Single family homes comprise 14% of residential dwellings sold in Cambridge in 2009 (as of October 31).  88 homes sold with an average sales price of $1,072,790 which reflects a decline of -5% as compared to 2008.  The average days on market were 86 and the list to sell ratio was 97%.

Activity during the third quarter show 41 units sold with lower prices and interest rates contributing to the increased activity.

Three Year Trend

2009 YTD (10/31)

Information is compiled from MLSPin, the statewide MLS in Massachusetts and is not guaranteed to be accurate.  This report does not include sales outside the MLS.

Amherst, NH Market Activity

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Year to Date Activity for single family homes as reported through the NNEREN MLS on September 30, 2009.

Homes sold – 87 closed listings – same as last year.

Average selling price – $346,763 – a decline of 8.5% compared to 2008.

List-to-sell % – 96%

Average days on market – 153 – increase of 23%

Amherst YTD (9/30/2009)

YTD (9/30/20090

 Information reported was obtained through the NNEREN mls system and is not necessarily accurate or a complete representation of all homes sold in Amherst, NH during the 01/01/2009-9/30/2009 time frame.

 Manchester New Hampshire Homes and Condominium Sales – 2009 YTD

   Single family homes average sales prices are down 10% as compared to 2008.  This a 20% decline in value since 2007.  The number of homes sold is the same and the days-on-market dropped slightly to 88 days. 

 The number of homes sold is the same and the days-on-market dropped slightly to 88 days. 

The number of condominiums sold has dropped 20% as compared to 2008.  Single family homes are competing with condominiums due to lower prices and more desirable financing.  The average sales price has declined from $166,732 to $141,929 and mirrors single family homes 20% drop as compared to 2007. The list-to-sell ratio remains constant at 98%.  The DOM dropped from 156 to 127.

Andover, MA Market Survey- Year to Date (As of September 30, 2009)

“Year to date” market reports compare homes and condominiums sold in 2007-2009.  For a complete view of market conditions, you must consider the third quarter comparisons as well.  Andover MA foreclosures are effecting the average selling prices for both single family and condominiums.  This report is not a reflection of all properties sold and is data compiled from the MA MLS (MLS Pin).  The information is not guaranteed to be accurate but will provide a fairly accurate representation of Andover, MA real estate activity.  To view homes and condominiums currently on the market visit Andover MA homes for sale. 

Single Family Homes Sold

The number of homes sold in 2009 (YTD) increased slightly over 2008 from 191 to 196.  The days on market declined from 117 to 109.  The average sales price declined slightly less than 4% from $602,601 to $579,306.  Activity during the third quarter of 2009 indicates a 16% increase in homes sold and an increase in average selling prices of 3%. 

Condominiums Sold

Market activity for condominiums sold in 2009 was substantially less than 2008 as units sold dropped from 54 to 38.  The average sales price increased from $261,786 to $280,711.  The third quarter activity indicate an increase in the average sales prices of 5% from $245,260 to $268,787.  If this trend continues in the fourth quarter, we may look to early 2009 as the bottom of the market.