Clinton Housing Market Statistics Overview
We see some typical patterns in Clinton. Homes for sale are down sharply, about 20%, but that will rebound some as we go through the month. Sales stayed solid through the last three months, actually gaining on the late summer sales, which is pretty impressive. The market is very balanced, which is a good showing for Clinton, as last year wasn't the best one for Clinton home sellers. It certainly looks like buyers, as they usually do, finally caught up to the values in Clinton and made good purchases as the inventory got much tighter to the East and South.
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Bank impacted homes are up, affecting an already tight market. With 11 homes (7 foreclosures and 4 short-sales) out of just 55 homes for sale being affected by lenders, that really limits the market for regular home sellers who should benefit by increased demand. The average foreclosure is just $150,000, 100K below the average town sale price, but these homes are likely in need of immediate work and aren't for everyone.
Clinton Housing Market Statistics - Raw MLS Data
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'Clever like a Fox' Home Buyers sniffed out the values in Clinton. Without more home sellers, good deals will become harder to find. |
- There are 53 homes listed as For Sale (vs. 66 in the last Clinton Home Sales Report).
- There have been 56 houses sold in the last 6 months, and 33 homes sold (vs. 29) in the last 3 months.
- There was an Average Market Time of 120 days for just SOLD homes.
- There is an Average Market Time of 155 days of the homes For Sale.
- The Dollars paid per Square Foot in Clinton is $120
- There was an Average Sold Price of $226,688 for sold homes.
- Clinton has 7 properties (vs. 6) advertised as lender owned (typically foreclosure) .
- Clinton has 4 properties (vs. 3) advertised as short sales required by lender .
- Clinton “Hot Seller Index” (HSI): 82 Last Report: 74
*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.
