Real Estate Condo Sales for Ashland, MA (Feb, 2016)

Condos For Sale in Ashland Market Report

Rising prices for condos in Ashland has softened the market, but what a run it has been.  Note, the following graphic shows that current sellers aren't exactly shy about where they are listed, as they are far ahead of the buyers, who have pushed prices up steadily over the last three years about 15%. 

Can’t see the chart? You can find it Here .

What should active condo buyers do in Ashland?

Be patient!  Motivated sellers will likely list more in line with current sale prices.  Many units currently available are overpriced based on past sales.  But many sellers are going to buy a home this spring, and their units will be listed shortly afterward. Homes for sale inventories are already rising, they may rise further. 

What should potential condo sellers do in Ashland?

Don't ask for prices you can't get - the home buyers don't seem to be interested in paying them.  Despite the prices moving up, it has had the affect of softening the market.  It's still, very, very good-  but you can't reach too far price wise, or you'll sit around. With the average seller asking $50/sq foot more than current sale prices, don't make their mistake!

Ashland Recent Condos For Sale and Sold Market Statistics - Raw MLS Data

• Ashland ‘s “Condo Seller Index” (CSI):216 Last Report:322
• There are 27 homes listed as For Sale.
• There have been 96 houses sold in the last 6 months, and 55 homes sold in the last 3 months in Ashland .
• The Average number of Days on Market was 30 days for just SOLD homes.
• There is an Average Market Time of 137 days of the Ashland homes For Sale (currently for sale).
• The amount that was paid in Dollars per Square Foot averaged $199 (vs. $187 )
• Current sellers are looking for 249 $/sq foot
• There was an Average Sold Price of $358,092 for sold homes.
• Ashland, MA, has 1 properties advertised as lender owned or foreclosure (typically foreclosure) .
• There are 0 properties advertised as a short-sale is going to be needed by the lender.

*All statistics are for Single Family Houses and based on data in MLS. Matt’s HSI is proprietary, and is designed to offer town-by-town information, instead of large scale trends. (That means you won’t find it anywhere else. Take that, Case-Schilling!).