The Millis Homes For Sale Market Report

The number of homes for sale has plummeted in Millis, which currently just has 13 homes for sale. Yes, Millis is a small town, but 13 houses? In the whole town? That's tight inventory. With things so hot, home sellers should be getting aggressive with prices, and we see that they are - $/sq foot is up over $15, a huge jump in a short time. This is another report showing huge jumps in prices, so the trend continues.

 

 

Note: The chart above updates automatically with each new post, so make sure the comments you are reading line up with the time the post was published.

The HSI actually jumped to a Millis record of 174 - pretty nuts - but it's a small town, so I find that less shocking than the number Framingham put up in the last report. Still got my eyes popping out over that

Millis Housing Market is HOT!

report, and guess what's next up? Natick, which has lead the pack for almost two years.

 

Can they beat 189? We will see this week.

 

 

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

 

• There are 13 homes listed as For Sale in Millis.
• There have been 45 houses sold in the last 6 months, and 34 homes sold in the last 3 months.
• The Average number of Days on Market was 120 days for just SOLD homes.

  Lots of folks are on the beach.  Home Buyers in Millis are not!

• There is an Average Market Time of 44 days of the homes For Sale (currently for sale).
• The amount that was paid in Dollars per Square Foot averaged $191 (vs. $176)
• There was an Average Sold Price of $366,993 for sold homes.
• Millis ,MA, has 0 properties advertised as lender owned/foreclosure (typically foreclosure) .
• Millis has 0 properties advertised as a short-sale is going to be needed by lender .
• Millis “Home Seller Index” (HSI):174Last Report: 82

 

 

*All statistics are for Single Family Houses and based on data in MLS. Note, there will be a some what artificial jump in the rankings as the active status flag is being phased out. (this is a good thing, but will screw up my data sets).

More Great Reads!

• 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?
• How do I get rid of PMI on my mortgage payment?
• 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.