Monthly Archives: September 2014

55 Adin St, Hopedale – Signature Open House

We just had a very successful Signature Open House at 55 Adin Street, Hopedale where attendees were entertained by Harpist Judy Saiki. This property priced at $3,600,000 is a spectacular home that is over 14,000 square feet and has 17 bedrooms, several located in the staff wing, 10 full baths and 4 half baths, an inground swimming pool, gazebo, tennis court, and landscape design attributed to the notable landscape architect Warren Manning. A Grand English Country Manor Home classically designed and lovingly built in the 1920s by Massachusetts Governor Eben Draper and his team of master craftsmen, this home’s exquisite construction is without equal.

You can find more info at www.55Adin.com or if you’re on your smartphone mobile.55Adin.com

55 Adin St, Hopedale – Just Listed

Check out this home that we’ve just bought on the market this week. 55 Adin St, Hopedale – priced at $3,600,000 this spectacular home is over 14,000 square feet and has 17 bedrooms, several located in the staff wing, 10 full baths and 4 half baths, an inground swimming pool, gazebo, tennis court, and landscape design attributed to the notable landscape architect Warren Manning. A Grand English Country Manor Home classically designed and lovingly built in the 1920s by Massachusetts Governor Eben Draper and his team of master craftsmen, this home’s exquisite construction is without equal.

Open House Sun (Sept 28) 1:00pm-4:00pm. Come and join us for champagne, appetizers, and featuring the music of harpist Judy Saiki.

You can find more info at www.55Adin.com or if you’re on your smartphone mobile.55Adin.com

Andover Statistics – September 2014

The current months statistics for the Andover real estate market are shown below.

Inventory Levels

If an inventory level graph shows seasonal fluctuations then we know that the market is ‘healthy’ and showing normal activity. If seasonal fluctuations are not obvious then what we are seeing is an ‘unhealthy’ market where foreclosures and short sales have cluttered and hidden the normal trends of the market. Price trends can be learnt from inventory level data – in a ‘healthy’ market with demand greater than supply, prices tend to move up. In an ‘unhealthy’ market where supply far outstrips demand then the trend on prices is down. This follows the normal Supply and Demand market dynamics.

Absorption Rates

Absorption rates can be described as the number of months needed to sell the available inventory at the rate of sales experienced in the previous 12 months IF no additional properties were listing during that time.

So, given the ‘normal’ rate of sales that have occurred over the previous 12 months, and given the number of homes on the market currently, how many months it would take to sell everything that is currently available is known as the absorption rate. We generally say that anything below 7 months supply is ‘healthy’. The absorption rate can be a general rate for a town, for instance, for all single family homes in that town, or it can be more specific and related to price ranges.

Sold/Original Price Ratios

By reviewing the sold to original list price ratio you can get a very good understanding of the health of the real estate market in a town, and the cyclical nature of sales in the town. The number of homes sold, along with the average percentage of the original list price to sales price data, gives you a snapshot over the last 12 months of important data related to the real estate market in a town. It is important to note that the reported data is approximately 6-8 weeks behind the actual event of the home going under agreement.

Historic Homes Prices

The blue bars represent the average price in the year referenced, the green bars reflect the average home price for each month of the current year. When reviewing this data it is important to note the impact that the First Time Home Buyers Tax Credit had on the data for 2009 and 2010. In towns where the average home price is significantly more than the approximate home price of a first time home buyer then the impact is quite marked due to the increase in First Time Home Buyer activity, whereas in towns where the average home sale price is close to that of the approximate price of a home for a First time Home Buyer we don’t see too much of an impact that the increase in home sales due to First Time Home Buyers has had to the overall average for the town.

Homes Sales

A wealth of information about Andover as well as over 40 other towns (and a lot more information on buying/selling) can be found on our website http://www.mapropertiesonline.com (or if you’re on your smartphone – mobile.mapropertiesonline.com) and if you have any questions do not hesitate to contact us.

1806 Trapelo Rd, Waltham – Sold in the First Weekend


Last weekend we put 1806 Trapelo Rd, Waltham on the market. The home has been recently refurbished and priced at $430,000 for 3 bedrooms, 1.5 bathrooms, and is located on the Lincoln Line in Waltham; we expected lots of interest! Offers were reviewed on Monday and the property went under agreement. The price was over the asking price of $430,000. It seems that the high demand for homes in the adjacent towns of Lexington and Arlington is now being seen in Waltham. The high demand is (of course) driving up prices as buyers compete for homes.

A wealth of information about Waltham as well as over 40 other towns (and a lot more information on buying/selling) can be found on our website www.mapropertiesonline.com (or if you’re on your smartphone – mobile.mapropertiesonline.com) and if you have any questions do not hesitate to contact us.

1806 Trapelo Rd, Waltham – Just Listed

Check out this home that we’ve just bought on the market this week. 1806 Trapelo Rd, Waltham – priced at $430,000 this 3 bedroom, 1.5 bathrooms home is located in Waltham on the Lincoln line and close to shopping and transportation, this house is your escape from the world as you create the home of your dreams, and make your own memories in this much loved home.

Open House Sat/Sun (Sept 20/21) 1:00pm-3:00pm.

You can find more info at www.1806trapelo.com or if you’re on your smartphone mobile.1806trapelo.com

Belmont Statistics – September 2014

The current months statistics for the Belmont real estate market are shown below.

Inventory Levels

If an inventory level graph shows seasonal fluctuations then we know that the market is ‘healthy’ and showing normal activity. If seasonal fluctuations are not obvious then what we are seeing is an ‘unhealthy’ market where foreclosures and short sales have cluttered and hidden the normal trends of the market. Price trends can be learnt from inventory level data – in a ‘healthy’ market with demand greater than supply, prices tend to move up. In an ‘unhealthy’ market where supply far outstrips demand then the trend on prices is down. This follows the normal Supply and Demand market dynamics.

Absorption Rates

Absorption rates can be described as the number of months needed to sell the available inventory at the rate of sales experienced in the previous 12 months IF no additional properties were listing during that time.

So, given the ‘normal’ rate of sales that have occurred over the previous 12 months, and given the number of homes on the market currently, how many months it would take to sell everything that is currently available is known as the absorption rate. We generally say that anything below 7 months supply is ‘healthy’. The absorption rate can be a general rate for a town, for instance, for all single family homes in that town, or it can be more specific and related to price ranges.

Sold/Original Price Ratios

By reviewing the sold to original list price ratio you can get a very good understanding of the health of the real estate market in a town, and the cyclical nature of sales in the town. The number of homes sold, along with the average percentage of the original list price to sales price data, gives you a snapshot over the last 12 months of important data related to the real estate market in a town. It is important to note that the reported data is approximately 6-8 weeks behind the actual event of the home going under agreement.

Historic Homes Prices

The blue bars represent the average price in the year referenced, the green bars reflect the average home price for each month of the current year. When reviewing this data it is important to note the impact that the First Time Home Buyers Tax Credit had on the data for 2009 and 2010. In towns where the average home price is significantly more than the approximate home price of a first time home buyer then the impact is quite marked due to the increase in First Time Home Buyer activity, whereas in towns where the average home sale price is close to that of the approximate price of a home for a First time Home Buyer we don’t see too much of an impact that the increase in home sales due to First Time Home Buyers has had to the overall average for the town.

Homes Sales

A wealth of information about Belmont as well as over 40 other towns (and a lot more information on buying/selling) can be found on our website http://www.mapropertiesonline.com (or if you’re on your smartphone – mobile.mapropertiesonline.com) and if you have any questions do not hesitate to contact us.

Westford Statistics – September 2014

The current months statistics for the Westford real estate market are shown below.

Inventory Levels

If an inventory level graph shows seasonal fluctuations then we know that the market is ‘healthy’ and showing normal activity. If seasonal fluctuations are not obvious then what we are seeing is an ‘unhealthy’ market where foreclosures and short sales have cluttered and hidden the normal trends of the market. Price trends can be learnt from inventory level data – in a ‘healthy’ market with demand greater than supply, prices tend to move up. In an ‘unhealthy’ market where supply far outstrips demand then the trend on prices is down. This follows the normal Supply and Demand market dynamics.

Absorption Rates

Absorption rates can be described as the number of months needed to sell the available inventory at the rate of sales experienced in the previous 12 months IF no additional properties were listing during that time.

So, given the ‘normal’ rate of sales that have occurred over the previous 12 months, and given the number of homes on the market currently, how many months it would take to sell everything that is currently available is known as the absorption rate. We generally say that anything below 7 months supply is ‘healthy’. The absorption rate can be a general rate for a town, for instance, for all single family homes in that town, or it can be more specific and related to price ranges.

Sold/Original Price Ratios

By reviewing the sold to original list price ratio you can get a very good understanding of the health of the real estate market in a town, and the cyclical nature of sales in the town. The number of homes sold, along with the average percentage of the original list price to sales price data, gives you a snapshot over the last 12 months of important data related to the real estate market in a town. It is important to note that the reported data is approximately 6-8 weeks behind the actual event of the home going under agreement.

Historic Homes Prices

The blue bars represent the average price in the year referenced, the green bars reflect the average home price for each month of the current year. When reviewing this data it is important to note the impact that the First Time Home Buyers Tax Credit had on the data for 2009 and 2010. In towns where the average home price is significantly more than the approximate home price of a first time home buyer then the impact is quite marked due to the increase in First Time Home Buyer activity, whereas in towns where the average home sale price is close to that of the approximate price of a home for a First time Home Buyer we don’t see too much of an impact that the increase in home sales due to First Time Home Buyers has had to the overall average for the town.

Homes Sales

A wealth of information about Westford as well as over 40 other towns (and a lot more information on buying/selling) can be found on our website http://www.mapropertiesonline.com (or if you’re on your smartphone – mobile.mapropertiesonline.com) and if you have any questions do not hesitate to contact us.

Winchester Statistics – September 2014

The current months statistics for the Winchester real estate market are shown below.

Inventory Levels

If an inventory level graph shows seasonal fluctuations then we know that the market is ‘healthy’ and showing normal activity. If seasonal fluctuations are not obvious then what we are seeing is an ‘unhealthy’ market where foreclosures and short sales have cluttered and hidden the normal trends of the market. Price trends can be learnt from inventory level data – in a ‘healthy’ market with demand greater than supply, prices tend to move up. In an ‘unhealthy’ market where supply far outstrips demand then the trend on prices is down. This follows the normal Supply and Demand market dynamics.

Absorption Rates

Absorption rates can be described as the number of months needed to sell the available inventory at the rate of sales experienced in the previous 12 months IF no additional properties were listing during that time.

So, given the ‘normal’ rate of sales that have occurred over the previous 12 months, and given the number of homes on the market currently, how many months it would take to sell everything that is currently available is known as the absorption rate. We generally say that anything below 7 months supply is ‘healthy’. The absorption rate can be a general rate for a town, for instance, for all single family homes in that town, or it can be more specific and related to price ranges.

Sold/Original Price Ratios

By reviewing the sold to original list price ratio you can get a very good understanding of the health of the real estate market in a town, and the cyclical nature of sales in the town. The number of homes sold, along with the average percentage of the original list price to sales price data, gives you a snapshot over the last 12 months of important data related to the real estate market in a town. It is important to note that the reported data is approximately 6-8 weeks behind the actual event of the home going under agreement.

Historic Homes Prices

The blue bars represent the average price in the year referenced, the green bars reflect the average home price for each month of the current year. When reviewing this data it is important to note the impact that the First Time Home Buyers Tax Credit had on the data for 2009 and 2010. In towns where the average home price is significantly more than the approximate home price of a first time home buyer then the impact is quite marked due to the increase in First Time Home Buyer activity, whereas in towns where the average home sale price is close to that of the approximate price of a home for a First time Home Buyer we don’t see too much of an impact that the increase in home sales due to First Time Home Buyers has had to the overall average for the town.

Homes Sales

A wealth of information about Winchester as well as over 40 other towns (and a lot more information on buying/selling) can be found on our website http://www.mapropertiesonline.com (or if you’re on your smartphone – mobile.mapropertiesonline.com) and if you have any questions do not hesitate to contact us.

34 Beech St, Chelmsford – Sold in the First Weekend


Last weekend we put 34 Beech St, Chelmsford on the market. The home is immaculate throughout and priced at $324,000 for 3 bedrooms, 2 bathrooms, and is located in a wonderful community that is close to all the major transportation routes; we expected lots of interest! Offers were reviewed on Monday and the property went under agreement. The price was over the asking price of $324,000. It seems that the high demand for homes in Chelmsford that we saw in 2013 is continuing into 2014. The high demand is (of course) driving up prices as buyers compete for homes.

A wealth of information about Chelmsford as well as over 40 other towns (and a lot more information on buying/selling) can be found on our website www.mapropertiesonline.com (or if you’re on your smartphone – mobile.mapropertiesonline.com) and if you have any questions do not hesitate to contact us.

Arlington Statistics – September 2014

The current months statistics for the Arlington real estate market are shown below.

Inventory Levels

If an inventory level graph shows seasonal fluctuations then we know that the market is ‘healthy’ and showing normal activity. If seasonal fluctuations are not obvious then what we are seeing is an ‘unhealthy’ market where foreclosures and short sales have cluttered and hidden the normal trends of the market. Price trends can be learnt from inventory level data – in a ‘healthy’ market with demand greater than supply, prices tend to move up. In an ‘unhealthy’ market where supply far outstrips demand then the trend on prices is down. This follows the normal Supply and Demand market dynamics.

Absorption Rates

Absorption rates can be described as the number of months needed to sell the available inventory at the rate of sales experienced in the previous 12 months IF no additional properties were listing during that time.

So, given the ‘normal’ rate of sales that have occurred over the previous 12 months, and given the number of homes on the market currently, how many months it would take to sell everything that is currently available is known as the absorption rate. We generally say that anything below 7 months supply is ‘healthy’. The absorption rate can be a general rate for a town, for instance, for all single family homes in that town, or it can be more specific and related to price ranges.

Sold/Original Price Ratios

By reviewing the sold to original list price ratio you can get a very good understanding of the health of the real estate market in a town, and the cyclical nature of sales in the town. The number of homes sold, along with the average percentage of the original list price to sales price data, gives you a snapshot over the last 12 months of important data related to the real estate market in a town. It is important to note that the reported data is approximately 6-8 weeks behind the actual event of the home going under agreement.

Historic Homes Prices

The blue bars represent the average price in the year referenced, the green bars reflect the average home price for each month of the current year. When reviewing this data it is important to note the impact that the First Time Home Buyers Tax Credit had on the data for 2009 and 2010. In towns where the average home price is significantly more than the approximate home price of a first time home buyer then the impact is quite marked due to the increase in First Time Home Buyer activity, whereas in towns where the average home sale price is close to that of the approximate price of a home for a First time Home Buyer we don’t see too much of an impact that the increase in home sales due to First Time Home Buyers has had to the overall average for the town.

Homes Sales

A wealth of information about Arlington as well as over 40 other towns (and a lot more information on buying/selling) can be found on our website http://www.mapropertiesonline.com (or if you’re on your smartphone – mobile.mapropertiesonline.com) and if you have any questions do not hesitate to contact us.