Millis Housing Market Statistics Overview
Millis has continued to improve, as the Hot Seller Index has moved up to 84, which indicates a neutral market that favors sellers of attractive neighborhood properties. Owners of those homes are seeing traffic, offers and sales.
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Millis is a small town, but the data has been quite steady this year. Like many of the towns we have profiled in the last month, we're not seeing new sellers appear - many must have decided to ride it out until next year. In the meantime, the sellers sticking it out will benefit, as limited choices will force motivated buyers in a hurry to make decisions with what is currently on the market.
No change in the foreclosure picture, and still no short-sales on the market in Millis.
Millis Housing Market Statistics - Raw MLS Data
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We'll call Millis Lukewarm in this report. |
- There are 32 homes (vs. 43 in the last Millis Home Report) listed as For Sale.
- There have been 43 houses sold (vs. 43) in the last 6 months, and 21 homes sold (vs. 26) in the last 3 months.
- There was an Average Market Time of 133 days for just SOLD homes.
- There is an Average Market Time of 167 days (vs. 197) of the homes For Sale.
- The Dollars paid per Square Foot in Millis is $171
- There was an Average Sold Price of $335,313 for sold homes.
- Millis has 0 properties advertised (vs. 0) as lender owned (typically foreclosure) .
- Millis has 3 properties advertised (vs. 3) as short sales required by lender .
- Millis “Hot Seller Index”: 84 Last Report: 79
*All statistics are for Single Family Houses and based on data in MLS.
Read my Explanation for Massachusetts Home Data Reports.
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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.
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*All information is posted in good faith and is assumed to be reliable, but may rely on third party information sources.
