The Palmer Group

Market Trends & Reports Category

Massachusetts home sellers being forced to drop their asking price

Click on link below to read full story: Massachusetts home sellers being forced to drop their asking price, in these towns most of all.         Continue Reading >

9 Ways To Save On Your Kitchen Remodel.

Houzz is one of our favorite resources for ideas and ways to save when remodeling your home.   Below are some great ideas from Houzz and helpful tips to save money on your next kitchen remodel. We would often incorporate ideas from this source into our own remodeling projects and would get rave reviews from our customers and people who saw our work. We are happy to consult with customers who have questions about remodeling their homes or buyers wondering about the underlying... Continue Reading >

Bidding Wars Return – Norfolk Street, Holliston MA – $384,000.

The Palmer Group As we entered the spring market things started to heat up in lower first time home buyer price ranges in most of the towns we cover, (Holliston, Medfield, Sherborn, Dover, Weston, Wellesley, Newton, Needham, Westwood, Natick, Wayland, Lincoln.)  Like many brokers we were starting to see Bidding Wars Return and 630 Norfolk Street in Holliston was a perfect example.  Although the house had been well maintained and some updating had been done it was on a main road with no garage.  With... Continue Reading >

Massachusetts Bidding Wars Are Back While Inventory Remains Low.

The Palmer Group   The entry level into most of the Massachusetts towns that we work and live in continues to be red hot.  There are many buyers out there trying to take advantage of the low rates while the inventory of available homes remains low.  Recently in Holliston we sold a house in the first weekend with over 30 qualified buyers attending the first open house.  We had several offers on the home that night and will be closing on it in the middle of June. Last... Continue Reading >

Weston, Massachusetts Real Estate Market At A Glance 2011.

Weston Real Estate Market at a Glance 2011     2011 2010 2006 2000 Weston Homes Total Sold 107 114 105 154 Weston Homes Lowest Price Sold  $400,000 $320,000 $440,000 $345,000 Weston Homes Highest Price Sold $15,600,000 $3,725,000 $8,200,000 $8,990,000 Weston Homes Average Sold Price $1,513,791 $1,314,860 $1,626,243 $1,223,890 Weston Homes Average Days on Market 145 182 146 95 Weston Homes Average Living Area Sq.Ft. 4156 3775 5062 3766 Weston Homes Diff between Sale & List 89% 92% 93% 93%             New Construction Total New Homes Sold 9 8 14 14 New Construction Lowest New Construction Sold $1,335,000 $810,000 $1,100,000 $700,000 New Construction Highest New Construction Sold $8,350,000 $3,637,000 $4,562,500 $3,800,000             Weston Condos Total Sold 15 9 12 1 Weston Condos Lowest Price Sold  $225,000 $430,000 $400,000 $723,000 Weston Condos Highest Price Sold $2,528,562 $3,100,013 $917,800 $723,000 Weston Condos Average Price Condo Sold $1,082,081 $1,257,504 $794,900 $723,000 Weston Condos Average Days on Market 215 177 81 24 Weston Condos Average Living Area Sq.Ft. 1960 2743 2349 2146 Weston Condos Diff between Sale & List 100% 98% 99% 104%             Commonwealth Estates Residential Brokerage     Continue Reading >