Let’s take a look at what has happened in New Boston real estate market by comparing June 1 2007- May 31 2008 & June 1 2008 –May 31 2009. In 2007/2008 a total of 59 homes sold in New Boston with an average sales price of $324,268. Homes were selling at a 4% discount from the last asking price on average. The marketing time to sell a home was 167 days. There were a total of 71 pending contract listings with an average listing price of $ 308,781. The number of homes actively on the market for sale was 127 with an average listing price of $ 366,732. During this time frame 6 Homes sold for under $200K; 25 sold between $200K – $300K; 23 sold between $300K – $500K and 5 homes sold for $500K+ in New Boston. [click to continue…]
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