Roslindale Massachusetts Single Family Market
Posted in Roslindale with tags Homes, Massachusetts, Roslindale, Single Family on March 15, 2008 by mmahoneybostonThere are currently 44 single family homes on the market in Roslindale as of this writing.
There have been 17 sales in the last 3 months (looking back from today). Essentially, there are 6 sales per month. It would take approximately 7 months to absorb all 44 units on the market.
It could take in excess of 2 months to put a property under agreement. The average time on the market for the 17 sold units was 104 days on the market.
I also looked @ the sales price to list price ratios on single family sales in Roslindale. They are coming in @ 92% of their original list price. They are coming in @ 96% of their adjusted list price. This means that we should be looking at selling about $12,000 off of the list price. Obviously we would like to come in much higher than this, however the data has shown that the properties are coming in at 4% off their list price for the past 3 months.
As far as price reductions, 23 of the 44 single family homes on the market have had their prices changed. The prices have been adjusted 38 times. The average price reduction was $28,312.61
In 2005, I worked with the #3 residential developers in Boston to market a 126 condo complex from the ground up. I developed the marketing plan, implemented the execution, and performed 42 of the actual sales.
I welcome the opportunity to serve you. Please contact me with any questions you may have about selling or buying a home in Roslindale, MA.
See our Roslindale web site @ www.livein02131.com
TO SEE EVERYTHING ON THE MARKET IN ROSLINDALE PLEASE CLICK HERE
Sincerely,
Michael C. Mahoney
617-648-3983
The NorthCompass Group | Guiding You Home






