The Pending Sales Report: Most of our "WIR" tracked communities had improved pending numbers last week and of them we're spotlighting the city of Waltham, MA , which experienced a healthy increase in pending activity (+11) vs the previous week!
We're also looking at this comparison of the Waltham market numbers in the same 6 month period in 2010 and 2011:
Jan - July 18, 2010 - total Waltham sale units: 288
Average sale prices: SF: $414,363, CC: $322,973, MF: $437,550
Jan - July 18, 2011 - total Waltham sale units: 239
Average sale prices: SF: $386,355, CC: $313,772, MF: 462,658
( Slight number of sales down from 2010 to 2011, but the average sales prices are not significally different, good news for Waltham home owners and perspective buyers.)
contact us for Waltham MA
neighborhood breakdowns and a more detailed analysis comparing YTD 2010 vs 2011 or if you're looking for specific sales numbers and market activity in another Boston/ Metro West community.
You can start here by looking at all the current listings on the market in Waltham: Avenue 3 Property Search Waltham, MA or here for the community of your choice: Avenue 3 Property Search
And here are the pending sale numbers for all the towns we track weekly:
total number of offers accepted for all property categories 07.10.11 - 07.17.11
For community resources, trending topics or to search for homes click on the town name ...
First # under agreement for this week, second # "WIR" last week....
What do the above numbers mean? If you are a regular viewer of "Week in Review" the Boston and Metro West under agreement numbers remain relatively consistent week to week...Boston jumps up/down by 10% - 25% week to week. One or two towns in Metro West will jump up/down by 3 - 10 properties week to week. This is all good news for the above towns and cities.
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Total Number of Accepted Offers For All Property Categories Source: MLSPIN
Most people are planning a day at the beach, a picnic with friends or a family gathering....but you're mapping out your tour of Open Houses. The timing for you to buy is now, but you're not happy about it. Well believe it or not, it's actually a better time to attend an Open House than you might think and here are five reasons why we feel certain about this:
1. Homes that are being opened in what some may consider not the best marketing season are owned by motivated sellers. These homes are priced competitively and are priced to sell.
2. More than likely there will be fewer attendees at open houses than in other seasons. This will enable you to see the property more clearly without the distraction of others' chatter. You can imagine your furniture placed in the living room, envision a different wall color in a bedroom and poke around more freely in the basement without tripping over anyone.
3. This is an opportunity to meet a Realtor, face to face (rather than a voice on the other end of a phone) and make your own assessment if this person is someone you could be comfortable working with. With fewer people asking questions and distracting the realtor you're in a great position to decide if this is a person you would like to work with and keep you up-to-date with listings in your price range.
4. If you're a summer person....it is perfect. When looking at property in colder seasons the windows are closed and usually the streets are pretty quiet. If you're dreaming of reading the Sunday paper on the balcony you looked out at in February and find in August the spot is noisy or way too hot in the afternoon sun, you may be very disappointed. Whether rooms are nice and bright in the afternoon or cool and dark based on the shade of the surrounding trees is important to know -- especially if you plan to enjoy the summer months in your home.
5. There are more than likely less properties to visit, so you can still have an opportunity to enjoy some part of the day!