Marlborough, MA Housing Market Statistics Overview

 

Marlborough has improved for sellers a bit, owing a bit to the spring buying splurge we've seen throughout Metrowest, but it remains a neutral market. The best homes are selling quickly, but there's not enough demand just yet to really put pressure on prices. Buyers should be prepared to move quickly for A condition properties in good locations, and sellers should get good traffic in all prices ranges.

 

 

In a surprising positive development for Marlborough housing, we see reductions in both foreclosures and short-sales in this report. They are still high - over 10% of the market, but have been cut significantly in this report, and that is certainly the right direction.

 

 

Marlborough Housing Market Statistics - Raw MLS Data

 

Buyers have been knocking on doors in Marlborough

 

• There are 119 homes (vs. 105 in the last Marlborough Homes for Sale Report) listed as For Sale.
• There have been 112 houses sold in the last 6 months, and 75 homes sold in the last 3 months.
• There was an Average Market Time of 127 days for just  SOLD homes.
• There is an Average Market Time of 139 days of the homes For Sale.
• The Dollars paid per Square Foot in Marlborough, MA is $152 (vs. $154 )
• There was an Average Sold Price of $290,478 for sold homes.
• Marlborough, MA has 4 properties advertised (vs. 6) as lender owned/foreclosure (typically foreclosure) .
• Marlborough has 10 properties advertised (vs. 15) as short sale is going to be needed by lender .
• Marlborough, MA “Hot Seller Index” (HSI): 82 Last Report: 72

 

 

*All statistics are for Single Family Houses and based on data in MLS.

 

Read my Explanation for Massachusetts Home Data Reports.

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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.