November’s real estate market brought a continued increase in market value with low inventory driving the prices.
In November, Acton’s real estate market increased 19 percent over the same month last year, and year to date home prices are also up by 19 percent over the average sale price for 2020 making this year’s year to date average sale price $855,076.
Here are Acton specific statistics to consider for the period of November, 1 – November, 30, 2021;
9 homes sold firm at an average of 113 percent of asking price. It took an average of 6 days on the market to sell firm.
Average sale price in Acton - $846,389
Lowest sale price - $656,000
Highest sale price - $1,110,000
Contrasting with November 2020;
9 homes sold firm at an average of 103 percent of asking price
It took an average of 9 days on the market to sell firm
Average sale price in Acton - $711,890
Lowest sale price - $465,000
Highest sale price - $875,000
Going into the Holiday Season, I feel a little more of a ‘typical’ seasonal slow down is upon us as some Buyers & Sellers are indicating that they would like to wait until January and into the Spring to make their moves.
I hope this Christmas you find yourself enjoying the chance to gather with your family, reflect on where we were a year ago and appreciate some well deserved downtime.
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