Analysis of Milford Housing Market Statistics
Milford, like many other Metrowest towns, has seen stronger than expected sales activity this summer. The buyers kept grabbing inventory well into August, resulting in stronger market for sellers more than expected for this time of year. Milford is still a neutral market, however with more sales on the way, further tightening is possible.
Desirable homes are moving quickly. Price changes have been successful in luring buyers and making sales. Buyers are still being picky in each price range, but are making deals when motivated!
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Milford Housing Market Statistics - Raw Data
- There are 122 homes (vs. 131 in the Last Milford Home Sales Report) listed as For Sale.
- There have been 109 houses sold (vs. 86) in the last 6 months, and 74 homes sold (vs. 60) in the last 3 months.
- There was an Average Market Time of 127 days for just SOLD homes.
- There is an Average Market Time of 132 days of the homes For Sale.
- There was an Average Sold Price of $254,468 for sold homes.
- Milford has 4 properties (vs. 4) advertised as lender owned (typically foreclosure) .
- Milford has 14 properties (vs. 17) advertised as short sales required by lender .
- Milford “Hot Seller Index”: 81 Last Report: 72
*All statistics are for Single Family Homes.
Read my Explanation for Massachusetts Home Data Reports.
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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.
