Homes For Sale in Framingham Market Report
Perhaps, I thought, Framingham might cool off in the fall. After all, it is a seasonal slow spot. But Framingham is just too hot.
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New graph style! Cool right? Sales (yellow) are down, but so are actives (green) - having fallen 67% since July of 2011. |
Can’t see the chart? You can find it Here .
Yes, technically the HSI fell 6 points, but it's over 200, and since sales have fallen by over 100 houses, it would make sense that things would be cooler. Except that the active properties have ALSO fallen, and that means the status quo remains.
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Home Buyers will have a very difficult time in Framingham, and as before in the last report, I would encourage you to keep your options open. Although prices stalled in the last 3 months, with so little inventory, the stage is set for more price ranges, with this type of demand. Might be a good time to look around. Home Sellers, on the other hand, don't need to wait for the leaves and flowers. The buyers are ready for you right now.
Framingham Houses For Sale and Sold Market Statistics - Raw MLS Data
- Framingham‘s “Home Seller Index” (HSI): 212 Last Report: 218
- There are 71 homes listed as For Sale in Framingham.
Home Buyers may feel that finding the right
house in Framingham is quite the puzzle to solve.
- There have been 365 houses sold in the last 6 months, and 166 homes sold in the last 3 months.
- The Average number of Days on Market was 61 days for just SOLD homes.
- There is an Average Market Time of 109 days of the homes For Sale (currently for sale).
- The amount that was paid in Dollars per Square Foot averaged $196 (vs. $198)
- There was an Average Sold Price of $370,833 for sold homes.
- Framingham, MA, has 1 properties advertised as lender owned/foreclosure (typically foreclosure) .
- Framingham has 8 properties advertised as a short-sale is going to be needed by lender.
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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.
