Analysis of Millis, MA Housing Market Statistics

Millis has improved, but mostly held steady since the last report. There's a few properties inflating some of the Days on Market stats, but for the most part, a neutral market, favoring neither buyers or sellers, is in Millis. Things may improve a bit as a few sales are pending and not included in this report, depending on how much fall inventory shows up. Distressed sales are down sharply, showing good risk appetite and buyer willingness to do hard deals in Millis, good signs going forward.

 

 

Millis, MA Housing Market Statistics - Raw Data

 

 

 

 

Millis, Massachusetts is a neutral

real estate market.
  • There are 43 (vs. 48 in the last Millis home sales report) homes listed as For Sale.
  • There have been 43 houses (vs. 35) sold in the last 6 months, and 26 homes (vs. 23) sold in the last 3 months.
  • There was an Average Market Time of 122 days for just SOLD homes.
  • There is an Average Market Time of 197 days of the homes For Sale.
  • There was an Average Sold Price of $327,414 for sold homes.
  • Millis, MA has 0 properties (vs. 1) advertised as lender owned (typically foreclosure) .
  • Millis, MA has 3 properties (vs. 5) advertised as short sales required by lender .
  • Millis, MA “Hot Seller Index”: 79 Last Report: 74

 

 

*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.