Milton Real Estate Market Update for the Month of November 2007
Courtesy of Michael C. Mahoney | The NorthCompass Group | Guiding You Home
& www.02186.com
For the month of November 2007 in Milton, there were a total of 12 sales.
Of interest, 5 of the sales were between $350,000 and $399,000.
There were no sales over 1 million. The highest sale was $885,000.
The average market time for the units which sold was 77 days. The properties
sold off @ 94% of their original list price and 97% of their adjusted price.
During the month of November 21 propeties came onto the market. Several of these properties were
just relisted with other agents. The total dollar volume that came on the market was about $14 million.
There were 35 price adjustments on properties. The average price reduction was $12,251.56
7 properties went under agreement. This was just over about $3 million in inventory.
There are currently 145 properties on the market. If you look at the last 3 months of activity, 19 properties went under
agreement. This means that there is 4.75 single sales per month in Milton. Using this calculation, there are almost 31 months
of available inventory.
If you would like to obtain the value of your Milton property,
please log onto www.YourEquityFinder.comSee all the properties on
the market in Milton, Massachusetts by clicking here
Monitor your property value by joining the Milton Equity Monitor
