Tri-County, MA Real Estate Blog

Welcome to Charles River Farms in Franklin, MA!  Named the 10th Best Place to Live and Launch in 2008 by CNN Money!

This well established neighborhood is made up of traditional New England Colonials and is located in the Oak Street School District.

Currently there are two homes under agreement and two on the market with one home sold in the past 6 months for $560,000. 

Charles River Farms is a highly sought after neighborhood.

Most homes have 4 or more bedrooms and feature well planned out interiors.  It's a neighborhood filled to the brim with pride of ownership.  Scenic lots with mature trees average about an acre.   There's curb appeal galore!

Winding streets complete with sidewalks make it a walker's (or runner's) paradise!

  With a 3 mile drive to Route 495 and a 2 minute Drive to the Forge Park Commuter Rail Station.  Charles River Farms in Franklin, MA is a neighborhood that defines the term commuter's dream!

View Charles River Farms in a larger map

Call me today to make an appointment to see one of the stunning homes for sale in Charles River Farms!

Here is your 2009 Millville, MA Real Estate Market Report for single family homes.

There were 22 single family homes sold in Millville, MA in 2009 with an average sold price of $223,359 against an average list price of $236,498.  Houses sold within 94% of their list price in an average of 157 days.

Compare this to 2008.  There were 32 single family homes sold in Millville, MA in 2008 with an average sold price of $299,670 against an average list price of $306,081.  Houses sold within 98% of their list price in an average of 172 days.

What do these numbers mean?  The market in Millville, MA was significantly slower in 2009 than in 2008.  I'm hoping this indicates that the market in town reached bottom this year and will begin to turn around in 2010.  There is quite a bit of new construction happening in town right now.  You can get a bigger house for your money and with easy access to Routes 146 and 495 and a solid school system this is a town to watch in the future

Here is your Blackstone MA Real Estate Market Report for 2009!

There were 58 single family homes sold in Blackstone MA with an average sold price of $240,888.  The average list price was $251,914 and homes were on the market for an average of 151 days.  Homes sold for an average of 95% of their list price.

Compare this with 2008 when there were 44 homes sold in Blackstone MA with an average sold price of $261,538.  The average list price was $269,851 and homes were on the market for an average of 161 days.  Single family homes sold for an average of 97% of their list price in 2008.

The Blackstone market is a prime spot for buyers looking for bigger bang for their buck!

Here is your Bellingham MA market report on single family homes for 2009!

There were 131 single family homes sold in 2009 with an average sold price of $275,097.  The average list price was $282,193.  This means that on average homes in 2009 in Bellingham MA sold for 97% of their list price!  The average time on market was 124 days.

Compare this to 2008 where there were 130 single family homes sold with an average sold price of $295,397.  The average list price was $308,405.   The average home in 2008 in Bellingham MA sold for 95% of their list price in an average of 131 days.

What does this data mean for Bellingham MA homeowners?  It's a sure sign that the market in our town has stabilized this year! 

Single family homes are selling closer to their list price and with less time on the market!

"Goal for 2010: Upgrade living quarters. I know I say it every year, but this year it's gonna happen!"  This was posted by a friend of mine on Facebook. She and her husband having been renting in the same multi family for 9 years.  With the most beautiful little addition starting to crawl around their 1 bedroom it's time for more space.

We all set goals for ourselves in the new year.  If upgrading your current digs is your new years resolution check out http://www.eringolding.listingbook.com/ and search all Massachusetts homes for sale!

How's this for an upgrade?

Do you need to sell your current residence in the Bellingham, MA area?  Call me for a complementary market analysis to see what your house could sell for in today's market.  Also let me show you my marketing strategies to get your home sold fast!

Let upgrading to new digs be a resolution that will stick in 2010!

With 2009 coming to an end and the dawn of 2010 on the horizon we stop and reflect on what was and take out our crystal balls in an attempt to predict what will be.

As members of the real estate community we're constantly asked for our opinion on the market and where it's going.  I was asked by my dental hygienist just last night as she was prodding my gums with her medieval torture device.

My response to her?  I don't know. 

You see it's not that I haven't read all of the economic forecasts, various blog posts from industry insiders, discussed the topic around the water cooler at the office; I have.  It's just that when you ask 10 different people their predictions you get 10 different anwers.

I mean just look at 9/11.  Here we were just plugging along.  Things were going great and bam!  Something happened we never predicted.  Sure some did, but we weren't aware of that.  It was a huge shock to our systems, our confidence, our security, and our market.

So I'm taking this to the extreme.  But think about it.  We can predict and forecast all we want.  We can look at trends and review history.  But we can only say what MIGHT happen.

When I do a CMA for a Bellingham, MA area seller I'm not telling them what their home WILL sell for.  I'm telling them what other homes comparable to theirs HAVE sold for and what theirs MIGHT sell for.

In the same breath I cannot tell a buyer what price the seller WILL accept.  I can only tell them what other homes comparable to this one HAVE sold for and what price the seller MIGHT accept.

It's not a prediction it's an educated guess!

The one thing that always remains a constant is that there will always be a market.  Good or Bad.  Bull or Bear.  Home prices will go up and down.  You'll have equity or you won't. And people will always need a place to live. 

So just sit back and enjoy what you have now.

Merry Christmas and Happy New Year!

Thanks to Clint Miller for the inspiration on this!

Got your own predictions on the Massachusetts housing economy?  I'd love to hear them!

My buyers and I could write a novel at this point.  Since no one will read a novel in a blog post here's the basic outline:

Do (not) call the listing agent before you show the house.  You (don't) need to know if it's actually still active and on the market.  The listing agent may have a lot of properties but they do (not) always update MLS.  They do (not) always answer the phone but just in case you get their voice mail they do (not) return your call in a timely manner.

Do (not) make an offer below the list price.  The banks are (not) really desperate to sell.  They are (not) looking for full price offers.  They are (not) looking for a good amount down.  They are (not) looking for a quick closing.

Do (not) ask the listing agent when they do (not) call you back if there are multiple offers.  You do (not) need to know as it is (not) necessary to base your offer on this information.

Do (not) make your highest and best offer.  If there are other offers they are (not) most likely at list price or higher.  If you are serious about the house do (not) come out with guns blazing.

Do (not) wait if a bank owned property that is off the market comes back on.  Obviously they do (not) have interested buyers who are waiting for this to happen who will (not) jump at the chance to submit or resubmit an offer.

Hope this helps!  If you have any other tips on how (not) to buy a bank owned home.  Please feel free to (not) add them here!

If you are looking to buy a bank owned home in MA, DO give me a call.  Man, DO I have the experience!

Blackstone MA Market Report of Single Family Homes for 11/14/2009-11/20/2009.

There are 22 single family homes on the market in Blackstone MA with an average list price of $270,007 and with an average of 107 days on the market.

There is one NEW home on the market this week

• 4 Williams St is a 3 bedroom 1 1/2 bath cape for $219,000

There is one SOLD home this week

• 22 Clyde St a 3 bedroom 1 1/5 bath colonial with a list price of $224,900 sold for $225,000 with 518 days on the market.

For more information on the real estate market in Blackstone, MA and surrounding towns subscribe to this blog at www.egoldre.com, email me at eringolding@realtyexecutives.com, or visit my website at www.eringolding.com!

  Millville MA Market Report of single family homes, multi-family homes, and condominiums for 11/14/09-11/20/09

Single Families:

• There are 18 single family homes on the market in Millville MA with an average list price of $341,164 with an average of 164 days on the market
• There were no new homes listed this week.
• There were no homes sold this week.

Multi-families:

• There are 3 multi-family homes on the market in Millville MA with an average list price of $186,567 with an average of 628 days on the market
• There were no new homes listed this week
• there were no homes sold this week

Condominiums:

• There are 5 condominiums on the market in Millville MA with an average list price of $126,920 with an average of 176 days on the market
• There is 1 new listing this week.  157 Thayer St Unit B a 2 bedroom 1 1/2 bath townhouse for $169,900
• There were no condominiums sold this week in Millvill MA

For more information about residential properties in Millville, MA and surrounding towns please subscribe to this blog at www.egoldre.com, email me at eringolding@realtyexecutives.com, or visit my website at www.eringolding.com!

Bellingham MA Real Estate Market Report 11/14/09-11/20/09

There are a total of 56 single family homes on the market in Bellingham with an average list price of $364,305 and an average of 213 days on the market.

Three NEW single family homes hit the market this week:

• 31R Elm St a 3 bedroom 2 bath ranch for $279,900
• 96 Maple St a 2 bedroom 2 bath ranch for $325,000
• 106 Mendon St a 4 bedroom 3.5 bath ranch for $649,900

Two single family homes SOLD this week

• 268 Shirley Dr a 3 bedroom 1 bath ranch listed for $199,900 and sold for $205,000
• 750 S Main St a 3 bedroom 1 bath multi-level listed for $200,000 and sold for $197,000

To learn more about the real estate market in Bellingham MA and surrounding towns feel free to subscribe to this blog, email me at eringolding@realtyexecutives.com, or check out my website at www.eringolding.com!