But based on the MLS for middleboro homes built after 2011
Single Family Active Listings: 14 Avg. Liv.Area SqFt: 2,142.71 Avg. List$: $402,079 Avg. List$/SqFt: $190 Avg. DOM: 244.57
Single Family Under Agreement Listings: 3 Avg. Liv.Area SqFt: 1,856.00 Avg. List$: $355,900 Avg. List$/SqFt: $197 Avg. DOM: 42.00
Single Family Sold Listings: 8 Avg. Liv.Area SqFt: 1,864.25 Avg. List$: $312,925 Avg. List$/SqFt: $170 Avg. DOM: 265.25 Avg. Sale$: $311,306 Avg. Sale$/SqFt: $170
Unheard of just a few years ago, but the key to new construction pricing is the price of the lot. You should know what a new home would sell for and then your finished lot cost should not exceed 30% of that final sale price.
We sold these 3 lots to these builders, and they bought them at the right price so they could offer these value-priced colonials.
Hope that helps. Call us anytime. Linda Vintro Uptown Realtors 508-947-9410
New homes that are marketed with out a foundation or just the foundation can take much longer to sell than one that may be near completion. if it is near completion buyer's can make decisions based on what they see then trying to determine what they are purchasing just by plans, a foundation or just framed walls. Also, the price point of the new home can really determine how fast it moves. If the home is in the upper end for homes in that community it can take longer than new homes that are priced right around the median price for that community.
Recently there have been new homes sold in 30 days and others that have taken almost 500 days.
If I can be of anymore assistance please feel free to give me a call at 774-766-8439.