Winter 2012 Market Update
If you can qualify, now is an exceptional time to buy a home in Westford. Low rates and more spring inventory makes a home purchase a great value! Call now for more information at Rich: 508-320-7653 or Deb: 978-618-7653

Average Home Price $500,000 - View Graph Trend
Average Price Compared to Last Year Up 5-10%
Average Time on Market 60-90 days
Best Selling Price Range$450,000 - $499,000
Worst Selling Price Range$800,000 - $849,000
Prices As % of Asking Price 90-95%
Existing Home Prices for the past 90 days are?Increasing
Market Trend Decreasing
Buyers’ or Sellers’ Market More buyers than sellers
Buyer Activity for the past 90 days in Westford isIncreasing
Seller Activity for the past 90 days in Westford is?Increasing
Multiple Offers?Yes
What Percentage of the Current Housing Inventory are Foreclosures and/or Short Sales?5-10%
Is Financing Available For Qualified Buyers?Yes
Housing Inventory Good supply - Some Prices
Greatest Activity Repeat Buyers
Reason to Buy/Sell Great location, schools with good housing selection and competitive interest rates creates a perfect time to buy in Westford!
Nearest Metro AreaBoston
Housing Hot SpotsMost cities East and around Westford area are considered ’Housing Hotspots’
Average Sold Price $500,000 - View Graph Trend

Westford Local News

Sluggish housing market in line for a better 2012, according to quarterly survey

The figures are still flat-lining, but there appears to be signs of life out there for a housing market that's dying for an upward tick of good news.

The up-and-down ride for real estate the past few years was seen again in the fourth quarter of 2011, according to a survey of HouseHunt real estate agents across the country. There are pockets of good news offset by bad, with home values and prices basically bumping along the bottom of the grid on a perceived never-ending rocky road.

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Mortgage Rates
– Feb 23rd, 2012 –
---------------------------------
 30 yr. fixed rate:     3.90%
 15 yr. fixed rate:     3.17%
  30 yr. jumbo rate:  4.68%
  15 yr. jumbo rate:  3.96%

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(NOTE: Because current market conditions can change rapidly in any given marketplace, please check with the exclusive HouseHunt, Inc., real estate agent for this territory before acting on this information.)
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