Looking to BUY or SELL Your Home? It would be our pleasure to help you!
Bill Cazaropoul 508.735.1866 BillCaz@CollinsDemacRE.com
530 Main St., Shrewsbury, MA 01545
www.CollinsDemacRE.com
Are you looking to sell your home? Rich Allen, REALTOR® If so, contact me for a personal consult to Licensed in Massachusetts, Connecticut and Rhode Island
discuss your home value, staging ideas and the best strategies for you!
508-686-0940 richallen@erakey.com
To maximize your home value visit: www.realinsyghts.com/downloads
to get your free Home Staging Guide
Northborough-area 2021 real estate trends, so far
W
E’VE ALL HEARD ABOUT HOW THE CORONAVIRUS PANDEMIC has affected the national housing market, but what’s happening in the real estate market closer to Northborough?
John Kreiss
Real Estate Agent
The Massachusetts Association of REALTORS compiles home sales data across the state, giving us a good understanding of how the local market compares to trends observed nationally. Here are the most interesting Northborough home selling trends so far this year
WORCESTER COUNTY HOME AND CONDO PRICES ARE SURGING The median sales price of a Worcester County home in June 2021 was $405,000, up 23.3% from the same time last year. Year to date, the median sales price is $375,000, compared to $316,050 in 2020. Condo prices are also on the rise, though not as much. The median sales price for a condo in June was $285,500, so far this year versus $273,000 last year. Compared to the rest of the state, Worcester County remains affordable, with home prices statewide hovering around $578,500 - that’s an all-time high. WORCESTER COUNTY SELLERS ARE GETTING BETTER-THAN-EXPECTED OFFERS It’s a good time to be selling homes in Worcester County. Single-family properties in June sold for 105.9% of the original list price, up 6.6% from last year. So far in 2021, homes have sold for 103.7% of the original list price. Worcester County condos are also netting a bit more than their original asking prices as well. HOUSING INVENTORY IS PLUMMETING ACROSS THE AREA There were only 619 single-family homes and 134 condos for sale in all of Worcester County in June, both down about 50% from the same month last year. That means housing inventory will only last 0.9 months under the current market conditions. John Kreiss is a real estate agent who has lived in Northborough for more than 25 years. He helps home buyers, sellers, and investors achieve their residential real estate goals.
(508) 826-6920 • JOHNKREISS.COM EMAIL: JOHN@JOHNKREISS.COM BLOGJOHNKREISS.COM 193 BOSTON TURNPIKE • #3140 SHREWSBURY
Committed to helping you sell or buy your home with the highest level of expertise in your local market. WESTBOROUGH JUST LISTED
MARY G. WOOD
MILLBURY COMING SOON!
Boston Magazine Top Real Estate Producer 2020/2021 Real Trends America’s Best Real Estate Professional Remax Executive Realty #1 Agent 2020/2021
Call for your complimentary Market Analysis Today
508-958-0225
mar yg woodrealtor@gmail.com | www.callmar ywood.com
Westborough Office Space
24 Lyman Street
OFFICE SPACE 2462 Usable Sq. Ft.
Conference room, kitchen, 5 offices, reception area, storage
CONVENIENT TO ROUTES 9, 495 AND THE MASS PIKE Office tenants may select from a variety of floor plans and rental options in and adjacent to the Westborough Shopping Center.
MEDICAL OFFICE 6,000 +/- Sq. Ft. - Will subdivide
Fully Built Out
FITNESS/ HEALTH SPACE 2870 Usable Sq. Ft.
33 Lyman Street - Single Offices Available.
For leasing information call Dona Colangelo, RPA
Progressive Realty Consultants 508.366.4163 • westboroughshoppingcenter.com
HomeGoods
Marshalls
Westborough Shopping Center
Drive by traffic of 90,000 cars per day!
CONVENIENT TO ROUTES 9, 495 AND THE MASS PIKE Office tenants may select from a variety of floor plans and rental options in and adjacent to the Westborough Shopping Center.
Stop & Shop
Subway
Staples
Three Gorges & Mayuri Mandarin
NOW LEASING
Mexicali Cantina Grill
MIXED USE OFFICE
1,695 - 13,383 SF available
Tatnuck Bookseller & Café
For leasing information call Dona Colangelo, RPA
Progressive Realty Consultants Julio’s Liquors
Single offices short or long term
508.366.4163 • westboroughshoppingcenter.com