For those who are interested in a wealth of local real estate data there is an excellent resource that can be found on the William Raveis Real Estate website. For each town in Massachusetts (and Connecticut) some of the housing data that can be viewed include median sales prices, home sales and average market time for the past three years. In addition, comparison of local data to county and state results are also presented. All results are in easy to read graphical formats and all of this data is compiled from MLSPIN.
The most significant trends from 2005 to 2007 for Longmeadow include stable median sales prices ($330,000 -> $320,000 -> $330,000), longer time to sell (56 days -> 84 days -> 91 days) and fewer home sales (199 ->178 -> 186).
This resource is certainly worth evaluating if you want to learn more about the local real estate market.
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