The Framingham Homes For Sale Market Report
Framingham continues to improve for sellers, and put a hurtin' on buyers. The HSI moved up, impressively, to 118, where it will probably peak for the year, but what a peak! Home sales average just 84 days on market,
Find Your Next Home or Check out the Competition!
and you can also see that in the average days on the market for the actives - just 135. With houses not sitting around, that means sellers aren't going to be giving away the store - expect tough negotiations with sellers. Clearly, if you have a good condition, good location home you want to sell you can!! And, you should be looking to "test" the market upwards - it's likely there's buyers out there who are willing to push up based on this data.
The foreclosures are back - but modestly so - at just four. Short-sale stay the same. Pending home sales are strong, and this data will keep looking good through the end of the year, even if it cools off a bit.
Framingham Houses For Sale and Sold Market Statistics - Raw MLS Data
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Home Buyers are Knocking On Doors |
- There are 164 homes (vs. 165 in the last report listed as For Sale.
- There have been 339 houses sold (vs. 307) in the last 6 months, and 189 homes sold in the last 3 months.
- The Average number of Days on Market was 84 days (from 101) for just SOLD homes.
- There is an Average Market Time of 135 days of the homes For Sale.
- The Dollars paid per Square Foot in Framingham is $177 (vs. $174 )
- There was an Average Sold Price of $340,499 for sold homes.
- Framingham has 4 properties (vs. 0) advertised as lender owned/foreclosure (typically foreclosure) .
- Framingham has 19 properties (vs. 19) advertised as a short-sale is going to be needed by lender .
- Framingham “Hot Seller Index” (HSI): 118 Last Report: 114
*All statistics are for Single Family Houses and based on data in MLS.
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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.
