- Marlborough, MA has 117 homes (vs 121 in the last Marlborough Home Sales report) listed as Active.
- Marlborough, MA had 126 houses (vs. 115) sold in the last 6 months, and 58 homes (vs. 56) sold in the last 3 months.
- Marlborough, MA has an Average Market Time of 126 days for SOLD homes.
- Marlborough, MA has an Average Market Time of 189 days (vs. 179) for ACTIVE homes.
- Marlborough, MA has an Average Sold Price of $ 292,510 for sold homes.
- Marlborough, MA has 4 properties advertised as lender owned (typically foreclosure) .
- Marlborough, MA has 17 properties advertised as short sales .
Question about the terms used here? Check my Explanation for Massachusetts Home Statistics. All statistics are for Single Family Homes.
Analysis of Housing Market Statistics
Marlborough, Massachusetts: Very few lender owned properties in Marlborough, much lower than in the past, and should provide a good spring board for prices this spring. The report looks like a move sideways from the previous report, but I looked at the pendings (not shown here) and we could see a real tightening in the next report, as approximately 17 (about 18%) of the inventory is already sold. With the buyer demand out there, but hitting slowly, not in a rush like last year, buyers have been able to get the prices they want. I'm not sure how that will play out if they pick up the pace. Add Marlborough to the other towns we've already marked as competitive for buyers alongside Ashland, Hopkinton, Holliston, and Hudson.
ALL REAL ESTATE IS LOCAL! No matter if your town is HOT or COLD, a real estate agent who knows the market can help you position your home for sale. (That would be me.) For more detailed reporting on home selling, including breakdowns by price range, contact Matt Heisler of Heisler & Mattson directly!
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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.
