Homes For Sale in Milford Market Report
Milford Continues to climb, as the the HSI approaches 140. Not quite there yet. Do we see rising prices? Yes we do. But not a sharp a rise as we've seen in other towns.
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Home Sales hit a record by breaking through 150 sales in the last six months. Homes for Sale Inventory remains near the low point. |
Can’t see the chart? You can find it Here .
Prices rising more slowly means that Milford remains a good value, and I expect inventory to remain tight until prices rise enough to level things off. No sign that's happening yet.
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We also see a dramatic increase in the number of short-sales. This is a pattern we saw in a lot of towns a year ago, as agents realized that the bank's appetite for these transactions had markedly increased. This could just be a flaky data point, but it's worth noting. No foreclosures currently available in Milford.
Milford Houses For Sale and Sold Market Statistics - Raw MLS Data
- Milford “Home Seller Index” (HSI):139 Last Report: 132
- There are 61 homes listed as For Sale in Milford.
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Milford, MA fire department downtown. |
- There have been 165 houses sold in the last 6 months, and 96 homes sold in the last 3 months.
- The Average number of Days on Market was 82 days for just SOLD homes.
- There is an Average Market Time of 102 days of the homes For Sale (currently for sale).
- The amount that was paid in Dollars per Square Foot averaged $150 (vs. $148 )
- There was an Average Sold Price of $280,379 for sold homes.
- Milford, MA, has 0 properties (vs. 1 in the last report) advertised as lender owned/foreclosure (typically foreclosure) .
- Milford has 7 properties (vs. 3) advertised as a short-sale is going to be needed by lender.
*All statistics are for Single Family Houses and based on data in MLS. Matt’s HSI is proprietary.
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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.
