March
The Marlborough Homes For Sale Market Report
Marlborough and Hudson look very similar - as they often do. Buyers often look at homes in both towns - so they keep the prices close to each other.
Can’t see the chart? You can find it Here .
Still, we can see the cooling off here as well from a scorcher of a market. Transaction volume remains the same, so listings are beginning to trickle on. Not enough to cool things off, but enough to move the market from impossible to difficult for buyers.
What should potential home buyers do in Marlborough?
Watch the prices! Marlborough has run a long way - it's a bit frothy here, and there are some towns that I think are more expensive - but may be a better value down the road.
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What should future home sellers do in Marlborough?
It's a great market for sellers. Prices are at all time highs, and there are still lots of buyers.
Marlborough Homes For Sale and Sold Market Statistics - MLS Data
- The Marlborough “Home Seller Index” (HSI): 270 Last Report: 365
- There are 39 homes currently listed as For Sale by Home Sellers.
- In Marlborough there have been 169 houses sold in the last 6 months, and 89 homes sold in the last 3 months.
- The Average number of Days on Market (DOM) was 22 days for the last 6 months of SOLD homes In Marlborough.
- Homes for sale have been looking for buyers for an average of 109 days (the homes currently for sale).
- The amount that was paid by Home buyers in Dollars per Sq. Ft. averaged $216 ( $207 vs. in the last report)
- Current home sellers are looking for $ 222 /sq. foot
- There was an Average Sold Price of $417,945 .
- Marlborough, MA, has 4 properties advertised as lender owned or foreclosure (typically foreclosure) .
- There are 0 properties advertised as a short-sale is going to be needed by the lender.
All raw data are for Single Family Houses and based on data in MLS. Matt’s HSI is proprietary*, and is designed to offer town-by-town information, instead of large scale trends. *That means you won’t find it anywhere else. Take that, Case-Schilling!.
An Educated Home Buyer is a Happy Home Owner. Read On!
- Practical steps to declutter your home and have it show it’s best!
- How can I buy an auction property if I don’t have cash?
- Are one bedroom condos or homes a good investment? It depends.
- Have a home? Quick 10 ways to save money!
- Can I win my bid war by dropping contingencies, and should I do that?
- Prices and assessments are up! Do you need to file an abatement?
- Upgrading a bath? Handy idea book here with many options to think about!
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.
*All information is posted in good faith and is assumed to be reliable, but may rely on third party information sources.
