Homes For Sale in Grafton Market Report

OK, Grafton continues to chug along. There is actually very little that has changed since the last report. Here's the chart:

 

The Home Seller Index remains above 100 - and prices are rising, as home sales soar.

 

Can’t see the chart? You can find it Here .

 

We see that sales vs. actives remains unbalanced. Worthy of note is that the prices are up sharply in this report - after falling slightly in the last report ($165) they have jumped up to $178. That would be worth of more discussion, but these $10 jumps are seen in many of my recent reports, so this is just more confirmation that a rising tide lifts all boats. Here's another way of looking at it.  It took 18 months, from January 2011 to July 2012, for prices to move $8/sq foot.  But it 3 months to move it $13 this year.  That is a major move.

 

No real news on the bank impacted front. Still some short-sales, but this market has much improved for sellers this year.

 

 

Grafton Houses For Sale and Sold Market Statistics - Raw MLS Data

 

• Grafton “Home Seller Index” (HSI): 109 Last Report:110 
• There are 95 homes listed as For Sale in Grafton.

  Skies are Blue in Grafton for Home Sellers, as prices have started to move.

• There have been 164 houses sold in the last 6 months, and 98 homes sold in the last 3 months.
• The Average number of Days on Market was 80 days for just SOLD homes.
• There is an Average Market Time of 220 days of the homes For Sale (currently for sale).
• The amount that was paid in Dollars per Square Foot averaged $178 (vs. $165)
• There was an Average Sold Price of $408,809 for sold homes.
• Grafton, MA, has 0 properties (vs. zero in the last report) advertised as lender owned/foreclosure (typically foreclosure) .
• Grafton has 3 properties advertised as a short-sale is going to be needed by lender .

 

 

*All statistics are for Single Family Houses and based on data in MLS. Note, there will be a some what artificial jump in the rankings as the active status flag is being phased out. (this is a good thing, but will screw up my data sets).

 

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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.