The Framingham Homes For Sale Market Report

You go, Framingham. Rising prices in Natick and Sudbury are having the "Squeeze" effect, pushing up demand in Framingham. Some key highlights:

1) A record HSI of 327. Not even Natick (321) has been higher, ever. It's a little inflated because it's January, but still, a record.

2) Days to offer is a ridiculous 37 days for sold properties.

3) No inventory: 51 homes for sale? Southborough has only 28, but it's 1/10 the size. Wow.

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

It's a stunner of a chart. And with things one sided like this, the recommendations are easy.

What should active home buyers do in Framingham?

If you see something you like, buy it. I doubt you'll find something, though. Things are crazy. Be prepared for multiple offers - even on unattractive properties. And please, please, think about other towns. Ashland, Southborough, and Holliston are all bargains right now to Framingham, on a relative basis.

Find Your Next Home or Check out the Competition!

 

What should potential home sellers do in Framingham?

Simple. Get your home on the market. Don't wait for April. Get out there ASAP. And put a big sticker on it. You just might get it.

 

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

 

  • Framingham‘s “Home Seller Index” (HSI): 327 Last Report: 172
  • There are 51 homes listed as For Sale.
  • There have been 418 houses sold in the last 6 months, and 228 homes sold in the last 3 months in Framingham.
  • The Average number of Days on Market was 37 days for just SOLD homes.
  • There is an Average Market Time of 166 days of the Framingham homes For Sale (currently for sale).
  • The amount that was paid in Dollars per Square Foot averaged 201 (vs. 202 in the last report)
  • Current sellers are looking for $ 213 /sq foot
  • There was an Average Sold Price of $36,866 for sold homes.
  • Framingham, MA, has 1 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!).

Most Googled Postings!!

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.