- Framingham, MA has 168 (vs. 182 in last report) single family homes listed as Active
- Framingham, MA had 240 single family sales (vs. 269) in the last 6 months, and 27 single family sales last month
- Framingham, MA had 15 single family homes in pending last month
- Framingham, MA has an Average Market Time of 95 days (vs. 88) for sold properties
- Framingham, MA has an Average Sold Price of $ 329,000 for sold properties
Framingham continues to be tight, as sales continue to put pressure on prices. Inventory actually shrunk in this report, but that was mostly offset by a similar reduction in sales. The Days on Market and tight Active/solds ratio identifies Framingham as one of the tightest markets in Metrowest. Potential sellers should consider listing their homes to take advantage of the imbalance, buyers should be aware that the most attractive properties will go quickly, and could be competitive if they are well priced, and they should be aggressive accordingly. Prices in Framingham have moved well off the lows, and look poised to continue gains into 2011.
For more detailed reporting, including breakdowns by price range, contact me directly!
Last Framingham Report is HERE
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Matt Heisler is a real-estate professional and owner of Heisler & Mattson Properties. He has been selling residential real-estate for over 10 years. He has given several talks on real estate, including presentations on first-time buyer tips & tricks, and profiting in real estate investing in Massachusetts. As a Vanderbilt University alumnus, he is proud to serve his local community.
*All information is posted in good faith and is assumed to be reliable, but may rely on third party information sources.