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Templeton, Massachusetts Q1 Market Report

Quarter 1 – Templeton, Massachusetts Market Report as of April 1, 2022

 

Fitchburg, Massachusetts Market Report - Q1 2022

 

Single Family Home Sales:

  • Median Sales Price is Up 65% ($422,250*) from Q1 2021 ($255,500)
  • Total Number of Sales is Down 17% (20) from Q1 2021 (24)
  • 10 Active Listings on 4/1/2022

*While median price soared, price per square foot is up only 4% year over year, indicating Q1, 2021 was an aberration. Q2, 2021 to Q1, 2022 showed an 11% median price appreciation.

~ Inventory Remains Tight

~ 20 Median Days on Market (9 Avg. to Offer)

~ 100% Sold to List Ratio

~ Rising Mortgage Rates May Curb Appreciation in 2022

 

“Templeton had home sales from $168,000 to $539,000 in Q1, 2022, with 4 over $500,000 and 5 under $300,000 .”

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