April

The Millis Mass Homes For Sale Market Report and Statistics

Millis has an unusual pricing trend.  The asking homes are selling for less, on average, than the homes that were just sold.  Why would this be?  Well, if homes that needed work weren't selling, and homes that were in move-in condition were, you'd see a trend like this.  Of course, it could just be that Millis is a small town and a few houses are messing up the data. 

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

The HSI is still strong, so the problem isn't demand.  Homes are still selling quickly, and prices remain under pressure.

What should potential home buyers do in Millis?

Home buyers in Millis should be aware that it is a very small market, so certain houses will go very quickly.  It is good to have a secondary town if you are looking in Millis.

Find Your Next Home or Check out the Competition!

What should future home sellers do in Millis?

Home sellers will see homes selling at record prices, and strong demand at their open houses.  However, the data suggests that if you home needs substantial work, you may not attract strong bids - or any bids at all.

Millis Homes For Sale and Sold Market Statistics - MLS Data

  • The Millis “Home Seller Index” (HSI): 240 Last Report: 186
  • There are 14 homes currently listed as For Sale by Home Sellers.
  • In Millis there have been 60 houses sold in the last 6 months, and 35 homes sold in the last 3 months.
  • The Average number of Days on Market (DOM) was 31 days for the last 6 months of SOLD homes In Millis.
  • Homes for sale have been looking for buyers for an average of 37 days (the homes currently for sale).
  • The amount that was paid by Home buyers in Dollars per Sq. Ft. averaged $244 (vs. $245 in the last report)
  • Current home sellers are looking for $ 233 /sq foot
  • There was an Average Sold Price of $491,357 .
  • Millis, MA, has 0 properties advertised as lender owned or foreclosure (typically foreclosure) .
  • There are 0 properties advertised as a short-sale is going to be needed by the lender.

All raw data are for Single Family Houses and based on data in MLS. Matt’s HSI is proprietary*, and is designed to offer town-by-town information, instead of large scale trends. *That means you won’t find it anywhere else. Take that, Case-Schilling!.

Top Reads at Heisler & Mattson Properties