Natick Housing Market Statistics Overview

Despite drops in many of the key statistics, Natick remains on fire for sellers, and a difficult market for buyers. Why are all the statistics down? There simply haven't been enough houses.

 

.		Population	Active  Homes for  Sale	Per Capita  Homes for  Sale
.	Natick	32,338	57	0.18%
.	Holliston	13,547	53	0.39%
.	Medfield	12,024	60	0.50%
.	Hopkinton	12,628	67	0.53%
.	Southborough	9,724	54	0.56%
.	Sudbury	17,714	110	0.62%
.

Be prepared to Crack that Piggy Bank to Purchase your Desired Home In Natick.

If we look at this list, which shows the active inventory in Natick and some surrounding towns, we see that it far and away has the fewest number of homes per person.  In fact, Natick's per capita is less than HALF of the next closest town, Holliston, and about a third of the other towns that are pretty tight.  That makes competition for those homes even greater than they would normally be, as people looking to stay in Natick pay premiums and keep new potential residents on the sidelines.  Bargain hunters, Natick is probably not where you want to be.  Now, if you're in Natick and you're thinking about selling, get that sign on your lawn ASAP!

 

 

I think most buyers are simply going to start looking in other towns where the availability is better. Natick has been too tight, too long, people will either have to go elsewhere or really keep pushing prices up, and they're pretty high already, relative to the surrounding communities.

 

In a similar vein, there's few foreclosures or short-sales in Natick. The good prices are making quick work of those homes.

 

 

Natick Housing Market Statistics - Raw MLS Data

 

• There are 57 homes (vs. 73 home in the last Natick Home Sales report) listed as For Sale.
• There have been 152 houses (vs. 200) sold in the last 6 months, and 85 homes sold in the last 3 months (vs. 97).
• There was an Average Market Time of 80 days for just SOLD homes.
• There is an Average Market Time of 140 days of the homes For Sale.
• The Dollars paid per Square Foot in Natick is $228 (vs. ) $231
• There was an Average Sold Price of $453,110 for sold homes.
• Natick has 1 properties (vs. 3) advertised as lender owned/foreclosure (typically foreclosure) .
• Natick has 3 properties (vs. 4) advertised as short sales required by lender .
• Natick “Hot Seller Index” (HSI): 136 Last Report: 137

 

 

*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.

Do Good Things Today! Matt Heisler

*All information is posted in good faith and is assumed to be reliable, but may rely on third party information sources.