The Northbridge, MA Homes For Sale Market Report
Things in Northbridge for Home Sellers are definitely picking up, as we see the HSI move from an unimpressive 79 to a more encouraging 86. Buyers can still find values in Northbridge, but prices seem to be on the rise. Also, with market time at 145 days, things aren't moving as quickly here, but they are moving.
As we've seen else where, inventory is dropping, sharply since the last report, with the number of homes for sale at it's lowest level in the chart.
A quick note that the days on market for active properties is above 300 days - which looks very scary, but three listings for new construction are at 2000 days plus, and if you take them out, it's at 200 days, which is more representative of the market in general. Sellers in desirable properties that are priced at market will see quick sales, and lots of traffic.
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Note the big drop in foreclosures, but short-sales have actually increased a bit. Decreasing foreclosures is a good sign for sellers.
Northbridge, MA Houses For Sale and Sold Market Statistics - Raw MLS Data
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Ahh, early spring in New England. Thanks mother nature. |
- There are 61 homes listed as For Sale in Northbridge, MA.
- There have been 91 houses sold in the last 6 months, and 49 homes sold in the last 3 months.
- The Average number of Days on Market was 145 days for just SOLD homes.
- There is an Average Market Time of 300 days of the homes For Sale (currently for sale).
- The amount that was paid in Dollars per Square Foot averaged $146 (vs. $140 )
- There was an Average Sold Price of $293,391 for sold homes.
- Northbridge, MA has 1 properties (vs. 4 in the last report) advertised as lender owned/foreclosure (typically foreclosure) .
- Northbridge, MA has 9 properties (vs. 8) advertised as a short-sale is going to be needed by lender .
- Northbridge, MA “Home Seller Index” (HSI):86 Last Report: 79
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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.
