Homes For Sale in Boylston Market Report
Continuing with our look at the quieter northern towns, we take a peek at Boylston, and the results are a bit of a surprise.
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The HSI rises to a record - showing demand strengthening, even if prices are off from their recent highs. |
Can’t see the chart? You can find it Here .
What we see is that the HSI is telling us that Boylston is heating up - not cooling down - as other towns are. Sure, it was starting from a lower base (95), but the trend is interesting. It looks like slightly lower prices may have done the trick, as sales have kept up despite the unattractive weather we've been having. Sales continue to outpace listings, and that is generally bullish for prices, especially at these levels. Home sellers with ready to move in houses should be pushing the limits in Boylston!
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The question becomes: Are there more buyers that are just waiting for the spring influx in inventory? Are there new buyers that haven't even ventured out yet? These are questions that the report can't tell us - but an HSI of 120 indicates that is probably the case. With just 15 homes on the market at the moment, there's little to choose from - even motivated buyers maybe forced to wait.
Boylston Recent Houses For Sale and Sold Market Statistics - Raw MLS Data
- Boylston‘s “Home Seller Index” (HSI): 122 Last Report: 95
- There are 15 homes listed as For Sale.
- There have been 40 houses sold in the last 6 months, and 24 homes sold in the last 3 months in
Boylston.
Home Sellers sharped their pencils in Boylston,
and home buyers responded by writing offers.
- The Average number of Days on Market was 162 days for just SOLD homes.
- There is an Average Market Time of 185 days of the homes For Sale (currently for sale).
- The amount that was paid in Dollars per Square Foot averaged $165 (vs. $170 )
- There was an Average Sold Price of $435,565 for sold homes.
- Boylston ,MA, has 0 properties advertised as lender owned or foreclosure (typically foreclosure) .
- Boylston has 1 properties advertised as a short-sale is going to be needed by lender.
*All statistics are for Single Family Houses and based on data in MLS. Matt’s HSI is proprietary. (That means you won’t find it anywhere else. Take that, Case-Schilling!).
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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.
