April

The Natick Mass Homes For Sale Market Report and Statistics

The all important Natick report.  There's some good information here, let's get to the price chart.

Even though inventories remain tight, prices have stablizied - in fact, they have retreated some.  Sellers are following the market down.  This is despite lower interest rates last year, which should have pushed prices, and tightening inventories. This certainly indicates that the run is over in Natick, at least for now.  

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

The HSI looks good, as inventories remain tight.  But the transaction volume is falling, and that suggests that demand is weakening.  

What should potential home buyers do in Natick?

Recognize that the demand in this market is thinning.  Bidding wars are dying out. For underpriced homes, there will still be plenty of buyers and demand, but buyers are getting pickier and rational about housing. 

Find Your Next Home or Check out the Competition!

What should future home sellers do in Natick?

It may be that after COVID, we get a good buying bump.  But the peak for prices may have already passed, and more downward pressure is equally likely.  A surprising bump in foreclosures may be an indicator of price issues in Natick.

Natick Homes For Sale and Sold Market Statistics - MLS Data

  • The Natick “Home Seller Index” (HSI):  264 Last Report:176
  • There are 36 homes currently listed as For Sale by Home Sellers.
  • In Natick there have been 205 houses sold in the last 6 months, and 132 homes sold in the last 3 months.
  • The Average number of Days on Market (DOM) was 37 days for the last 6 months of SOLD homes In Natick.
  • Homes for sale have been looking for buyers for an average of 66 days (the homes currently for sale).
  • The amount that was paid by Home buyers in Dollars per Sq. Ft. averaged 317 (vs. 321 in the last report)
  • Current home sellers are looking for $ 322 /sq foot
  • There was an Average Sold Price of $ 711,666 .
  • Natick, MA, has 2 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!.

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