The Clinton Homes For Sale Market Report

Clinton checks in with some strange price activity - as the data looks to really jump around. What can we make of it? Let's look at the headline numbers.

 

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

OK, this one looks alright; transactions are down the HSI is down a bit too. Part of that is the lack of inventory that Clinton - and so many towns - are dealing with. The pricing information is a little whacky though - see the chart below.  for the past couple of cycles, homes in Clinton have been asking lower prices than they were getting.  That's right, the sale per square foot were over the average asking price.  How is that possible?  Well, a few homes, that had extensive issues, were priced so low they threw off the averages.  Now, those homes are in the pricing data, (they sold), not the asking data, so the sales prices of the ask are once again above the get - but we see the "sold" prices have fallen sharply.

What should active home buyers do in Clinton?

First off, don't think home prices in Clinton really have fallen off a cliff.  They haven't.  Just look at the ask prices, which are moving sharply up.  That shows a better indication of where future sale prices might be headed.  Home buyers will see some inventory, and not too many competitive bids, but Clinton doesn't have a ton, and the good stuff isn't sitting for long.  Prices are fair - in general - so do your research and bid with confidence.

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What should potential home sellers do in Clinton ?

Overall, the sale of distressed property in Clinton means that market is finding buyers even for deep risk properties, and that general means prices are going to continue to go up.  Once the investors come in, things start to improve rapidly, as we've seen in other towns.  There is probably more upside coming in the next couple of years, but the market is good right now, and if you need to sell, it's not a bad time.

 

 

 

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

 

  • Clinton‘s “Home Seller Index” (HSI): 109 Last Report: 132
  • There are 33 homes listed as For Sale.
  • There have been 51 houses sold in the last 6 months, and 36 homes sold in the last 3 months in Clinton.
  • The Average number of Days on Market was 94 days for just SOLD homes.
  • There is an Average Market Time of 93 days of the Clinton homes For Sale (currently for sale).
  • The amount that was paid in Dollars per Square Foot averaged $131 (vs. $151 in the last report)
  • Current sellers are looking for $150 /sq. foot
  • There was an Average Sold Price of $233,104 for sold homes.
  • Clinton, 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…

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.