The Northborough Homes For Sale Market Report

Well, things have changed a little in Northborough, but not too much - we are still seeing Northborough lag behind some of it's borough brethren.

 

That means buyers should pay attention, as some of the best values in the area are in Northborough. With popular schools, and a good location, Northborough is surprisingly overlooked, and as a consequence has fallen on a "best values" list more than a couple of times. It's probably there again.

 

 

 

That's not to say the market is stagnant, it is moving, just not as fast as the super hot markets further east. Bank impacts look to be about the same, again, showing a little less upward pressure than elsewhere. In line with that is also that prices are firm, but not heading up as we've seen in many of the recent reports.

 

 

Northborough Houses For Sale and Sold Market Statistics - Raw MLS Data

Are those flowers I see?  Well, maybe not yet.

 

• There are 58 homes listed as For Sale in Northborough.
• There have been 76 houses sold in the last 6 months, and 47 homes sold in the last 3 months.
• The Average number of Days on Market was 125 days for just SOLD homes.
• There is an Average Market Time of 135 days of the homes For Sale (currently for sale).
• The amount that was paid in Dollars per Square Foot averaged (vs. )
• There was an Average Sold Price of $362,189 for sold homes.
• Northborough has 1 properties (vs. 2 in the last report) advertised as lender owned/foreclosure (typically foreclosure) .
• Northborough has 7 properties (vs. 8) advertised as a short-sale is going to be needed by lender .
• Northborough “Home Seller Index” (HSI): 91  Last Report:91

 

 

*All statistics are for Single Family Houses and based on data in MLS.

 

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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.