Homes For Sale in Marlborough Market Report

Hudson and Marlborough often follow the same pattern, and they are definitely doing that at the moment. Marlborough is much bigger, but other than a much larger sales volume, we see the very same trends in place for home sales and home buyer demand.

With the HSI above 150, and the number

of home sales 40% above the recent high, prices

are under pressure in Marlborough

 

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

 

Things are strong; the number of homes for sale is down, sales are up (both records), and prices are up to. Clearly the rising prices are moving everyone up at this point, at least east of 495 (and some towns beyond.).

 

Find Your Next Home or Check out the Competition!

There is also some bank impacted inventory here - about 10% - which is higher than we are seeing in the other markets. Hudson was high too, so this is now a stat I will be looking for as we go forward.

 

 

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

 

  • Marlborough “Home Seller Index” (HSI)155: Last Report:137
  • There are 73 homes listed as For Sale in Marlborough.

    Red is also the color of the Marlborough

    Housing Market.  It's Hot!
  • There have been 244  houses sold in the last 6 months, and 121  homes sold in the last 3 months.
  • The Average number of Days on Market was 74 days for just SOLD homes.
  • There is an Average Market Time of 141 days of the homes For Sale (currently for sale).
  • The amount that was paid in Dollars per Square Foot averaged $170   (vs. $161 )
  • There was an Average Sold Price of $334,541 for sold homes.
  • Marlborough, MA, has 6 properties (vs. 2 in the last report) advertised as lender owned/foreclosure (typically foreclosure) .
  • Marlborough 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. Matt’s HSI is proprietary.

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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.

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*All information is posted in good faith and is assumed to be reliable, but may rely on third party information sources.