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Waltham Massachusetts Market Activity Report - Year To Date (10.31.09)

Waltham MA Residential Market Report - Year to Date (10/31/2009)

Market Snapshot

Single Family Homes - As of October 31, 2009, there were 45 homes on the market in Waltham, MA, with an average list price of $506,261 and an average days on market of 100.  For sales pending, there were 23 homes under contract with an average list price of $443,300 and an average DOM of 107. There were 186 homes sold in Waltham YTD with an average sales price of $411,364 and an average DOM of 79. The selling range was a low of $175,000 and a high of $1,052,000.  Prices are stabilizing with a decrease in volume of transactions even with the increase in Waltham MA foreclosures.

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Condominiums - There were 84 condos on the market in Waltham, MA, as of October 31, 2009, with an average list price of $331,875 and an average days on market of 92.  There were 19 condos under contract with an average list price of $325,879 and an average DOM of 70. 219 condos sold YTD in Waltham with an average sales price of $311,907 and an average DOM of 90. The selling range was a low of $125,000 and a high of $590,000.  Values continue to drop reflecting the activity by the first-time home buyer in the entry level.  The $8000 tax credit, affordability and low interest rates have contributed to the number of units sold.

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Virtual Homes Real Estate provides search tools to asist you in learning about the community, listing and market conditions. Click on the following links for your choice of services.

Waltham MA Real Estate Search Tools - Direct access to the MLS, home search services, foreclosures and MLS map search.

Waltham MA Real Estate - Community, relocation and school information with town demographics.

Waltham MA Foreclosures - Obtain a list of foreclosed and bank owned real estate and short sales

Waltham MA MLS Search - View all listings in the statewide MLS.

Waltham MA Homes for Sale - Map Search - Search by location, neighborhood and commuting.

This report is based on activity reported from the MLSPin MLS system and is not guaranteed to be accurate. It does not represent all of the listings that have sold during the specified time frame.

Comment balloon 0 commentsFred Doleac • November 24 2009 05:58PM

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