Marlborough Housing Market Statistics Overview

Leaves may be falling, but prices are not,

as Marlborough, MA stays solid through the fall

A ton of short-sale homes are clogging up the inventory in Marlborough, we'll see if those move off as we approach year end. Most of the report is fairly neutral - homes for sale is quite a bit tighter, but the momentum of sales has slacked, suggesting that further tightening may not be in the cards. Good jump in the average sold price shows the summer market stayed strong, and with little inventory overhang, things could be quite bright in 2012.

 

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Marlborough Housing Market Statistics - Raw MLS Data

 

 

  • There are 120 homes (vs. 140 in the last Marlborough Home Sales report) listed as For Sale.
  • There have been 140 houses sold (vs. 138) in the last 6 months, and 70 homes sold in the last 3 months.
  • There was an Average Market Time of 136 days for just SOLD homes.
  • There is an Average Market Time of 181 days of the homes For Sale.
  • There was an Average Sold Price of $295,306 for sold homes.
  • Marlborough has 4 properties advertised as lender owned (typically foreclosure) .
  • Marlborough has 17 properties advertised as short sales required by lender .
  • Avg. Sale$/SqFt: $158
  • Marlborough “Hot Seller Index”: 79 Last Report: 81

 

 

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

 

Read my Explanation for Massachusetts Home Data Reports.

 

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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.