Wednesday, October 14, 2009

Very interesting statistics regarding Framingham’s residential homes value this year, based on MLS data: While values are still lagging behind last year’s, there is an obvious increase in the average sale price. Just follow below:

End of 1st quarter: $303,989

End of 2nd quarter: $316,856

End of 3rd quarter: $323,457

These figures indicate an increase of 6.5% in the average sale price since the beginning of the year. This is great news, at, it is clear that the slump has stopped and the local real estate market recovery has begun!

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