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Rutland Area Real Estate Market Review

Rutland Area Real Estate Market Review

How does this year compare to how the market was last year at this time?

—–> 2017 YTD vs. 2016 January 1st to October 25th <—–

So far 74 homes have closed this year which is 2 more homes that sold for the same time period last year!  With almost 30 properties still pending and over two months left in the year, the Rutland area is showing signs of having a great year and that more and more people are moving to the town.

New construction homes seem to be picking up in town as the lack of inventory still hasn’t caught up to the buyers demand.

Related Article: When Considering a New Construction Home; Should you use a Realtor®?

Although people are buying, those houses that are currently on the market have been for about 114 days on average which is just a slight improvement over last year.  There are a lot of factors that come into play with this number; is the home distressed?  Does it not show very well?  Is it being marketed correctly? And the biggest one – Is it priced right?

Related Article: How to sell your home in 10 days

 

The homes that have sold, however, were on the market an amazing 50% less days on market than those that sold last year!!  The average sales price has increased by almost 4% bringing the average price up to $313,891 vs $302,150 at this time last year.

rutland

Overall the Rutland Market appears to be doing well.

Download the full report below to see all the current stats.
Rutland Real Estate Market 2016 vs 2017 – Jan to Oct 25th

 

Thinking about selling your home in Rutland?  See what your home could be worth using our free quick home valuation.

FIND OUT WHAT YOUR RUTLAND HOME IS WORTH – QUICK, EASY & FREE

 

Looking to buy a home in Rutland?  Check out whats currently available for sale

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Posted in: Blog, Communities, Market Statistics, Real Estate News, Rutland MA Tagged: 2017, buy a home, market stats, rutland, sell a home

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Messaging with a client today about a house that’s 40 minutes away and too far to do a drive-by but when you want to know how close that house is to the highway.........you measure with tractor trailers. 😂 #copyandpaste ... See MoreSee Less

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This is the most gorgeous house 🏠 I have ever seen! Wish I took the pic before this past snowstorm ☃️❄️

Where are you located and how much snow did you get the last few days. We are in Rutland and got 25” between the two storms
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With 🦃 day & Black Friday behind us, we officially begin the time to put up our 🎄 Real vs. Fake - which do you prefer? ... See MoreSee Less

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Our Preferred Vendor Partners are a select group that we engage every day, and they’re available to help our clients with anything they need done in, on, and around your home as well as local businesses that you can use and trust.

THIS MONTHS PREFERRED VENDOR PARTNER - Gary Rice Equipment & Service, LLC. Serving all of New England for over 10...

Posted by The Pro's Real Estate Team on Friday, June 15, 2018

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14.2 acres with existing turn-key Auto Salvage, Auto Sales, Auto Repair, and Towing businesses. There are several buildings on this location. Main building is 40x50 garage with 3 bays, office/waiting room, restroom, second floor with kitchen/bath. 70’ office trailer for used car office. Current class 3 Auto Salvage License & class 2 Auto Sales License (allows up to 40 vehicles for sale). Ideal location between Springfield and Worcester Ma. 10 minutes to Mass Pike West, 5 minutes to Mass Pike East, 5 minutes to Rt 84 in Sturbridge MA , 20 minutes to Worcester, ½ hour to to Hartford CT, ½ hour to Springfield – about a mile off of Rt 20. Ideal opportunities include; Industrial park, Transfer Station, Equipment Sales and Storage, Used Parts and Salvage Scrap Yard, Self Storage Yard, Boat Marina – 7 regional lakes, Lumber Yard, Landscaping Facility, Large Tow Company / Storage / Impound lot. Full list of equipment, inventory and financials available upon request of serious buyer. $850,000

86 Holland Rd Brimfield, Massachusetts

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