been 85 houses sold in the last 6 months, and 35 homes sold in the last 3 months.
  • The Average number of Days on Market was 86 days for just SOLD homes.
  • There is an Average Market Time of 197 days of the homes For Sale (currently for sale).
  • The Dollars paid per Square Foot in Ashland is $183 (vs. $177 )
  • There was an Average Sold Price of $387, 784 for sold homes.
  • Ashland has 5 properties (vs 4 in the last report) advertised as lender owned/foreclosure (typically foreclosure) .
  • Ashland has 6 properties (vs 3) advertised as a short-sale is going to be needed by lender .
  • Ashland “Home Seller Index” (HSI):104 Last Report:132

 

 

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

 

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About Matt Heisler

Matt Heisler is a real-estate professional and owner of this website. He has been selling homes in MA for buyers and sellers for over 20 years. He is an expert in foreclosure purchases, short-sale purchases, short-sale sales, buy and hold investing, fix and flip investing, and of course traditional residential home sales. He is happy to take questions as they pertain to real estate on Title V, Radon, Termites, Sump Pumps, Roofs, Foundations, Wells, Septic Systems, Cash-Flow, Staging, and a host of other housing issues. As a Vanderbilt University alumnus, he is proud to serve his local community.

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*All information is posted in good faith and is assumed to be reliable, but may rely on third party information sources.