Analysis of Grafton Housing Market Statistics

Grafton has seen a nice uptick in sales which has improved the market for sellers.  With 15 homes at least selling by the next report, we could be seeing a much stronger market for sellers going forward.  Most of the data in this months report is unchanged- but the sales figures are up significantly across the board.  Market time is still showing that there's too much inventory here, but if the listings slow down, we'll see a neutral market pretty quickly.  Buyers should be aware that the nicest properties do have competition, but there are still some good properties that are being passed over by the overly picky (or frugal!).  Sellers should be aware that the improvement doesn't guarantee their home will sell, but priced right and staged properly it will attract attention. Lastly worth noting is that of the 11 short-sales, 7 have accepted offers, so the lender impact inventory is showing improvement. This report is dedicated to A.A., who requested a Grafton update this week.  Thanks for reading A.A!

 

Show Me Grafton, MA Homes for Sale

Grafton Housing Market Statistics - Raw Data

 

Everything is selling better in Grafton, MA

 

  • There are 128  homes (vs. 125 in the last home sales report for Grafton) listed as For Sale.
  • There have been 89 houses (vs. 69) sold in the last 6 months, and 66 homes (vs 43) sold in the last 3 months.
  • There was an Average Market Time of 183 days for just SOLD homes.
  • There is an Average Market Time of 233 days of the homes For Sale.
  • There was an Average Sold Price of $351,933 for sold homes.
  • Grafton has 2 properties (vs. 3)  advertised as lender owned (typically foreclosure) .
  • Grafton has 11 properties (no change) advertised as short sales required by lender .
  • Grafton “Hot Seller Index”: 70    Last Report: 62

 

 

*All statistics are for Single Family Homes.

 

Wondering about my Market Methodology? Read my Explanation for Massachusetts Home Data Reports.

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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 20 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.