The Ashland, MA Homes For Sale Market Report

 

This cycle of reports will have a new feature, the historical trend mapping, such as the one below. The most important line is the HSI trend line, as it shows the supply/demand curve in the market. I've figured out a way for these reports to be interactive, which means they'll be updated each time I do a new report. (Cool, huh?)

 

What we see is a continuing strong market for Ashland, but when I looked at the historical data, I see an interesting trend. Despite the strong demand for a year, average sale prices are down (25%) and even $/sq foot prices are down in Ashland over the last year. What gives? Well, average sale prices aren't a good indication of anything (only slightly worse than median sales prices, as noted in several of my posts). But it is surprising that $/sq foot is also down. Granted, it's not by much, just 4.5%, but that's more than I think it should be, based on the latest activity. My theory? With just the June closings in the books, we don't have enough recent sales to counteract the lower numbers (and good buys) that people negotiated at the beginning of the year/ last fall. So the next report should reflect rising numbers. We'll see if that's what happens.

 

 

 

 

Overall, the demand numbers in Ashland have been super strong - as shown by the HSI again over 100. That's a red hot market, and sellers with strong properties have had plenty of activity and offers. Buyers have seen the good ones go fast, but the market has moderated a bit of late, as is typical in the summer. Also note a big drop in foreclosures and short sales - from 11 properties down to 6 - which will be an interesting trend to watch to see if it continues throughout metrowest.

 

Ashland, MA Real Estate For Sale and Sold Market Statistics - Raw MLS Data

 

  • There are 57 homes listed as For Sale.
  • There have been 86 houses sold in the last 6 months, and 57 homes sold in the last 3 months.
  • There was an Average Market Time of 109 days for just SOLD homes.
  • There is an Average Market Time of 162 days of the homes For Sale.
  • The Dollars paid per Square Foot in Ashland, MA is $167 (vs. $175)
  • There was an Average Sold Price of $ 314,954 for sold homes.
  • Ashland, MA has 2 properties (vs. 5) advertised as lender owned/foreclosure (typically foreclosure) .
  • Ashland, MA has 4 properties (vs. 6) advertised as a shortsale is going to be needed by lender .
  • Ashland, MA “Hot Seller Index” (HSI): 103 Last Report: 88

 

 

Find Your Next Home or Check out the Competition!

 

 

*All statistics are for Single Family Houses and based on data in MLS.

 

Read my Explanation for Massachusetts Home Data Reports.

Our Most Requested Posts

About Matt Heisler

Matt Heisler is a real-estate professional and owner of this website. He has been selling homes in MA for buyers and sellers for over 20 years. He is an expert in foreclosure purchases, short-sale purchases, short-sale sales, buy and hold investing, fix and flip investing, and of course traditional residential home sales. He is happy to take questions as they pertain to real estate on Title V, Radon, Termites, Sump Pumps, Roofs, Foundations, Wells, Septic Systems, Cash-Flow, Staging, and a host of other housing issues. As a Vanderbilt University alumnus, he is proud to serve his local community.

Do Good Things Today! Matt Heisler

*All information is posted in good faith and is assumed to be reliable, but may rely on third party information sources.