Natick Real Estate on Caffeine First 2 months of 2010

NATICK’S single family sales shot up 25% and sales dollar volume exploded by 42.8% for the first two months of this year as compared to the same period last year. During this period Natick‘s median single family home price also increased 20.1% 

Inventory level of single family homes as of 3/1/2010 increased 13.5% over the same time last year. Given the increase in sales, the increase in inventory is being absorbed at a steady rate.

Percentage change for the two months ended 2/28/2010 vs. the same period for 2009

SALES Units…………………….+ 25.0 %
$ Volume………………………..+ 42.8%
Median Price……………………+ 20.1%
Units in Inventory………….+ 13.5%.
Average Days on Market…. –  19.5%
Natick’s real estate market continues to show stability and the ability to stay in balance by absorbing new inventory.

John Prescott, Vice President

Century 21 Commonwealth

508-523-9252

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