- Marlborough, MA has 108 (vs. 145 in last report) single family homes listed as Active
- Marlborough, MA had 120 (vs. 131) single family sales in the last 6 months, and 65 single family sales last 3 months
- Marlborough, MA has an Average Market Time of 117 vs. (103) days for SOLD properties
- Marlborough, MA has an Average Market Time of 179 days for ACTIVE properties
- Marlborough, MA has an Average Sold Price of $ 310,000 for sold properties
Last report available by clicking here
In Marlborough, the market momentum has softened. Market time for solds has risen steadily from the 90's to 117 days, and increase of a month in a short span of time. The actives have shrunk by 30%, so quickly in fact that it has altered the active solds ratio. Clearly, as often happens this time of year, many sellers, especially those with higher market times, are leaving the market for the season, no word yet on if they'll be back, but historically many return in the spring. Buyers should work with a Realtor who is comfortable shopping for off market properties, as there are likely 30-50 off market properties in the Marlborough area at this time. Sellers should watch the spring numbers carefully, as the limited inventory could support prices, even raise them, if the property shortage continues.
ALL REAL ESTATE IS LOCAL! No matter if your town is HOT or COLD, an agent who knows the market can help you position your home for sale. (That would be me.) For more detailed reporting, including breakdowns by price range, contact me 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 10 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.
