Northbridge, MA Housing Market Statistics Overview
Northbridge offers a report that's little changed from the last report. We have some new construction moving slowly through the statistics, and the market is unlikely to tighten until that's all absorbed. (There's about 24 new construction homes in the data). We'll probably see a bunch of those go late this spring, but for now, they push all the numbers up, making the HSI fall, and putting pressure on seller's prices. Buyers can use the market softness to get a little more push behind their offers, as everyone needs to compete with the newer subdivisions.
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Things are looking better on the bank side though, with drops in the foreclosures on the market and the short-sales down significantly as well. Good to see, they were on the high side in Northbridge.
Northbridge Housing Market Statistics - Raw MLS Data
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An Early Spring may Bring Home Buyers as well as Flowers this year. |
- There are 84 homes listed as For Sale (vs. 81 in the last Northbridge Real Estate Data Summary).
- There have been 54 houses sold in the last 6 months, and 26 homes sold in the last 3 months.
- There was an Average Market Time of 121 days for just SOLD homes.
- There is an Average Market Time of 262 days of the homes For Sale.
- The Dollars paid per Square Foot in Northbridge, MA is $141 (vs. ) $147
- There was an Average Sold Price of $237,254 for sold homes.
- Northbridge, MA has 3 properties (vs. 5) advertised as lender owned/foreclosure (typically foreclosure) .
- Northbridge, MA has 8 properties (vs. 10) advertised as short sales required by lender .
- Northbridge, MA “Hot Seller Index” (HSI): 67 Last Report: 67
*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.
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*All information is posted in good faith and is assumed to be reliable, but may rely on third party information sources.
