The Grafton Homes For Sale Market Report

The Grafton Report is in, with great news for home sellers.  Prices look pretty steady: 

but the underlying data is far more positive for home sellers.  The HSI (home selling index) is at a record.  The number of homes for sale is dropping to a point where the market is clearly getting tight.  And Days to Offer for a property is near a low of 45.  Prices haven't moved in a while, but this data suggests that will be short lived - prices look to be headed up.

This shouldn't be a huge surprise- Shrewsbury is very tight, and prices are markedly higher.  Westborough too has marched higher.  Sooner or later the value proposition in Grafton is too compelling, and buyers flood in to scoop up the relative bargains.

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

What should active home buyers do in Grafton ?

Many of the homes on the market are new construction, and they've been sitting around as placeholders for the developments.  It's distorting the time on market - but don't be fooled.  Things are moving fast, and homes in good condition are getting snapped up.  Be aware that pricing in Grafton can vary a bit depending on where you are, as commutes are not all the same in Grafton.

Find Your Next Home or Check out the Competition!

• Sign me up for Automated E-mail Alerts of New Listings in Grafton!
• Show Me Grafton, MA Homes for Sale
• Show me Recent Grafton Reports!
• Reach me to be your Grafton MA Realtor

What should potential home sellers do in Grafton?

Home sellers should still aim for a big first weekend and price competitively.  If you're a little under, the market will catch you up.  Buyers will be getting more aggressive, so first weekend sales are certainly possible, with the right property and good marketing.

Grafton Houses For Sale and Sold Market Statistics - MLS Data

• The Grafton “Home Seller Index” (HSI): 181 Last Report: 153
• There are 52 homes actively listed as For Sale for Home Buyers.
• In the last 6 months, there have been 185 houses sold, and 92 homes sold in the last 3 months in Grafton.
• The Average number of Days on Market was 45 days for recently SOLD homes.
• There is an Average Market Time of 394 days of the Grafton homes For Sale (currently for sale).
• The amount that was paid by Home buyers in Dollars per Square Foot averaged $181 (vs. $181 in the last report)
• Current home sellers are looking for $ 191 /sq foot
• There was an Average Sold Price of $392,946 .
• Grafton , 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!.

Don’t Go Just Yet! More Information for you…

• Should I be pre-approved or pre-qualified for a home before I start looking seriously?
• How do interest rates affect the number of homes for sale and home prices?
• A final checklist before closing on your new home.
• Top 10 things people should know about Title Insurance.
• Updated summary report on the fastest moving towns in Metrowest.
• Cleaning up? Here’s a cool list to stay organized all year long!
• How Do I buy a short sale house that is still owned by the seller?

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.

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

The Framingham Homes For Sale Market Report

Framingham prices continue to rip, as transactions keep pushing higher.  Sellers have countered by pushing prices up steadily higher.  

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

What should active home buyers do in Framingham ?

Home buyers will find a tough market where the turnkey properties are moving quickly.  Even the less desirable properties are moving within a couple of months - very fast for properties that need work.  With prices at these levels, I'd encourage Framingham buyers to examine the value proposition in other towns - on a relative basis, Framingham looks a little frothy. 

Find Your Next Home or Check out the Competition!

• Sign me up for Automated E-mail Alerts of New Listings in Framingham!
• Is this an OLD report? Get updated!
• Reach me to be your Framingham MA Realtor

What should potential home sellers do in Framingham ?

Home sellers are helped out greatly by inventory that remains tight, and no shortage of buyers.  If you're looking to move fast, you almost certainly can.  If you're looking to do well on price - you can do that also, but it may take a little work.  Getting your top dollar will still require getting your home in A condition, but there's plenty of pressure on the buyers and they'll likely pay up.  

Framingham Houses For Sale and Sold Market Statistics - MLS Data

• The Framingham “Home Seller Index” (HSI): Last Report:
• There are X homes actively listed as For Sale for Home Buyers.
• In the last 6 months, there have been X houses sold, and X homes sold in the last 3 months in Framingham.
• The Average number of Days on Market was X days for recently SOLD homes.
• There is an Average Market Time of X days of the Framingham MA homes For Sale (currently for sale).
• The amount that was paid by Home buyers in Dollars per Square Foot averaged (vs. in the last report)
• Current home sellers are looking for $ X /sq. foot
• There was an Average Sold Price of $ X .
• Framingham , MA, has X properties advertised as lender owned or foreclosure (typically foreclosure) .
• There are x 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!.

Don’t Go Just Yet! More Information for you…

• Dangers in the home: Which danger involves the greatest risk? Asbestos, CO, Radon, Lead Paint?
• What is a pre-foreclosure house and how can I buy one?
• What should the humidity in my home be to prevent mold and mildew and other moisture issues?
• If a home has Knob and Tube wiring, what do I need to know?
• Updated summary report on residential property taxes. Where are you ranked?
• Interviewing Realtors? Here’s the inside scoop!
• Things every home buyer should know about Radon.

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.

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

 

The Clinton Homes For Sale Market Report

The price action in Clinton is - uh - odd.  It's always been a little less consistant than other towns, but this is really odd.  Prices seem to have recoverd to a new high, but current sellers are asking, as a group, far less than current sales.  There must be some outliers that are really pulling the data down. 

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

What should active home buyers do in Clinton ?

Clinton is a tricky town to get a hold of; there's a lot of high risk property that isn't for the feint hearted.  Buyers should be cautious and diligent looking for property.  Without a doubt, the best properties are moving quicker, as the town is getting hotter each report- an HSI of 225 is nothing to sneeze at for sure, and prices do look to be at a new high.

Find Your Next Home or Check out the Competition!

• Sign me up for Automated E-mail Alerts of New Listings in Clinton!
• Show Me Clinton, MA Homes for Sale
• Show Me Updated Clinton Home Transaction Reports and More!
• Reach me to be your Clinton MA Realtor

What should potential home sellers do in Clinton?

Home sellers can rejoice at the dwindling inventory and uptick in transactions.  Home buyers are coming to Clinton, and they are moving their prices up to grab the best properties. With buyers moving quicker, getting your home ready is super important, as typically 80% of your traffic can be in th first 14 days.

Clinton Houses For Sale and Sold Market Statistics - MLS Data

• The Clinton “Home Seller Index” (HSI): Last Report:
• There are X homes actively listed as For Sale for Home Buyers.
• In the last 6 months, there have been X houses sold, and X homes sold in the last 3 months in Clinton.
• The Average number of Days on Market was X days for recently SOLD homes.
• There is an Average Market Time of X days of the Clinton homes For Sale (currently for sale).
• The amount that was paid by Home buyers in Dollars per Square Foot averaged (vs. in the last report)
• Current home sellers are looking for $ X /sq. foot
• There was an Average Sold Price of $ X .
• Clinton , MA, has X properties advertised as lender owned or foreclosure (typically foreclosure) .
• There are x 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!.

Don’t Go Just Yet! More Information for you…

• Dangers in the home: Which danger involves the greatest risk? Asbestos, CO, Radon, Lead Paint?
• What is a pre-foreclosure house and how can I buy one?
• What should the humidity in my home be to prevent mold and mildew and other moisture issues?
• If a home has Knob and Tube wiring, what do I need to know?
• Updated summary report on residential property taxes. Where are you ranked?
• Interviewing Realtors? Here’s the inside scoop!
• Things every home buyer should know about Radon.

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.

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

The Charlton  Homes For Sale Market Report

Charlton continues to move forward, following price rises in Worcester.  The last year has probably been the best year for Charlton since we've been tracking.  Sellers are noticing too-  carefully moving prices up in advance of the buyers demand.  Buyers are paying up - not going crazy, but follwing the price rises.

 

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

What should active home buyers do in Charlton ?

Home buyers have choices.  Note with an HSI of 132, and sales in averages of 62 days, things aren't flying off the shelves like they are further east.  Not all price ranges have inventory, however, and new construction makes the market looking softer than it actually is.

Find Your Next Home or Check out the Competition!

• Sign me up for Automated E-mail Alerts of New Listings in Charlton!
• Show Me Charlton, MA Homes for Sale
• Show Me Charlton, MA Home Reports and More!
• Reach me to be your Charlton MA Realtor

What should potential home sellers do in Charlton ?

Things are picking up, and prices are up nicely.  If you haven't checked your value in a while, now is a good time, with all the trends looking up.  Spring could be really good for Charlton sellers!

Charlton Houses For Sale and Sold Market Statistics - MLS Data

• The Charlton “Home Seller Index” (HSI):132 Last Report: 108
• There are 60 homes actively listed as For Sale for Home Buyers.
• In the last 6 months, there have been 126 houses sold, and 84 homes sold in the last 3 months in Charlton.
• The Average number of Days on Market was 62 days for recently SOLD homes.
• There is an Average Market Time of 189 days of the Charlton homes For Sale (currently for sale).
• The amount that was paid by Home buyers in Dollars per Square Foot averaged $154 (vs.$149 in the last report)
• Current home sellers are looking for $ 181 /sq foot
• There was an Average Sold Price of  $291,342 .
• Charlton , MA, has 3 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!.

Don’t Go Just Yet! More Information for you…

• Dangers in the home: Which danger involves the greatest risk? Asbestos, CO, Radon, Lead Paint?
• What is a pre-foreclosure house and how can I buy one?
• What should the humidity in my home be to prevent mold and mildew and other moisture issues?
• If a home has Knob and Tube wiring, what do I need to know?
• Updated summary report on residential property taxes. Where are you ranked?
• Interviewing Realtors? Here’s the inside scoop!
• Things every home buyer should know about Radon.

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.

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

 

The Berlin Homes For Sale Market Report

Berlin is a small town, so there's not a lot of data.  That has the effect of making the data reports a bit of a mess.  Looking at the Berlin price history, you'd think everyone was a bit crazy.  They aren't though, it's just that when you have only 6 homes on the market for a town, if one of them has a crazy price, that 18% of your data set out of whack.  Still though, the trend is upward.

When the base trendlines move around, it's good to look at the trends of all the data points.  For Berlin, I see that days on market for successful sales remains around 60 days, as it has for 2 years.  That has been a mark for rising prices.  Sales are strong too- with 30 sales, that's good for second best in all the reports.

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

What should active home buyers do in Berlin?

You'll have to be patient.  In a town that only has 45 sales a year, you have to get a little lucky to find the one you want.  Much easier to be a seller in Berlin - but even then houses can sit a while.

Find Your Next Home or Check out the Competition!

• Show Me Berlin, MA Homes for Sale
• More Berlin, MA Reports
• Sign me up for Automated E-mail Alerts of New Listings in Berlin!
• Reach me to be your Berlin MA Realtor

What should potential home sellers do in Berlin?

It's the best market since we've been tracking.  With few options, you'll see the buyers think long an hard about each option on the market.   That's great news for sellers - it makes a quick sale more likely.  

Berlin Houses For Sale and Sold Market Statistics - MLS Data

• The Berlin “Home Seller Index” (HSI): 205 Last Report: 199
• There are 6 homes actively listed as For Sale for Home Buyers.
• In the last 6 months, there have been 30 houses sold, and 15 homes sold in the last 3 months in Berlin.
• The Average number of Days on Market was 66 days for recently SOLD homes.
• There is an Average Market Time of 137 days of the Berlin homes For Sale (currently for sale).
• The amount that was paid by Home buyers in Dollars per Square Foot averaged 169 (vs. 186 in the last report)
• Current home sellers are looking for $ 178 /sq foot
• There was an Average Sold Price of $442,965 .
• Berlin, MA, has 0 properties advertised as lender owned or foreclosure (typically foreclosure) .
• There are 2 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!.

Don’t Go Just Yet! More Information for you…

• Dangers in the home: Which danger involves the greatest risk? Asbestos, CO, Radon, Lead Paint?
• What is a pre-foreclosure house and how can I buy one?
• What should the humidity in my home be to prevent mold and mildew and other moisture issues?
• If a home has Knob and Tube wiring, what do I need to know?
• Updated summary report on residential property taxes. Where are you ranked?
• Interviewing Realtors? Here’s the inside scoop!
• Things every home buyer should know about Radon.

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.

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

The Ashland Homes For Sale Market Report

Although the headline HSI data is down, rather sharply, prices continue to move up, and homes continue to sell fast.  The HSI is down because the number of homes for sale has doubled -from 12 to 25 - but 25 is not very many, it's just that 12 was really low.  

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

What should active home buyers do in Ashland?

Active home buyers will find a little more inventory, but they may not like what they find.  The properties that are still on the market have been on for almost six months, and in a tight market, that represents items that are not popular.  The prices on those items will need to come down.  Clearly, the best stuff is moving very, very quickly, so buyers should be poised to move fast- even in the slower fall market.

Find Your Next Home or Check out the Competition!

• Show Me Ashland, MA Homes for Sale
• Is this an Old report? Show Me Current Ashland Massachusetts Information
• Sign me up for Automated E-mail Alerts of New Listings in ASHLAND!
• Reach me to be your ASHLAND MA Realtor

What should potential home sellers do in Ashland?

Home sellers will find buyers even this late in the year willing to come out and see their property.  That's good!  But you need to be ready in a tight market - 80% of all the buyers will probably make up there mind yes or no very quickly.  Look your best, price right, and you won't be on the market long.

Ashland Houses For Sale and Sold Market Statistics - MLS Data

• The Ashland “Home Seller Index” (HSI): 254 Last Report:326
• There are 25 homes actively listed as For Sale for Home Buyers.
• In the last 6 months, there have been 118 houses sold, and 77 homes sold in the last 3 months in Ashland.
• The Average number of Days on Market was 29 days for recently SOLD homes.
• There is an Average Market Time of 164 days of the Ashland  homes For Sale (currently for sale).
• The amount that was paid by Home buyers in Dollars per Square Foot averaged 226 (vs. 220 in the last report)
• Current home sellers are looking for $229 /sq foot
• There was an Average Sold Price of $472,767 .
• Ashland, MA, has 2 properties advertised as lender owned or foreclosure (typically foreclosure) .
• There are 2 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!.

Don’t Go Just Yet! More Information for you…

• Dangers in the home: Which danger involves the greatest risk? Asbestos, CO, Radon, Lead Paint?
• What is a pre-foreclosure house and how can I buy one?
• What should the humidity in my home be to prevent mold and mildew and other moisture issues?
• If a home has Knob and Tube wiring, what do I need to know?
• Updated summary report on residential property taxes. Where are you ranked?
• Interviewing Realtors? Here’s the inside scoop!
• Things every home buyer should know about Radon.

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.

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

Ashland Condo Market

Ashland has a big condo market - one of the biggest in Metrowest - so I keep an eye on it, as it really tells us a lot about the real estate cycle and about condo and single family price trends.  When condos are doing well, it tells us we are in a mature cycle, well off the lows, and that people are having trouble finding single family houses that they like in their price range.  Prices can move up fast, and they have been.  Here: 

The green line shows that since July of 2014, prices are up 13% for this segment of the market.  Prices have finally achieve the levels last seen in 2005 in fact, after almost a decade of falling lower and then climbing their way back.  That 's not great news for Home Buyers, but it is for Condo sellers.  Here's some more good news.

 

The number of actives is still really small compared to the number of transactions.  With a HSI at 300+ - for over a year - condo prices will continue to climb.  In fact, the number of active properties is quite misleading, as most of the active condos are all in an over 55 community and very few re-sales are available.  If you have a condo in Ashland, you can be very aggressive on price - and it will probably sell.

 

Raw Home Sale Data

• Ashland has 20 condos listed as For Sale
• Ashland had 125 condominium sales  in the last 6 months, and 77 condominium sales last 3 months
• Ashland has an Average Market Time of 23 days for SOLD condominium properties
• Ashland has an Average Market Time of 49 days for For Sale condominiums properties
• There is an Average sold price per square foot of $187 in Ashland vs. 176 a year ago.
• Ashland has an Average Sold Price of $335,059 for sold condo properties

Featured Condo Complexes

Condos of Metrowest Summary - All in one Place! In Ashland can be found here! Currently there are over 70 complexes profiled in Metrowest, and this number is growing weekly!

 

If you’d like to see what’s available in Ashland, click here!

Single Families

If you'd like to see the statistics for Single Family Homes for this town and much more please see Metrowest Real Estate Trends and Information: For more detailed reporting, including breakdowns by price range, contact Matt Heisler of Heisler & Mattson directly!

What do these statistics mean?

Check my Explanation for Mass Home Sale Statistics

 

Don’t Go Just Yet! More Information for you…

• Dangers in the home: Which danger involves the greatest risk? Asbestos, CO, Radon, Lead Paint?
• What is a pre-foreclosure house and how can I buy one?
• What should the humidity in my home be to prevent mold and mildew and other moisture issues?
• If a home has Knob and Tube wiring, what do I need to know?
• Updated summary report on residential property taxes. Where are you ranked?
• Interviewing Realtors? Here’s the inside scoop!
• Things every home buyer should know about Radon.

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.

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

Top Five Tips for Attending an Open House

I try very hard to be at as many open houses with my clients as possible.  But sometimes, it's not possible - after all, there's only one of me!  In that case, you'll be at the open house with the seller's agent - and they are not there to help you!  Here are some tips to make sure you keep your options open. 

 

Tip #1 - Remember your Game Face

When I'm running open houses, I am often shocked at the number of people who come to me and say, "I really like this house!" or "We've been looking a long time, and this is what we're looking for!".  Statements like these which seem like harmless small talk, are not.  They tell an experience agent that you might be writing an offer - and your motivation is high.  If I know you're likely to commit to the house, I'm probably going to tell my seller to hold out for more, and you'll probably pay more.  In a similar vein, if a sellers agent gets enough positive feedback, they're much more likely to go out and look for multiple offers.  The best thing to do is be non-committal, and try to be unnoticed.

Tip #2 - Don't Trash The House

I'm equally amazed at the number of people who are willing to say things that are not nice.  "It's way overpriced". "I hate the kitchen".  "Who would want to live here?"  There's a school of thought that by pointing out all of a homes flaws (which the agent likely already knows!) is that you'll help yourself later when you put an offer in.  This is not true.  Many seller agents are easily offended - and they'll remember you.  Instead of encouraging their seller to come down in price, they are more likely to make you pay more - because they don't like and trust you.  Again, the best thing to do is be non-committal, and try to be unnoticed.

Tip #3 - Don't Get Lulled by the Furniture

You aren't buying the furniture, so try not to look at it.  Properly staged and prepared homes sell for more because they look nicer, but that advantage is temporary.  Buying a house is about floorplan, location, lot, and the cosmetics that stay put.  This also works if the furniture and styling is not to your liking!  These things go - and unpopular furniture choices can sometimes obscure a hidden gem.

Tip #4 - Check the Infrastructure

Always check the roof for obvious sign of distress, the burner and A/C for age, and the windows for possible replacement.  Most people with catch the kitchens and baths, but miss the infrastructure, and it costs just as much to replace. 

Tip #5 - Sign In Your Agent

When asked to sign in, do so - but sign in your agent.  This is good practice and accepted local industry standard.  If you leave your information, the agent may call you direct and ask for offers or feedback - and if they call you then your agent can't tell what the story is.  Most agents have a lot of experience handling competitive bids and situations where you need to move fast - so you want them on the other end of the phone.  As buyer agents, we're much more likely to understand the actors we're dealing with on the other side, and this can help you put your offer in the best light - or know when to hold out to pay less.  If you don't have an agent yet, you should get one!  Most seller agents are very friendly, but don't be confused - the job of a seller's agent is to make the buyer pay as much as possible!

The Westborough Homes For Sale Market Report

Just looking at the price data, it looks like buyers are getting squeezed in Westborough.  I'm not sure that's entirely accurate, this is either a snap back from an odd downturn, or the down turn was a "data anomaly" and things have really just been pushing higher slow and steady.  How to tell which?  And does it matter?

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

I don't think it matters a lot; but I do think that it's just a bad month of data at that low point.  The reason is that the HSI is actually lower than it was six months ago, and it's only in the 120's.  Really good, but not good enough for a big price spike.  So things are probably just steadily moving up, in tandem with many of the surrounding towns.

 

What should active home buyers do in Westborough ?

As we've noted in many reports, try not to limit yourself to one town.  Also, consider properties that need more work than you'd like - they may be the best deals, with the higher return.  With interest rates headed up, the pricier properties are more at risk of a stall - but I think we are still a bit always from that yet.  Certainly, we need more inventory, and lack of homes for sale inventory is the central issue.

Find Your Next Home or Check out the Competition!

• Show Me Westborough, MA Homes for Sale
• Sign me up for Automated E-mail Alerts of New Listings in Westborough!
• Is this an old Report? Show Me Updated Westborough Reports and Information
• Reach me to be your Westborough MA Realtor

What should potential home sellers do in Westborough?

Home sellers should probably not reach too high.  You can see in the price chart that on average, sellers are stretching things, but not too far out of the buyers reach.  That keeps the offers coming, and keeps property moving.  Not everyone is getting the memo, as the homes that are still out there are averaging four months.  Four months in this market is an eternity, you really shouldn't be out there that long!  That means your property needs a fix, or a drop in price, or both.

Westborough Houses For Sale and Sold Market Statistics - MLS Data

• The Westborough “Home Seller Index” (HSI):122  Last Report:146
• There are 49 homes actively listed as For Sale for Home Buyers.
• In the last 6 months, there have been 123 houses sold, and 77 homes sold in the last 3 months in Westborough.
• The Average number of Days on Market was 41 days for recently SOLD homes.
• There is an Average Market Time of 129 days of the Westborough homes For Sale (currently for sale).
• The amount that was paid by Home buyers in Dollars per Square Foot averaged $215 (vs.197 in the last report)
• Current home sellers are looking for $ 219 /sq. foot
• There was an Average Sold Price of  $541,840 .
• Westborough , MA, has 0 properties advertised as lender owned or foreclosure (typically foreclosure) .
• There are 1 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!.

Don’t Go Just Yet! More Information for you…

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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.

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