- Milford, MA has 90 homes ( vs. 97 in Milford's last report) listed as Active.
- Milford, MA had 73 houses (vs. 72) sold in the last 6 months, and 39 homes (vs. 33) sold in the last 3 months.
- Milford, MA has an Average Market Time of 113 days (vs. 103) for SOLD homes.
- Milford, MA has an Average Market Time of 174 days for ACTIVE homes.
- Milford, MA has an Average Sold Price of $262,065 for sold homes.
- Milford, MA has 4 properties advertised as lender owned (typically foreclosure) .
- Milford, MA has 14 properties advertised as short sales required by lender .
Question about the terms used here? Check my Explanation for Massachusetts Home Statistics. All statistics are for Single Family Homes.
Analysis of Housing Market Statistics
Milford, Massachusetts: A little pressure on the market due to the large number of short sales in Milford. It's about 15% of the inventory, which is a fair amount. Momentum has picked up, with sales in the last three months moving up significantly, showing the spring market is under way. Low prices are probably pushing the demand in Milford. Sold Days on Market indicates a tight market in Milford, and buyers should be aware that quality properties priced right are moving quick, and have been for several months.
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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.
