Dear Mr. & Mrs Miletti, email me firstname.lastname@example.org, or text/call me on 774-232-8943. We have an in-town office that will prepare and get your home sold quickly. I'll pop over and give you a free market value opinion at your convenience
Graham R. Morland
Exit Realty Partners
Shrewsbury, MA... more
Right now the market seems to be picking up everywhere depending on if a home is priced correctly and with the area it's in as well. The homes in the $250,000 or less range are definitely starting to move based on their price and condition - when I send out a list of homes for my buyers these days, it seems that 1/3 or more already have an accepted offer on them and are waiting for the signing of a P&S Agreement, etc. Because we have the first time home buyer credit time crunch going on now, homes seem to be selling quicker on the market. The market values of homes are still low, but seem to be stabilizing slightly in the past few quarters of the real estate market.
That being said, if you are looking to sell your home because you need to sell your home, then now is a good time since there are many buyers out on the market looking for a home due to the market conditions being favorable for buying - lower home prices and interest rates. But, if you don't need to sell your home, then I would suggest maybe holding off, unless you are okay with negotiating with buyers on the price of your home. A good market analysis will be able to help you determine an estimated value for the sale of your home in today's changing market. This analysis is a report done by a realtor that has comparable homes to yours that have both sold and/or are under agreement within the past 6 months of when you'd like to sell your home, which is information used by an appraiser to put a value on a home for a lender of a potential buyer. That way you can make an educated decision to put your home on the market in the best possible price range to get your home sold.
You need to be careful putting your home on the market and not overpricing it so you get no activity on the home, because the longer the house sits on the market, the more a buyer will wonder what is wrong with the home and why it hasn't sold yet.
As an example, in Shrewsbury right now there are 58 homes active on the market between $150,000 and $350,000 and 14 of those homes have an offer on them and/or are waiting for a bank approval for an acceptance of an offer. In the past 6 months, 73 homes have been sold or are currently under agreement to be sold. Marketing time averaged about 130 days and the average price of those homes sold was $270,000.
The spring is an excellent time to sell your home and is usually one of the busier times in the market to sell since the snow is gone and the warmer weather is first upon us. :o)
If you'd like any more information or would like a complimentary market analysis done on your home, I'll be happy to do one for you and email it to you for your convenience so you can see where your home might sell in the market today to determine where it might sell in the spring next year.
Prudential Prime Properties
I agree with Judy - these three towns are great communities in which to live and the question would vary depending on what you are looking to sell. Homes in the higher price ranges may not be selling as fast as the homes in the middle to lower price ranges due to the economy and real estate market trends. Plus, condos don't seem to be selling as fast as some homes in these towns either. But will this be the same in 5-10 years once you purchase something and need to re-sell it? No one could answer that question until the time comes to re-evaluate the value of your home with what else is on the market at that time. All three towns are great for commuting locations and their school systems, so would be a great match for any family looking for towns on these criteria alone.
Prudential Prime Properties