NATICK – Coming to Market Soon!

Young light filled 3 bedroom, 2.5 bath, 2000SF Colonial with Central Air.  Close to town and train.

Pictures and details to follow soon…

NATICK, Restored Farmhouse Colonial, First Open House 6/29, 2-4 & 6/30, 1-3

33 Second Street, Natick, MA, $495,000

John Prescott, Vice President

Century 21 Commonwealth, 508-523-9252

http://www.seetheproperty.com/116665

Smooth Sailing for Natick Real Estate in 2012. Results were driven by higher end sales.

Below are the percentage changes in NATICK single family sales for the year end 2012 as compared to 2011.

SALES Units………….. flat

Dollar Volume……….+ 9.9%

Median Price…………+6.8%

The real story behind the numbers for 2012 is that Natick had a big comeback in the sale of higher end homes, homes sold at $700,000 or greater.  The number of homes sales over $700,000 increased 51.3% in 2012 as compared to 2011!

Are you as optimistic for the Natick real estate market in 2013 as I am?

John Prescott, Vice President

Century 21 Commonwealth

508-523-9252

Natick High School 2012 SAT Scores – Mark Milestone

Take a bow Natick!

The 2012 SAT scores have just been released and Natick students exceeded state averages in the latest results!

The 284 Natick students who took the SATs this year achieved scores of 535 in critical reading, 563 in math, and 531 in writing.

The statewide average is 506 for reading, 523 for math, and 500 for writing.

The Department of Elementary and Secondary Education said in a prepared statement that Massachusetts public high school students have made a 12-point gain in math over the past decade, and that overall student participation in the test has increased.

                                                                          – Boston.com

While the 2012 average score fell in reading from 2011, this year’s scores contributed to a fine showing by greater Boston’s west suburban schools.

Wellesley, Weston, and Needham also marked incredibly strong performances, with these communities achieving top spots in scores for the entire state.  Wellesley led Massachusetts’ students performance “with a combined average score of 1881, according to data released Tuesday by the College Board, which administers the SATs. Acton-Boxborough Regional had the second highest overall score at 1876.”

Complete information for all Massachusetts towns can be found at: 2012 SAT Scores Massachusetts

Natick High School 2012 SAT scores exceed state averages – Natick – Your Town – Boston.com.

Needham Real Estate: Tear Downs Make Way For New Construction

New construction and the associated tear down of older and smaller homes is alive and well in Needham.

For the eight month period from 1/1/2011 to 8/31/2011 twenty nine new construction single family homes were sold in Needham with an average sale price of $1,312,956. The 29 homes represented 14.3% of the total number of homes sold.

For the same eight month period in 2012 the number of new construction single family home sales increased by 20.7% to 35 homes. The total number of homes also increased proportionally so that new construction represented 14.8% of sales.

The average sale price of new construction homes and the corresponding per square foot price remained stable in Needham for this period.

Fast forward 30 years and at this rate, Needham may not have any smaller/older homes left to tear down.

What do you think about this trend?

John Prescott, Vice President

508-523-9252

Century 21 Commonwealth

Wellesley Real Estate: Tear Down Trend Alive and Well!

New construction and the associated tear down of older and smaller homes is alive and well in Wellesley.

For the eight month period from 1/1/2011 to 8/31/2011 twenty two new construction single family homes were sold in Wellesley with an average sale price of $2,109,500. The 22 homes represented 10% of the total number of homes sold.

For the same eight month period in 2012 the number of new construction single family home sales increased by 18% to 26 homes. The total number of homes also increased proportionally so that new construction represented 10.1% of sales.

The only significant change from the first eight months of 2011 versus 2012 was a decrease in the average sale price of new construction homes of 10.1% and a corresponding per square foot price decrease of 6.9%.

Fast forward 50 years and at this rate Wellesley may not have any smaller/older homes left to tear down!

What do you think about this trend?

John Prescott, Vice President

508-523-9252

Century 21 Commonwealth

592 Washington Street, Wellesley

Related:

* Tis’ the season for Wellesley teardowns | The Swellesley Report

Related articles

 

• Needham Real Estate, New construction/Tear downs are alive and well! (bostonkayakguy.wordpress.com)
• Condo Hunter. . . NATICK: Nouvelle Condominiums (bostonkayakguy.wordpress.com)

Top Spots To Live in Boston 2012 – By Street

Residence, Wellesley, Massachusetts (Photo credit: Cornell University Library)

Think you know the most charming street in your town?

Do you live on the “Wisteria Lane” of the western suburbs?

Or do you think the appeal of Wellesley’s Cliff Road or Weston’s Boston Post Road ranks right up there with Otis Street in Newton?

Or is it time to foresake the old favorites and find the newest and best new construction on the valuable streets and roadways of our own special communities?

A street where everybody knows your name perhaps?

Or a stately boulevard such as Fair Oaks Park in Needham?

Well the Boston Globe has just released their take on this age-old dilemma, and you may be surprised by their findings…

Top spots to live 2012 – The Boston Globe.

Related articles

• Top spots to live 2012 (boston.com)
• If You Can Tear It Down, Buyers Will Rebuild It (bostonkayakguy.wordpress.com)

Natick Real Estate.. Springing to Life?

The mild winter historically should bring an early spring market to the Metrowest area.  So far January has proven to be much slower than last year for single family sales in Natick.  The good news is that pending sales in Natick are on track to make sales in Natick for February about equal to February of last year.

What do you think?  Only time will tell for sure.     

Below are the percentage changes for single family homes in Natick for the month of January 2011 verses 2010:

Sales Units………………………………………………….   – 41.6%

$ Volume……………………………………………………   – 31.9%

Median Price……………………………………………….  + 20.9%

Average days on market………………………………..   – 30.3%