Framingham Online News

April 2011 Residential Real Estate Sales

Filed under: Business by News Staff at 6:24 pm on May 2, 2011

FRAMINGHAM, MA - A total of 42 residential properties were sold in the town of Framingham, MA during the month of April, (2011).

Thirty one single family homes, nine condos, and two multi-family homes were sold in town during the month.

Of the single family homes sold, the average list price was $367k and the realized selling prices averaged slightly less at $355k.  The homes had an average time on the market of approximately 4-1/2 months, (132 days).

The two multi-family homes which sold both had 14-rooms divided among 3-units, and were both located in the Waushakum Pond area and closed only days apart.  The first,  at 16 Eames Street had been on the market for nearly a year and a half, (511 days), and was listed at $449k and sold for $360k.  A similar 3-unit, 14-room multifamily at 83-85 Winthrop Street was only only the market for (44) days, listed at $399k and sold for $370k.

Nine condominiums were sold in Framingham during the month of April. The average list price for condos was $125k, and the average selling price was slightly lower at $122k.  At the extreme ends of the condo sales, a 2-room, 1-bedroom, 1-bath unit on Beaver St sold for $37k, while a 5-room, 2-bedroom, 2-bath unit at 1500 Worcester Road sold for $205k demonstrating the wide range of properties available in the Framingham condo market.

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