The Charlton Homes For Sale Market Report
Charlton checks in with some muddled data - about 25% of the listings are new construction, and that generally changes some stats. Here's how:
Can’t see the chart? You can find it Here .
With so much new construction, we would expect to see a long market time for homes still on the market. It's not terrible, at 190 days, but a lot of those are new construction listings a year old- so things are markedly better than that would suggest. Also, the big differential between "ask" ($162) and "getting" ($133) is also probably due to this. Builders charge premiums, and it takes a while for those closings to impact the sales data. New construction often is a year behind - or more - in data, and they don't use MLS very reliably.
What should active home buyers do in Charlton?
Well if you're looking for new construction at good prices, you're in luck, Charlton has lots. The market has other choices, but it's moving pretty quickly, so don't think this is a sleepy real estate town, it's not.
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What should potential home sellers do in Charlton?
As long as your not competing head-to-head with the new construction, things look very promising for 2015. With sellers asking prices that are too high, you could ask for a little extra - and probably get it.
Charlton Houses For Sale and Sold Market Statistics - Raw MLS Data
- Charlton‘s “Home Seller Index” (HSI): 85 Last Report: 83
- There are 62 homes listed as For Sale.
- There have been 73 houses sold in the last 6 months, and 34 homes sold in the last 3 months in Charlton.
- The Average number of Days on Market was 94 days for just SOLD homes.
- There is an Average Market Time of 190 days of the Charlton homes For Sale (currently for sale).
- The amount that was paid in Dollars per Square Foot averaged 133 (vs. 132 in the last report)
- Current sellers are looking for $ 162 /sq. foot
- There was an Average Sold Price of $268,828 for sold homes.
- 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 statistics 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!).
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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.
