The housing price correction has affected Central Massachusetts, and Westminster is no exception. There are 60 homes on the market at an average price of $375,000. The days on market for active listings is 284.
There have been 33 homes that have sold within the last 6 months at an average sales price of $255,000 and the days on market were 198.
In March the absorption rate was one year and it is holding steady at 12 months after a summer-time rise. A normal market is between 6 and 7 months.
This makes an excellent opportunity for buyers to find a great selection of homes to look at and competitive pricing as well. The interest rates are excellent and there are many special opportunities and rates for qualified buyers. The federal tax credit of $8,000 may apply if buyers purchase before the end of 2009.
ZIP Code: 01543 Approximate Location Boundaries: Westminster is bound on the North by Ashburnham, on the West by Gardner, on the South by Princeton and Mt. Wachusett ski area, and on the east by Leominster.
Location Characteristics: With a population of approximately 7700, Westminster is an attractive place to live with close-knit neighborhoods in country settings. Residents value the rural and historic character of their town.
We anticipate welcoming more residents who are proud of Westminster's heritage and natural beauty, content with its prime location, and eager to participate in the social and governmental affairs of the town.
The town has access to Mt. Wachusett for hiking and skiing, the Leominster State Forest, for hiking and swimming, and golfing at the Westminster Country Club.
According to the United States Census Bureau, the town has a total area of 37.3 square miles of which, 35.5 square miles of it is land and 1.8 square miles of it is water.
Great schools, great highway access to Rt. 2 and Rt. 140, and the famous Old Mill Restaurant, and the well-known Westminster Cracker Factory make this a very desirable community.
About Judy Reynolds & the Evergreen Realty Team:
I have been a professional real estate consultant for almost 27 years as a small town independent Realtor. The use of cutting-edge technology and professional experience make my Team the very best in the area. The Evergreen Realty Team is dedicated to providing excellent service to our clients and customers. Our web site was first designed in 1994 and www.EvergreenRealty.com offers the best information and tools to assist you with all your real estate needs. As Quality Service Certified professionals, we look forward to assisting you.
These reports reflect the views and opinions of their authors and are not necessarily the views and opinions of Realty Times.
