Homes For Sale in Milford Market Report

Checking in to Milford this week we see a pretty typical report.

Can’t see the chart? You can find it Here .

We see that the number of houses for sale is again at a low since we've been tracking. Prices are up a bit. But sales volume is slowing, and as a result we are seeing a lower HSI. Things are still good for home sellers in Milford - they are better than they have been in years - but I do see some signs that maybe prices could stabilize here. Like many of the towns I track, if there is a sustained buyer push - without new inventory of homes for sale - than prices will keep pushing.

 

 

Find Your Next Home or Check out the Competition!

I'm starting to think that this year is going to have 3-4 really great months for both buyers and sellers - but February isn't going to be one of them. March maybe though. We will see!

 

Downtown Milford has many architectural

interesting buildings.

 

 

Milford Houses For Sale and Sold Market Statistics - Raw MLS Data

 

  • Milford‘s “Home Seller Index” (HSI): 120 Last Report: 139
  • There are 50 homes listed as For Sale.
  • There have been 121 houses sold in the last 6 months, and 54 homes sold in the last 3 months in Milford.

    Ahh.  I feel warmer already.  Maybe the potential

    home sellers are all on vacation too?  They aren't in Milford,

    that's for sure.
  • The Average number of Days on Market was 94 days for just SOLD homes.
  • There is an Average Market Time of 140 days of the homes For Sale (currently for sale).
  • The amount that was paid in Dollars per Square Foot averaged $153 (vs. $150 )
  • There was an Average Sold Price of $275,212 for sold homes.
  • Milford, MA, has 1 properties (vs. zero) advertised as lender owned or foreclosure (typically foreclosure) .
  • Milford has 5 properties (vs. 7 in the last report) 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. (That means you won’t find it anywhere else. Take that, Case-Schilling!).

 

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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.

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*All information is posted in good faith and is assumed to be reliable, but may rely on third party information sources.