Clinton, MA Housing Market Statistics Overview

After a great report last time, Clinton has softened a little for sellers, as increase competition, i.e. more homes for sale, has made things more difficult. Much of the new competition is very recent - I counted 11 homes that were listed in the last week - but those fluctuations will put a damper in the HSI until the buyers grab them. Even though the numbers are down, the $/sq foot is steady, suggesting buyers are liking their options in Clinton. Clinton is very inexpensive for what you get, more buyers should consider it, it's a small town though, and often overlooked because it's not quite close enough to 495.

 

 

Interesting turn around in the foreclosure market - foreclosures being marketed are down sharply, over 50%, which is the exact opposite of what most of the pundits are saying should happen this year. Interestingly, and not for the first time, I've noticed that when a market seems to go through a stretch that is good for sellers, the short-sales increase - reflecting, I think, broker and seller optimism that buyers can be found for these properties. We see it here as well, as short-sales are up sharply. Net result is that banks still control a health 20% of the inventory, too much too put pressure on prices.

 

Clinton Housing Market Statistics - Raw MLS Data

 

 

Clinton Home Sellers are showing Optimism this Spring

 

• There are 64 homes (vs. 53 in the last Clinton Home Sales Report) listed as For Sale.
• There have been 51 houses sold (vs. 56) in the last 6 months, and 27 homes (vs. 33) sold in the last 3 months.
• There was an Average Market Time of 138 days for just SOLD homes.
• There is an Average Market Time of 132 days of the homes For Sale.
• The Dollars paid per Square Foot in Clinton is $119 (vs. $120)
• There was an Average Sold Price of $209,362 for sold homes.
• Clinton, MA has 3 properties (vs. 7) advertised as lender owned/foreclosure (typically foreclosure) .
• Clinton has 8 properties advertised (vs. 4) as short sale is going to be needed by lender .
• Clinton, MA “Hot Seller Index” (HSI): 72 Last Report: 82

 

 

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

 

Read my Explanation for Massachusetts Home Data Reports.

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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.

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