Longmeadow House for Sale by Owner- LongmeadowBiz.com

Shown below are a series of charts summarizing recent single family home sales in Longmeadow, Massachusetts.  These results include both MLS and FSBO transactions and are based upon public information obtained from the Hampden County Registrar of Deeds website.

The bargraph below shows that the number of Longmeadow home sales from January through June 2008 were significantly lower  vs. results for the corresponding periods in 2007 and 2006 (64 transactions in 2008 vs. 100  in 2007 vs. 94 in 2006).  These less than impressive results continue to reflect results for other regions of the United States.


Below is a chart showing the relationship between recent Longmeadow real estate Sales Prices  and Assessed Values (data obtained from Vision Appraisal website).


The chart below shows that the median sales price (6 month trailing average) for homes
sold during the February through -June 2008 period have stabilized at ~ $300,000
which is ~ 20% lower than peak values reached last September.


 

Here is a link to the data for 2006-2007-2008 Real Estate Transactions that were used to develop the above graphs.

Visit our Real Estate Buzz blog to read further discussion of these results.

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