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FRAMINGHAM

This page is not cluttered with historical or demographic data. That information is available elsewhere. The focus here is on the things which you might find important. Instructions for viewing Framingham real estate listings are found at the bottom of this article...

Town Hall

Jim recommends Framingham for several reasons: a) The Golden Triangle on the Framingham line where you can find most every shop or restaurant and lower-priced gas stations; b) the state parks; c) more affordable housing (the difference between Framingham and Framingham? - oh, about $100,000!); and d) its proximity to I-90 and Hwy 9 for east-west destinations (Framingham is 19 miles west of Boston) and both I-95/I-495 for north-south destinations. For commuters, MBTA commuter rail service is available to Boston via South Station and Back Bay Station - travel time is about 42-45 minutes with 121 MBTA parking spaces.

The town of Framingham is divided by Route 9, which passes east-to-west through the middle of the town. South Framingham includes Downtown Framingham (the town government seat), and the villages of Coburnville, Lokerville and Salem End Road. North Framingham includes the villages of Nobscot, Pinefield, Ridgefield and Saxonville plus Framingham Center (the physical center of town, featuring the town commons).

Where in Framingham should you look to buy?

Framingham is one of the few towns in Massachusetts that has "met its legal requirement of 10% for Massachusetts Chapter 40B Affordable housing which mostly targets people with income levels in the 70% of median income". In addition to its 40B Affordable component, Framingham has a large percentage of rental units "which target people in the 30% of median income bracket". Framingham has a much larger percentage of rental households than any of the surrounding towns - much of which is located south of Route 9.

Housing in South Framingham is mainly single family houses on small lots (under half an acre),multi-family homes or apartments. However, there is a large number of large, single family homes around Salem End Road on the West Side of South Framingham. This region is often overlooked as being in South Framingham because the area is physically separated from most of the South Side due to a series of reservoirs and the Sudbury River. Also, there are many large Victorian houses located along the shores of Learned and Gleason Ponds, and along Concord St. and Union Ave. near downtown Framingham. Additionally, the West Side of South Framingham along Route 9 has several large tracts of multi-story apartment buildings.

North Framingham was originally mostly farmland and gave way to large tracts of single family housing on large lots (over half an acre). The village of Saxonville on the east side is an old mill area that consists of many Victorian homes, and is undergoing a large expansion of over six hundred new homes on a former gravel pit. The village of Nobscot on the western side has many homes that are valued above mean housing prices for the region. While there are several small apartment complexes on the North Side, most have been converted to condominiums. In the 1950s and 1960s, the villages of Nobscot, Pinefield and Saxonville all had a large number of slab and raised ranch-style houses constructed by the Campanelli Company. These homes are classic cookie-cutter style homes that feature the same general shape and floor plan; while there are six or seven styles of the houses, the large majority of which are referred to Campanelli "L" ranches because their floor plan resembles the letter "L". At the time of construction, these homes were considered by many to be the epitome of the American dream of homeownership; today they are viewed otherwise.

Today, most of Framingham has been developed with the exception of some parcels in the northwest quadrant. In this part of town there are more people with wells and septic systems, combined with a large amount of ledge, which prevents most of the unbuilt land from being developed.

When you find a particular area and house you want more information on, you can begin by checking what information the city's assessors office has on file and what it is assessed for/taxed at here and then check on the criminal activity reported for that area.

You can also learn more about other city government functions here.

To learn more about daily goings on in Framingham, you can check out the various newspapers and online resources: The MetroWest Daily News, a daily broadsheet;The Framingham Tab, a weekly local current events tabloid; Boston.com has a Your Town website that covers Framingham; Jornal A Semana, a Brazilian- Portuguese weekly tabloid; and, The Framingham Online News.

If you have school-age children you might want to look into Framingham's public school website. Due to budget cuts, school bus transportation has been greatly reduced and so you will want to review the 2011 information letter. The town also has a regional vocational high school, one regional charter school, and several private schools, including the Sudbury Valley School, three parochial schools, including Marian High School, one Jewish day school, and several specialty schools.

Sold Statistics for Framingham

Single Family:
2012 - 473 sales. List Price - $338,711 Sale Price - $329,877   Market Time - 94 days
2011 - 394 sales. List Price - $332,989 Sale Price - $320,670   Market Time - 98 days
2010 - 429 sales. List Price - $331,512 Sale Price - $322,233   Market Time - 93 days

Framingham sales dove in 2011 but values remained fairly constant. In 2012, sales soared and the average sale price experienced a modest 3% increase.

Condominiums:
2012 - 124 sales. List Price - $128,277 Sale Price - $122,514   Market Time - 100 days
2011 - 92 sales. List Price - $114,941 Sale Price - $110,627   Market Time - 88 days
2010 - 141 sales. List Price - $135,847 Sale Price - $131,518   Market Time - 111 days

Condominium sales also fell sizeably in 2011 - about 45% with values down about 16%. Although 2012 saw a 30% increase in volume, sales still lagged behind those of 2010, as did its average sale price.

Multi-Family Listings:
2012 - 51 sales. List Price - $245,602 Sale Price - $235,124   Market Time - 103 days
2011 - 40 sales. List Price - $261,473 Sale Price - $242,822   Market Time - 128 days
2010 - 41 sales. List Price - $243,468 Sale Price - $233,280   Market Time - 85 days

Multi-family sales in Framingham remained fairly constant in 2010 and 2011 although values fell about 4% in 2011. Fortunately, more sales occurred in 2012; but, values dipped 2%. Let's hope for a better 2013!

The graphic, historical view of home sales shown below is not really accurate as it goes only through the 3Qtr of 2012; but it gives you a general picture of how things have been selling over the past 5 years.

To view all of the current MLS real estate listings in Framingham, you will need an ID which is "2349852" and the password "Jim". You can login here anonymously anytime, daily or weekly, as often as you wish. If you should see any properties you would like to view in person, give Jim a call or send a text or email indicating which properties and a couple of time frames and Jim will try to schedule you appropriately - please keep in mind that some owners and/or agents require 24-48 hrs advance notice and additionally keeping within a 30-60 minute window if they also require an accompanied showing.