The Marlborough Homes For Sale Market Report

Most people do think the real estate market is the same everywhere, or mostly the same, but it only is at a high level. If you look close - and I do - you see some pretty interesting differences. Yesterday we looked at Hudson, a neighboring town to Marlborough that competes for buyers, and we saw strong numbers, with a even stronger rise in prices. Not so with Marlborough. Here:

 

 

 

OK, well that looks kinda similar, right? I mean, they both have HSI in the low 90's. But they got there very different ways. Marlboroughs "active homes for sale" has been on a steady downward trend from 142 to the current 99. Sales have been pretty steady, but the decline in inventory has been making things better for home sellers. Still though - Marlborough prices have remained steady - at $157/ sq foot, there's no real change from 18 months ago.

 

 

But with prices rising in Hudson (and elsewhere) that means Marlborough has been getting relatively cheaper. And that, generally means buyers will discover this relative bargain, and start to push prices up. So if Marlborough is on your home buying radar, now may be a great time to go look - before things get pricey. And if Hudson is on your radar, maybe take a look at Marlborough - you could find what you want there.

 

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

Declining Home Inventories in Marlborough indicate hotter things ahead for Home Sellers.

 

• There are 99  homes listed as For Sale.
• There have been 139  houses sold in the last 6 months, and 84  homes sold in the last 3 months.
• The Average number of Days on Market was 120 days for just SOLD homes.
• There is an Average Market Time of 153 days of the homes For Sale (currently for sale).
• The Dollars paid per Square Foot in Marlborough MA is $157  (vs. $156 in the last report )
• There was an Average Sold Price of $285,860 for sold homes.
• Marlborough has 9 properties (vs. 3) advertised as lender owned/foreclosure (typically foreclosure) .
• Marlborough has 11 properties (vs. 10) advertised as a short-sale is going to be needed by lender .
• Marlborough “Home Seller Index” (HSI): Last Report:

 

 

*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.