Here we see the effect of new construction saturating the market in particular price range. As the new construction stays on, market time for the town moves up. But the days sold of is a better number to look at - it shows the other …
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Northbridge has improved, but there's still a great deal of new construction on the market that will keep a lid on prices. About 40% of the advertised market is new homes, but we see a lot of strength in the existing sales …
Analysis of Housing Market Statistics
Northbridge, Massachusetts:
Jumping out of the data in this report is the almost two to one Active to Sales Ratio. A jump in inventory has not been met, as it has in other towns, with a huge jump in sales, and the number of …
