Homes For Sale in Natick Market Report
As regular followers know, Natick has been leading the way when it comes to the metrics. Here we have another strong report, depsite a fall in the HSI by over 100 points.
Can’t see the chart? You can find it Here .
Yes, you read that right. The Home Selling Index is down 100 points, and yet it remains in the rarefied air above 200, and currently transaction volume is accelerating.
But it doesn't have far to go - there's really not enough active properties to keep pushing it. One surprise is that prices went higher - but just barely - continuing my confusion over why sellers are not asking for more. They should be - they'll get it.
What should home buyers do in Natick?
Buyers should be prepared for higher prices, competitive bids, and overall a very difficult market. I would probably explore additional towns, especially since all the rest are far more accommodating this spring.
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What should home sellers do in Natick?
Two words: List higher! Add 10K-20k to what you think is fair. The market is signaling it wants to go up, you should strategize accordingly. Not sure why you haven't already (I guess because you don't read the blog!!).
Natick Recent Houses For Sale and Sold Market Statistics - Raw MLS Data
- Natick‘s “Home Seller Index” (HSI): 210 Last Report: 321
- There are 55 homes listed as For Sale.
- There have been 227 houses sold in the last 6 months, and 165 homes sold in the last 3 months in Natick.
Spring is here! No signs of trouble in Natick, unless
you are a home buyer.
- The Average number of Days on Market was 46 days for just SOLD homes.
- There is an Average Market Time of 64 days of the Natick homes For Sale (currently for sale).
- The amount that was paid in Dollars per Square Foot averaged $265 (vs. $264)
- There was an Average Sold Price of $528,496 for sold homes.
- Natick, MA, has 0 properties advertised as lender owned or foreclosure (typically foreclosure) .
- There are 1 properties advertised as a short-sale is going to be needed by the lender.
*All statistics are for Single Family Houses and based on data in MLS. Matt’s HSI is proprietary. (That means you won’t find it anywhere else. Take that, Case-Schilling!).
More Great Reads!
- Quick reference guide for buyers and sellers
- Current Massachusetts Smoke Detector Laws Explained. Read -before - you go to the hardware store.
- How do I calculate true mortgage closing costs?
- What should I know before buying a new construction house or condo?
- What exactly is the state of Massachusetts 40B zoning?
- A look at some of the hottest towns to buy real estate in Massachusetts.
- What is a mortgage commitment letter and why is it important?
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.
*All information is posted in good faith and is assumed to be reliable, but may rely on third party information sources.
