Analysis of Marlborough Housing Market Statistics
Marlborough, Massachusetts: Well a big jump in inventory and a small bump in Sales has the Marlborough market looking quite a bit cooler. There's not quite enough demand to keep up with the inventory, but we have started to see sales percolate and listings slow down, so I think the next 45 days will tell the tape of the market in Metrowest. As far as Marlborough however, if you're a potential buyer, the influx of inventory could mean lots of choices for you. There's still over 10% short-sale inventory in Marlborough, and Foreclosures are up too - and that's enough distressed inventory to keep a lid on prices.
Show Me Marlborough, MA Homes for Sale
Marlborough MA Housing Market Statistics
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Inventory is Blooming in Marlborough |
- Marlborough, MA has 152 homes (vs. 117 in the last Marlborough Home Sales Report) listed as Active.
- Marlborough, MA had 109 houses (vs. 126) sold in the last 6 months, and 64 homes (vs. 58) sold in the last 3 months.
- Marlborough, MA has an Average Market Time of 133 days for SOLD homes.
- Marlborough, MA has an Average Market Time of 158 days for ACTIVE homes.
- Marlborough, MA has an Average Sold Price of $291,004 for sold homes.
- Marlborough, MA has 7 properties (vs. 4) advertised as lender owned (typically foreclosure) .
- Marlborough, MA has 18 properties (vs. 17) advertised as short sales required by lender .
*All statistics are for Single Family Homes.
Wondering about my Market Methodology? Read my Explanation for Massachusetts Home Statistics.
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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.
