Princeton is a unique community, somewhat off the beaten path. Many professionals and artists like it that way. At the present time there are 29 active listings in town presently at an average list price of $486,945 with an average days on market of 214.
In the last 6 months 12 homes sold with an average sale price of $312,875 with the average sale per square foot being $170.00 and 119 days on market. With the longer days on market and lower average price, Princeton continues to experience a significant price correction.
With these statistics, Princeton has 14.5 months of inventory with the number of properties on the market at present. A normal market is between 6 and 7 months.
Princeton remains in a decided buyers' market due to the slow down in sales. Properties must be well priced to move in a reasonable time frame.
ZIP Code: 01541 Approximate Location Boundaries: Princeton is bound by Sterling on the East, Westminster on the North, Hubbardston on the West, and Rutland and Holden on the South.
Location Characteristics: Princeton is a small rural community with a population of just over 3,500 people. Princeton is the home of Mt. Wachusett, a prime local skiing resort with great following. The Westminster Village Inn offers great skier packages at the mountain.
This quintessential small town is home to many professionals, business owners, artists, and writers who appreciate Princeton for its tranquil ambiance, and also value the proximity to an active city life in Worcester and Boston.
The common in the center of Princeton is surrounded by elegant antique homes in pristine condition and the amazing views to Boston. The community is picture book perfect and offers a perfect place to live.
About Judy Reynolds & the Evergreen Realty Team:
I have been a professional real estate consultant for 29 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 exceptional service to our clients and customers. Our web site was first designed in 1994 (the first in Central Massachusetts) 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.
