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[post_content] => The market for Spruce Pond Village townhomes in Franklin, MA had a lackluster year in 2012. But due to a strong surge in home sales volume throughout the Bay State last year, the outlook is upbeat for this desirable condo community in Franklin, MA.
Sales volume flat, average sales price down
While home sales volume in the overall MA market rocketed 22% in 2012, only three townhomes sold at Spruce Pond Village last year. This matches 2011’s sales production at this condo community.
The average sales price of homes at Spruce Pond in 2012 fell 5.8% to $280,300 (from $297,667 in 2011). Days on market ballooned to 172 days (from only 25 the year before).
Location of 2012 sales at Spruce Pond
The map above shows the location 2012’s sales in this condo community.
Full report on the 2012 sales at Spruce Pond
Follow the image above or the hotlink to download a full report on 2012’s sales at Spruce Pond Village.
Where is the market for Spruce Pond condos headed in 2013?
Spruce Pond Village has many strengths: a superior location just off Exit 16 of I-495, units have attached garages and basements, and the financial condition of the community is excellent. Spruce Pond will continue to offer a valuable alternative to more expensive age-restricted (active adult) condo developments in the I-495 region.
Regardless of the humdrum market at Spruce Pond during the year just past, 2012 was a strong year for home sales volume across Massachusetts. Single family home sales volume in the Bay State rose a robust 22% in 2012.
And so far in 2013, the real estate market in MA has maintained momentum. If the strengthening trend in Massachusetts real estate continues throughout the year, the outlook for sales at Spruce Pond Village should be very positive!
If you have any questions about how your Spruce Pond townhome stacks up in the local market in terms of price, features and amenities, I would be happy to assist you. I’ll prepare an in-depth Home Market Analysis for your Spruce Pond home. Just give me a call at 508-613-2889 or email me. No cost or obligation!
Copyright ©2013 02038.com
[post_title] => Spruce Pond Village 2012 real estate review
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[post_content] => Market stats for the first half of 2012 produced solid reasons for optimism about the future of prices at Spruce Pond Village, the popular townhouse condominium community in Franklin, MA.
Market started looking up in early 2012
There was a profound change for the better in the MA real estate market in the first half of the year. Home sales soared over 20% across the Bay State as buyers snapped up bargains, encouraged by the strengthening MA economy and record low mortgage rates. Read a full report on Massachusetts real estate during the first half of 2012 by clicking the hotlink.
Spruce Pond units start selling
You can trace the improvement in the MA real estate market in the listing histories of the three units that sold at Spruce Pond in the first half of 2012.
If you can believe it, those three transactions represent the highest sale volume at Spruce Pond for the first half of any year going back to 2006!
Market resistance to Spruce Pond listings in 2011
Two townhomes on Highbank Road (Units 73 and 83) came on the MLS in August 2011. The market was sluggish then and the units encountered stiff resistance.
Both units sat unsold for months.
Timing makes the difference
31 Quince Island Road received a much better reception from buyers, and it was simply a matter of timing. That new listing hit the MLS in January 2012 as the market shift was underway.
31 Quince found a buyer in less than 3 weeks!
Once 31 Quince went under agreement, market sentiment continued to improve and the Highbank units started getting serious attention from buyers.
73 Highbank went under agreement in February and by April, 83 Highbank had found a buyer as well.
Report on all three sales
Click here or on the image below to download a detailed report on all the sales at Spruce Pond during the first half of 2012.
What's the value of your Spruce Pond Village townhouse?
What is so encouraging about the first half of 2012 is the dramatic shift in market sentiment. It's almost as if a switch was pulled and buyers suddenly started buying.
If Massachusetts real estate continues to improve in the second half of 2012, we should see a stronger pricing environment at Spruce Pond Village. Its superior location will serve this condo community well.
If you own a townhouse at Spruce Pond and are thinking of selling, now is an ideal time to act. Buyers are out there and are making offers!
Click the hotlink to get a free, no obligation value analysis of your home from an expert at selling condos in Franklin!
Copyright ©2012 02038.com
[post_title] => Outlook upbeat at Spruce Pond Village as first half of 2012 comes to a close
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[post_content] => The Spruce Pond Village condominiums in Franklin, MA comprise approximately 100 townhouse and ranch-style condo units built between 1986 and 1988. The Massachusetts condo community has a highly desirable location very close to Exit 16 off Interstate 495 in an idyllic water-front setting on Spruce Pond.
Video of Spruce Pond Village
Here is a video introduction to this prime townhouse community:
Water views
Many townhomes at Spruce Pond Village offer water views.
Spruce Pond Village townhouses are sited to maximize views of Franklin’s Spruce Pond.
Wonderful location
The townhouse community’s location is a plus for more reasons than just tranquil pond views: it is ideally situated just off Exit 16 of Interstate 495.
Details on townhomes at Spruce Pond Village
Condominium homes at Spruce Pond Village range in size from roughly 1,150 sf to just over 2,000 sf.
Finished basement space in many units adds additional living area.
Some basements are walk-out, increasing their utility.
2 bedroom townhomes
Most condos at Spruce Pond Village in Franklin, Massachusetts were built with 2 bedrooms. Many homes have a first floor den/study.
These rooms typically lack a closet (they otherwise make an ideal guest room).
2 story condos predominate
Most Spruce Pond Village townhomes are two story units; several are one story ranch-style homes. Exteriors are wood.
All of the two story homes have a second floor loft overlooking a vaulted living room.
Some owners use the second floor loft as an additional sleeping area. Other units use rooms in finished lower levels as additional sleeping space.
Gas heat and central air
All homes at Spruce Pond have gas hot air heat with central air conditioning. Town sewer and water service are nice features.
Copyright ©2011 02038.com
[post_title] => Get to know Spruce Pond Village in Franklin MA
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[post_content] => A rare advantage offered by Spruce Pond Village in Franklin, MA is the water views enjoyed by many of the townhomes.
The townhouse condominium community is situated next to Spruce Pond in Franklin, Massachusetts.
Video of pretty water views
Below is a video showing the tranquil water views enjoyed by residents of Spruce Pond Village:
Townhomes overlooking pond
Quite a number of units have pretty views of the pond.
Some homes have decks overlooking the water.
Residents can watch the occasional goose and migratory water fowl.
Click the hotlink to see the other advantages offered by the location enjoyed by Spruce Pond Village.
Copyright ©2011 02038.com
[post_title] => Water views at Spruce Pond Village
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[post_content] => All homes at the Spruce Pond Village condos in Franklin, MA offer the many benefits of garage parking. Your car is kept out of the elements – you wouldn’t have to scrape icy windshields in winter! And you can unload groceries and other purchases out of your car without getting wet from the rain.
Video showing garages at Spruce Pond Village
The video below shows how garage parking is set up at Spruce Pond Village:
One car garage
Some condominiums at Spruce Pond have a one car garage.
These are typically situated next to the one car garage of an adjoining unit.
2 car garages
Other homes at Spruce Pond Village have 2 car garages.
A big advantage of 2 car garages at Spruce Pond Village in Franklin, MA is that they are side by side.
This is a much better arrangement than the “tandem” 2 car garages found at some other condo communities in the Greater Franklin region.
Copyright ©2011 02038.com
[post_title] => Garages at Spruce Pond Village condos in Franklin MA
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[post_content] => The Spruce Pond Village townhouse community affords plenty of peaceful water views of Spruce Pond in Franklin, MA. But the townhomes’ location is advantageous for a lot more reasons than just a pond-front setting!
Follow the hot links below to learn about the many advantages offered by the location of the Spruce Pond Village condos:
Commuter-friendly location
Spruce Pond Village is seconds from Interstate 495 and just minutes away each of the two commuter rail stations in Franklin, MA.
Food and services nearby
There's a small shopping plaza across the street from the Spruce Pond Village townhomes and a gas station, eateries and a medical services office just around the corner from the condos on King Street in Franklin.
Convenient to regional shopping destinations
Two large shopping plazas are within a 5 minute drive of Spruce Pond Village and there are many more stores and service providers in Franklin and the surrounding area.
Health club next door
Boston Sports Club has a large facility literally right next to the condominiums.
Medical services across street
Metrowest Physician Services is across King Street from the Spruce Pond Village townhouse community.
So now you can see that this Franklin, Massachusetts condo community commands a highly desirable the location!
Copyright ©2011 02038.com
[post_title] => Choice location enhances Spruce Pond Village
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[post_content] => Residents at the Spruce Pond Village condos in Franklin, MA are literally seconds from Interstate 495, the main commuter highway in the region.
Makes drive to work easier
Compared to condo communities in other Massachusetts towns situated miles from I 495, Spruce Pond Village's location just off Exit 16 will save you quite a lot of time off your drive to work. In addition, there's no appreciable highway noise at Spruce Pond because there is a sizable buffer of open space and a shopping plaza between the interstate and the Spruce Pond townhomes. You get the best of all worlds with these condominiums: very quick access to I 495, in a serene setting with peaceful water views and with shops and services nearby as well!
Video of drive to I 495
The video below shows you how easy the drive to I 495 is from Spruce Pond:
Quick access to commuter rail stations
Another benefit of Spruce Pond Village's location is the short run enjoyed by the townhouse community's residents to both of the two commuter rail stations in Franklin, MA.
5 minutes to Forge Park
It's about a 5 minute drive from Spruce Pond Village to the Forge Park commuter rail station.
The station is off of Exit 17, one exit north of Spruce Pond's Exit 16.
7 minutes to downtown station in Franklin
You'll have to allow for some normal delays due to street traffic when you drive to the Dean/Downtown Franklin commuter rail station.
Still, that station is at most a 7 minute drive from Spruce Pond.
Location provides easy access to shopping as well
Spruce Pond Village benefits from good neighborhood shopping very close to the townhomes and easy access to regional shopping destinations as well.
Overall, the condos at Spruce Pond Village have a wonderful location!
Copyright ©2011 02038.com
[post_title] => Ideal commuter location at Spruce Pond Village
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[post_content] => Wouldn’t it be nice to live around the corner from a neighborhood retail center? What if your home was literally seconds from a thriving cluster of shops and stores where you could hit the Dunkin Donuts drive through on the way to work, enjoy a quick sit-down breakfast, meet a friend for lunch, gas up the car and grab some milk and bread, drop off the dry cleaning and buy some fine wine for dinner?
You can do all that and more at Spruce Pond Village in Franklin, MA!
Shops close to Spruce Pond Village
This desirable Massachusetts townhouse community is across the street from a neighborhood shopping plaza featuring a Dunkin Donuts, several shops and a large upscale restaurant.
Other food outlets and a gas station/convenience store are on King Street, just around corner from the Spruce Pond townhouse condominiums.
Video showing neighborhood shops
Here is a video demonstrating how close Spruce Pond Village is to neighborhood eateries and stores:
Neighborhood shopping plaza
The Silver Maple Plaza is located at 490 King St in Franklin, MA, right across street from the Spruce Pond townhomes.
This neighborhood retail plaza is home to:
Joe’s American Bar and Grill
Dunkin Donuts
and also a liquor store, a drycleaner and a hair salon.
Gas station/convenience store and eateries around corner
Spruce Pond Village is also very close to:
a Sunoco gas station with a Tedeschi convenience store.
It is very helpful to have discount gas and a quick place to pick up essentials like milk and bread so near to home.
Next to the gas station, you’ll find:
The King Street Cafe
This establishment serves breakfast and lunch.
Just a bit farther down the street is:
The Spruce Pond Creamery
This is a popular spot for pizza and ice cream in Franklin, MA.
Regional shopping destinations a short drive away
Spruce Pond Village is a quick drive to the two main shopping plazas in Franklin and other shopping venues serving the Greater Franklin area.
Click the hotlink to learn about all the area shopping destinations that are readily accessible from Spruce Pond Village.
Copyright ©2011 02038.com
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[post_content] => Spruce Pond Village has a superb location just off exit 16 of Interstate 495 in Franklin, MA. That location gives that condo community many advantages.
In addition to easing the daily commute, the proximity to I495 affords these townhomes ready access to a lot of shopping venues both in town and beyond Franklin.
Shop at both of the major shopping plazas in Franklin
Franklin is a geographically large municipality with 2 major shopping plazas at opposite ends of town.
Franklin residents can do their in-town grocery shopping at either Shaws in the Horace Mann Plaza in the east part of Franklin or at Stop and Shop in the west part of town at the Franklin Village Shopping Center just off Exit 17 of Interstate 495.
It can be bit of a chore for Franklin residents to drive to both shopping plazas given their geographic separation.
Quick access to both shopping plazas
But getting to both Mann Plaza and Franklin Village is a snap from the Spruce Pond townhouse condominiums. This makes in-town shopping a lot easier for Spruce Pond residents.
From Spruce Pond, it’s a short drive up King Street to Horace Mann Plaza on Rte 140.
And because Spruce Pond Village is just off Exit 16 of I 495, it’s an easy run up the highway to Exit 17 and the Franklin Village Shopping Center.
More shopping up and down Interstate 495
The location off Exit 16 of I 495 enjoyed by Spruce Pond Village makes shopping trips beyond the two Franklin shopping plazas easier as well.
Off Exit 17 of I 495 in Franklin is BJ’s Wholesale Club, a great place for discount groceries.
Exit 18 off Interstate 495 brings you to Charles River Center (Whole Foods), Stallbrook Marketplace (Walmart and Market Basket) and The Crossroads Shopping Center (Home Depot).
One exit south on I 495 from Spruce Pond Village is the Wrentham Premium Outlets Mall with 100s of top-quality stores and discount prices.
So Spruce Pond’s location just off exit 16 of I 495 in Franklin, MA opens a world of shopping opportunities to residents of that desirable townhouse community.
[post_title] => Outstanding shopping a breeze from Spruce Pond Village
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[post_content] => The condominiums at Spruce Pond Village in Franklin, MA are just down the street from the medical offices at MetroWest Physician Services.
Internal medicine
MetroWest Physician Services provides internal medicine services from this modern facility recently opened in Franklin, MA.
Video showing proximity to townhouse condos at Spruce Pond
The video shows just how close these offices are from the townhomes at Spruce Pond Village:
MetroWest Medical Center
Doctors at this facility are affiliated with MetroWest Medical Center.
MetroWest Physician Services offers primary care and specialty care at locations in Norfolk, Middlesex and Worcester Counties in Massachusetts.
Copyright ©2011 02038.com
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[post_content] => The market for Spruce Pond Village townhomes in Franklin, MA had a lackluster year in 2012. But due to a strong surge in home sales volume throughout the Bay State last year, the outlook is upbeat for this desirable condo community in Franklin, MA.
Sales volume flat, average sales price down
While home sales volume in the overall MA market rocketed 22% in 2012, only three townhomes sold at Spruce Pond Village last year. This matches 2011’s sales production at this condo community.
The average sales price of homes at Spruce Pond in 2012 fell 5.8% to $280,300 (from $297,667 in 2011). Days on market ballooned to 172 days (from only 25 the year before).
Location of 2012 sales at Spruce Pond
The map above shows the location 2012’s sales in this condo community.
Full report on the 2012 sales at Spruce Pond
Follow the image above or the hotlink to download a full report on 2012’s sales at Spruce Pond Village.
Where is the market for Spruce Pond condos headed in 2013?
Spruce Pond Village has many strengths: a superior location just off Exit 16 of I-495, units have attached garages and basements, and the financial condition of the community is excellent. Spruce Pond will continue to offer a valuable alternative to more expensive age-restricted (active adult) condo developments in the I-495 region.
Regardless of the humdrum market at Spruce Pond during the year just past, 2012 was a strong year for home sales volume across Massachusetts. Single family home sales volume in the Bay State rose a robust 22% in 2012.
And so far in 2013, the real estate market in MA has maintained momentum. If the strengthening trend in Massachusetts real estate continues throughout the year, the outlook for sales at Spruce Pond Village should be very positive!
If you have any questions about how your Spruce Pond townhome stacks up in the local market in terms of price, features and amenities, I would be happy to assist you. I’ll prepare an in-depth Home Market Analysis for your Spruce Pond home. Just give me a call at 508-613-2889 or email me. No cost or obligation!
Copyright ©2013 02038.com
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by Warren Reynolds on February 6, 2013
The market for Spruce Pond Village townhomes in Franklin, MA had a lackluster year in 2012. But due to a strong surge in home sales volume throughout the Bay State last year, the outlook is upbeat for this desirable condo community in Franklin, MA. Sales volume flat, average sales price down While home sales volume [...]
Tagged as: Spruce Pond Village
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by Warren Reynolds on July 19, 2012
Market stats for the first half of 2012 produced solid reasons for optimism about the future of prices at Spruce Pond Village, the popular townhouse condominium community in Franklin, MA. Market started looking up in early 2012 There was a profound change for the better in the MA real estate market in the first half [...]
Tagged as: Spruce Pond Village
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by Warren Reynolds on January 17, 2011
The Spruce Pond Village condominiums in Franklin, MA comprise approximately 100 townhouse and ranch-style condo units built between 1986 and 1988. The Massachusetts condo community has a highly desirable location very close to Exit 16 off Interstate 495 in an idyllic water-front setting on Spruce Pond. Video of Spruce Pond Village Here is a video [...]
Tagged as: Condos, Spruce Pond Village
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by Warren Reynolds on January 17, 2011
A rare advantage offered by Spruce Pond Village in Franklin, MA is the water views enjoyed by many of the townhomes. The townhouse condominium community is situated next to Spruce Pond in Franklin, Massachusetts. Video of pretty water views Below is a video showing the tranquil water views enjoyed by residents of Spruce Pond Village: [...]
Tagged as: Condos, Spruce Pond Village
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by Warren Reynolds on January 17, 2011
All homes at the Spruce Pond Village condos in Franklin, MA offer the many benefits of garage parking. Your car is kept out of the elements – you wouldn’t have to scrape icy windshields in winter! And you can unload groceries and other purchases out of your car without getting wet from the rain. Video [...]
Tagged as: Condos, Spruce Pond Village
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by Warren Reynolds on January 17, 2011
The Spruce Pond Village townhouse community affords plenty of peaceful water views of Spruce Pond in Franklin, MA. But the townhomes’ location is advantageous for a lot more reasons than just a pond-front setting! Follow the hot links below to learn about the many advantages offered by the location of the Spruce Pond Village condos: [...]
Tagged as: Condos, Spruce Pond Village
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by Warren Reynolds on January 17, 2011
Residents at the Spruce Pond Village condos in Franklin, MA are literally seconds from Interstate 495, the main commuter highway in the region. Makes drive to work easier Compared to condo communities in other Massachusetts towns situated miles from I 495, Spruce Pond Village’s location just off Exit 16 will save you quite a lot [...]
Tagged as: Condos, Spruce Pond Village
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by Warren Reynolds on January 17, 2011
Wouldn’t it be nice to live around the corner from a neighborhood retail center? What if your home was literally seconds from a thriving cluster of shops and stores where you could hit the Dunkin Donuts drive through on the way to work, enjoy a quick sit-down breakfast, meet a friend for lunch, gas up [...]
Tagged as: Condos, Spruce Pond Village
by Warren Reynolds on January 17, 2011
Spruce Pond Village has a superb location just off exit 16 of Interstate 495 in Franklin, MA. That location gives that condo community many advantages. In addition to easing the daily commute, the proximity to I495 affords these townhomes ready access to a lot of shopping venues both in town and beyond Franklin. Shop at [...]
Tagged as: Condos, Spruce Pond Village
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by Warren Reynolds on January 17, 2011
The condominiums at Spruce Pond Village in Franklin, MA are just down the street from the medical offices at MetroWest Physician Services. Internal medicine MetroWest Physician Services provides internal medicine services from this modern facility recently opened in Franklin, MA. Video showing proximity to townhouse condos at Spruce Pond The video shows just how close [...]
Tagged as: Condos, Spruce Pond Village
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Warren Reynolds, Esq, GRI, e-PRO
Tel: 508.613.2889 | Contact
Century 21 Commonwealth
9 Main Street
Franklin, MA 02038
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