The Marlborough, MA Homes For Sale Market Report
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At first glance, we don't see much difference from the last report - Marlborough continues to be neutral, as the HSI in Marlborough has really held steady for the last year with just a little slow down in February. The market is actually a little hotter for property in Marlborough than it might appear - the number of pending is very strong for August. I'd bet there's quite a few spring time frustrated buyers happy to find some value in Marlborough. The $/sq foot numbers though show prices are moving up - they are near the highs since we've been tracking - as we've seen throughout Metrowest in these reports. Buyers should expect the market to be well looked at - but there are probably a few values left to be had. Sellers: You're still getting good traffic this month, it should get better after labor day.
Marlborough, MA Real Estate For Sale and Sold Market Statistics - Raw MLS Data
- There are 123 homes listed as For Sale.
- There have been 130 houses sold in the last 6 months, and 75 homes sold in the last 3 months.
- There was an Average Market Time of 131 days for just SOLD homes.
- There is an Average Market Time of 150 days of the homes For Sale.
- The Dollars paid per Square Foot in Marlborough is (vs. $156 vs. $152 )
- There was an Average Sold Price of $292,752 for sold homes.
- Marlborough, MA has 3 properties (vs. 4) advertised as lender owned/foreclosure (typically foreclosure) .
- Marlborough, MA has 10 properties (vs. 10) advertised as a shortsale is going to be needed by lender .
- Marlborough, MA “Hot Seller Index” (HSI): 81 Last Report: 82
*All statistics are for Single Family Houses and based on data in MLS.
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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.
