Dover, MA Real Estate News

By Jane Wemyss, CRS
(Compass)
The PanMass Challenge rode August 2 with a starting line of 1,978 riders leaving Wellesley journeying down Main Street onto Farm Street in Dover and Medfield and on to Bourne, 84 miles to the finish. The PMC registered 5,216 riders, 2,521 rode from Sturbridge, also departing on August 2, and joining the Wellesley riders along the route. August 2nd started off a little cool with damp rodeways but dried out to be a great day for a ride. PMC has been in existence since 1980 raising money for the Jimmy Fund. Last year the PMC raised 35 million dollars. 2009 is expected to bring in around 30 million dollars. As of September, the bar was at about 26 million dollars. The PMC is one of the largest contributors to the Jimmy Fund, raising money for cancer research and treatment at the Dana-Faber ...
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Once again Dover places at the top in Boston Magazines September 2009 annual school ranking of the public educational systems in Massachusetts. This year the Dover-Sherborn Regional High School ranked second place following Weston in first place. As always, this is a very controversial write up which certain individuals feel overlooks, over estimates, under estimates or excludes schools not in the top rankings. However, as we all know, each school is as great as its teachers, administration and current student body which all changes year to year. The majority of the metro west school systems are all highly ranked so we are focusing on some of the best of the best schools. They are all very good. It's great to see Dover as number two. The administration and teachers work very hard to exc...
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By Martin Kalisker, Real Estate Ethics & Dispute Resolutikn
  As of March 31, 2009, there were 55 single family listings in Dover on the Multiple Listing Service (MLSPin).  During March, 11 new single family listings were added to our MLSPin and an additional 3 single family homes were relisted for sale on the MLS, with an average list price of $2,627,718.    Based on the number of active single family listings versus the number of sales during the month, there is a market absorption rate of 55 months.   That is to say, based on the volume of sales during the past month, it will take over 4 years to sell all of the single family homes currently in inventory and sitting on the Dover market.  Although one may doubt the validity of the market absorption rate quoted - please don't lose sight on what it is based on - number of properties available an...
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By Lynda Longmire
(Virtual Homes Real Estate)
Dover MA Real Estate - Homes for Sale Buying a home is an important investment however your primary focus should be to solve a housing need. The process can be very complicated if you do not work with industry professionals that can provide accurate information and advise you. The professionals include mortgage lenders, Realtors, Attorneys, Home Inspectors and Accountants. If you are a first-time home buyer, you may qualify for a tax credit ($8000 in 2009) and could be eligible for special financing programs. For a map based search of all properties listed in the MA MLS go to DOVER MA MLS Let Dover MA real estate assist you in finding the right property to meet your needs from local area homes for sale, foreclosure listings (bank-owned), country properties, land, condominiums and equine...
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By Martin Kalisker, Real Estate Ethics & Dispute Resolutikn
    As of February 28, 2009, there were 51 single family listings in Dover on the Multiple Listing Service (MLSPin).  Although February has been a very slow month for many towns in the Boston Metrowest area, the sales year to date for Dover have indicated a strong buyer preference to significantly discounted properties and there are no indications of interest on homes, which by Dover standards, are already selling for significantly lower prices than in prior years.  This is a clear sign that there may be trouble ahead for higher-end homes that will continue to stay in inventory, while more attractively priced homes will sell.  During February, 9 new single family listings were added to our MLSPin and an additional 2 single family homes were relisted for sale on the MLS, with an average ...
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By Martin Kalisker, Real Estate Ethics & Dispute Resolutikn
   As of January 31, 2009, there were 42 single family listings in Dover on the Multiple Listing Service (MLSPin).  It is very difficult to interpret the market statistics for Dover at this early point in the year.  Although it is encouraging to see some of the older inventory finally selling, it is also misleading to look at average sales price to original sales price because the majority of these listings have been renewed or have expired at least once and the MLSPin data does not capture the original list price, but rather the price that the home was listed for during the time that the listing has been active with the current listing broker.  What is certain, however, is that buyers are voicing their opinions very strongly about the mega-mansions and high prices asked for homes in Do...
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By Martin Kalisker, Real Estate Ethics & Dispute Resolutikn
  As of December 31, 2008, there were 37 single family listings in Dover on the Multiple Listing Service (MLSPin).   Year to date sales figures show a 12.9% decline in sales volume and average sales prices are reflect a modest decrease of 5.0% compared to 2007. Based on current market absorption rates (see below), the market for single family homes in Dover appears to be "balanced."  In other words, market supply and demand are in balance, such that it is neither a buyers' nor a sellers' market.  However, some of the inventory currently available has been sitting idle for over nine months are experiencing significant downward price pressure from interested buyers.  Also of note is that average sales price to original asking price figures for 2008 (see chart below) are skewed because of ...
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By Martin Kalisker, Real Estate Ethics & Dispute Resolutikn
     As of November 30, 2008, there were 41 single family listings in Dover on the Multiple Listing Service (MLSPin).  Very few homes are selling in Dover.  Prices haven't changed noticeably from 2007 levels, however the buyers are recognizing this by letting the inventory sit where it is.  If looking at sales price to original price as an indicator, both sellers and their Realtors® should pay attention to market absorption levels and come up with new pricing for many of the homes that are sitting out there.   During November, 4 new single family listings were added to our MLSPin, with an average list price of $779,925.  Based on the number of active single family listings versus the number of sales during the month, there is a market absorption rate of 308 days.   That is to say, based...
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By John Prescott, Top Real Estate Agent: Wellesley,Needham,Natick,Metrowest
(Century 21 Commonwealth Wellesley)
Dover-Sherborn Demolishes Ashland: John Prescott's  The Metwest Scene bostonkayakguy.wordpress.com — With the end of the season just a few games away, Dover-Sherborn High School just demolished Ashland High School on Ashland ’s home field.     Senior Andrew Perlmutter, co-captain of Dover-Sherborn’s Raiders led with 3 touchdowns , threw a TD pass, and finished with 283 yards., … Final Score: Dover-Sherborn 21,  Ashland 0   JOHN PRESCOTT -BostonKayakGuy     Top Real Estate Agent for more than 14 years, serving the real estate needs of  Wellesley, South Natick, Weston, Needham, Wayland, Newton, Framingham and other MetWest communities.  www.johnprescott.net JOHN PRESCOTT Vice President Century 21 Commonwealth 508-523-9252   BostonKayakGuy…The MetWest Scene
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By Martin Kalisker, Real Estate Ethics & Dispute Resolutikn
   As of October 31, 2008, there were 52 single family listings in Dover on the Multiple Listing Service (MLSPin).  Sales of single family homes are down only 13.5% for the year which is lower than many neighboring communities.  However, properties priced over $2,000,000 are moving much more slowly and are weighing down the days on market statistics. During October, 6 additional single family listings were added to our MLSPin, (3 of which were back on market) with an average list price of $1,470,500.  Based on the number of active single family listings versus the number of sales during the month, there is a market absorption rate of a staggering 13 months.   That is to say, based on the volume of sales during the past month, it will take 390 days to sell all the single family homes cur...
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By Martin Kalisker, Real Estate Ethics & Dispute Resolutikn
  Monthly market performance: As of September 30, 2008, there were 59 single family listings in Dover on the Multiple Listing Service (MLSPin).  Although home sales for the year are down modestly, we are noticing that more listings in the $2 million plus range are being added to inventory. Dover is not alone with this phenomenon, which will only serve to increase the average number of days that properties remain listed.  Also, of note is the gap between the average sales price compared to average original and last adjusted list prices. Sellers would be well advised to price their homes to sell, not sit in Dover.  During September, 9 new single family listings were added to our MLSPin, with an average list price of $2,294,889. The average list price is $1,803,128.  The lowest price is $3...
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By John Prescott, Top Real Estate Agent: Wellesley,Needham,Natick,Metrowest
(Century 21 Commonwealth Wellesley)
Holliston 28, Dover-Sherborn 14 The Holliston High Panthers football team “exploded for two fourth-quarter touchdowns to walk off with a 28-14 win over Dover-Sherborn in the Tri-Valley League opener for both teams,” reports The MetroWest Daily News… Holliston HS Panthers * Photo courtesy of Marshall Wolff/Daily News staff The end of the first half found the Panthers leading at 6 - 0. Dover-Sherborn’s Andrew Perlmutter led the Raiders drive, scoring the game’s tying touchdown. In the fourth, Holliston senior John Themilli, “broke through the right side for 16 yards and the final Panther touchdown.” Holliston QB Sean Mayo had three touchdown passes and a TD rush. Despite the buckets of rain the place was packed; just swelling with community support for the teams, and in particular, the tw...
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August 2, 2008, The PAN-MASS Challenge registered approximately 5,500 bikers for the yearly drive to raise money for cancer research. The bikers rode through Dover, MA. The routes began in either Sturbridge with 2,837 riders or Wellesley with 2,096 riders. The Wellesley start was at Babson College off of Forest Street departing around 7:30 a.m. The riders passed through Wellesley, entered Dover at Dover Road turned left onto Main Street on through Farm Street and right at Junction Street heading into Medfield. There were several water stops and a lunch stop along the route fully staffed with volunteers. The finish was at the MASS Maratime Academy in Bourne, MA, roughly 84 miles from the start. Day 2 travelled the bikers on to Provincetown, MA while some returned to Wellesley, MA. This i...
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Appearing in the Boston Globe on April 15, 2007 is an article covering Dover, MA, a Metro West Suburb, and other Massachusetts suburbs. Dover, zip code 02030, is listed as one of the top wealthy zip codes. The community zoning bylaws strongly favor acre (plus) zoning. There are minimal areas with smaller lot sizes. Since Dover is a small community, the acre zoning attracts individuals looking for larger lots and acreage. Dover is radically different from the abutting neighboring towns with smaller lots and big town centers which have benefits not offered in the community of Dover. Additional major attractions in Dover are the vast open spaces, 1800plus acres of trails, and great public schools. The school was ranked 161 in Newsweek's list of top schools in America. Check out both of the...
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New England Home Magazine, July/August 2007, Meet the Professionals. Most recent notable sales - two small estates in Dover with views of the Charles River. There are certain special properties in every community that should be shared. These two properties are located on scenic Willow Street, Dover, MA and have that undefineable characteristic of an idyllic setting. The charm, character and proximity to larger communities nearby as well as the city of Boston make them highly desireable. It's all about the location. Opportunities like these only come around once in a while.
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By Pat Laracy Baker, Pat Baker Dream Home Maker
(Realty Executives Boston West)
Dover Market Report for past monthYearly Report to follow next week.  Report Run: 12/15/2007 11:36:32 AM Property Type(s): SF Status: SOLD Start Date: 11/15/2007 End Date: 12/15/2007 Towns: Dover, MA Price Range# ofListingsAvg. Dayson MarketAverageSale Price AverageList PriceSP:LPRatioAverageOrig PriceSP:OPRatioUnder $50,000--- ----$50,000 - $99,999--- ----$100,000 - $149,999--- ----$150,000 - $199,999--- ----$200,000 - $249,999--- ----$250,000 - $299,999--- ----$300,000 - $349,999--- ----$350,000 - $399,999--- ----$400,000 - $449,999--- ----$450,000 - $499,999--- ----$500,000 - $599,999--- ----$600,000 - $699,999--- ----$700,000 - $799,999--- ---- $800,000 - $899,999 2 143 $855,000   $899,45095$924,00093$900,000 - $999,999--- ---- $1,000,000 - $1,499,999 2 150 $1,200,000   $1,312,49591...
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By Pat Laracy Baker, Pat Baker Dream Home Maker
(Realty Executives Boston West)
Dover Market Report for the 3 month period 9/3/07 -12/03/07Dover is almost Needham to us who have lived here forever it seems but it is just 3 miles to the line from our home.  A beautiful, affluent community but yet close to major highways.  Dover was part of the original town of Dedham and established in the Springfield Parish of Dedham.  Dover has great schools and town services.  On my website link below there is information to link to for schools.  Dover is bordered by Westwood, Needham, Medfield, Sherborn, Natick, Walpole, and Wellesley.  It is just 16 miles to Boston.Here is the 3 month Market Report for Dover Pat Baker, Realtor, Needham and surrounding  towns of Wellesley,Weston, Dover, Dedham, Natick, So. Natick, Holliston, Newton visit our website: www.patannbaker.comReport Ru...
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