The Clinton Homes For Sale Market Report, 2014 Summary

August.

Just when you think you've got a pretty good read on things, I'll do a report on an outlier. Clinton, it's your time to shine:

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

Clinton has all sorts of good stuff here. First off, there's a big jump in the HSI, to a record, at 125. This happened because of a frenetic late spring of home buyers buying, as we see transactions up, time on market down, and prices make a big jump. Prices jumped so much, that the homes that are still for sale in Clinton are actually being marketed UNDER the existing sales number. Haven't seen that before!!

 

What does it all mean? Well it means that Clinton - long overdue for a run - has finally been discovered by buyers looking for good deals. They are finding them in Clinton, and are purchasing accordingly. When you see a sharp rise in prices, and a big jump in the HSI, it's not a co-incidence. Value is there. Or was! Clinton was off the lows, but really has moved very little since we've been doing these reports, but now the recovery is well on the way.

 

What should active home buyers do in Clinton?

Well, you need to be more careful now. The fact that prices are moving up so quickly means that some buyers are getting in front of the way and paying a bit too much. There's not much risk in that at this stage of Clinton's recovery - prices are sure to go higher. Maybe not a lot, maybe not fast, but down seems pretty unlikely, since the neighbors certainly aren't getting any cheaper.

 

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What should potential home sellers do in Clinton?

It's not too soon to get a valuation and start thinking about 2015. As we've seen, these property runs can last a year or more, so we'll probably continue to see things move. With prices up - substantially - you might be able to take advantage of some new found equity. Buyer are still going to be condition sensitive, so getting your property just right - to get top dollar - is still important.

 

 

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

 

  • Clinton‘s “Home Seller Index” (HSI): 125 Last Report: 96
  • There are 36 homes listed as For Sale.
  • There have been 81 houses sold in the last 6 months, and 58 homes sold in the last 3 months in Clinton.
  • The Average number of Days on Market was 106 days for just SOLD homes.
  • There is an Average Market Time of 112 days of the Clinton homes For Sale (currently for sale).
  • The amount that was paid in Dollars per Square Foot averaged $148 (vs. 135)
  • Current sellers are looking for $144/sq foot
  • There was an Average Sold Price of $244,994 for sold homes.
  • Clinton, 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 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!).

 

 

Homes For Sale in Clinton Market Report,

April, 2014

The first report for April has some interesting data in it; data that should get Clinton home owners excited. Clinton has been a bit of a laggard, but it's shaping up to have a strong season, and I'll show you why!

 

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

The first metric that we look at is the HSI. It's actually down, to 96 from 112, so what is to get excited about? Well, prices are up, for one, to a record. Also though, since this time last year, the days on market of the for sale houses has fallen steadily from over two hundred to just over one hundred, showing sellers are not in a hurry to cut prices, and also that some of the "tougher" sales are selling - which means the bottom pickers are finding value and that is good in any market.

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We'll see if the data holds, but I think these trends bode well for sellers in the months ahead.

 

 

Clinton Recent Houses For Sale and Sold Market Statistics - Raw MLS Data

 

  • Clinton‘s “Home Seller Index” (HSI):96 Last Report: 112
  • There are 37 homes listed as For Sale.
  • There have been 57 houses sold in the last 6 months, and 31 homes sold in the last 3 months in Clinton.
  • The Average number of Days on Market was 151 days for just SOLD homes.
  • There is an Average Market Time of 102 days of the homes For Sale (currently for sale).
  • The amount that was paid in Dollars per Square Foot averaged $135 (vs. $131 )
  • There was an Average Sold Price of $232301 for sold homes.
  • Clinton ,MA, has 3 properties (vs. 3) advertised as lender owned or foreclosure (typically foreclosure) .
  • Clinton has 2 properties (vs. 2) advertised as a short-sale is going to be needed by lender.

 

 

 

*All statistics are for Single Family Houses and based on data in MLS. Matt’s HSI is proprietary. (That means you won’t find it anywhere else. Take that, Case-Schilling!).

 

 

Homes For Sale in Clinton Market Report

August, 2014

Clinton doesn't show any signs of slowing down in this report; everything is holding pretty steady. A small two point slip in the HSI and 2 dollars on the $/sq foot is not very much.

Normally an HSI near 120 indicates price pressure for

housing, and falling inventories (active properties)

indicates that could be the story in 2014

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

 

I'm sure home sellers would like to see prices moving up more quickly, but they are holding their own, and with the number of homes for sale at an all time low, (28) things are certainly poised for price increases. Lots of that will be determined by when the buyers start making decisions though, and that remains unknown.

 

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One small point of interest is the falling stat on days on market. It's near a low at 120 days, and shows that there are not too many worried home sellers on the market. Price cuts are probably not coming!

 

 

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

 

  • Clinton‘s “Home Seller Index” (HSI):112 Last Report:114
  • There are 28 homes listed as For Sale in Clinton.
  • There have been 60 houses sold in the last 6 months, and 35 homes sold in the last 3 months.

    Clinton remains a good value for home buyers,

    but the stage is set for price increases this spring.
  • The Average number of Days on Market was 135 days for just SOLD homes.
  • There is an Average Market Time of 127 days of the homes For Sale (currently for sale).
  • The amount that was paid in Dollars per Square Foot averaged $131 (vs. $133 )
  • There was an Average Sold Price of $214,402 for sold homes.
  • Clinton, MA, has 3 properties (vs. 21 in the last report) advertised as lender owned/foreclosure (typically foreclosure) .
  • Clinton has 2 properties advertised as a short-sale is going to be needed by lender.

 

 

 

*All statistics are for Single Family Houses and based on data in MLS. Matt’s HSI is proprietary. (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.