The Millis Homes For Sale Market Report

At first blush, one might see the declining (sharply!) HSI and declare that Millis has cooled off. But as we know, you can't keep

selling houses if there are none to sell, and ultimately the market ran out of steam because there are not enough houses to keep the

terrific sales numbers we saw last year going.

 

 

Besides, Millis is a very small town, with limited inventory, so it is more normal for their numbers to jump around. Nevertheless, the market is more neutral at this point, with balance between buyers and sellers.

No change on the bank inventory, so we'll see how many seller come to Millis. Prices have not seen the upward push that we've seen in other towns, so buyers may want to put Millis on their list - their could be well-priced houses.

 

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

Home Buyers may save a little coin in Millis

 

• There are 21 homes listed as For Sale in Millis.
• There have been 28 houses sold in the last 6 months, and 11 homes sold in the last 3 months.
• The Average number of Days on Market was 137 days for just SOLD homes.
• There is an Average Market Time of 135 days of the homes For Sale (currently for sale).
• The amount that was paid in Dollars per Square Foot averaged $176 (vs. $180 )
• There was an Average Sold Price of $325,170 for sold homes.
• Millis has 0 properties (vs. 0 in the last report) advertised as lender owned/foreclosure (typically foreclosure) .
• Millis has 3 properties (vs. 3 in the last report) advertised as a short-sale is going to be needed by lender .
• Millis “Home Seller Index” (HSI):140 Last Report: 82

 

 

*All statistics are for Single Family Houses and based on data in MLS.

 

Our Most Requested Posts

• Massachusetts Property Tax Rates by Town
• How do I get the seller to pay my closing costs, and is it free money?
• What is pre-paid PMI, and is it a good deal?
• Should I use a buyer agent to buy a home? How does a buyer agent help me?
• Homestead laws have been improved for Home Owners! Read about your new options.
• When Should I do a Lead Paint Test on my Home
• Which is better, 2x4 or 2x6 home construction?

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.