The Framingham Homes For Sale Market Report

Framingham checks in with a market under pressure - but buyers have resisted taking prices higher. Inventory has been just enough to let them do so. Not sure what happens in May, although there's a little more inventory coming on.

 

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

 

What should active home buyers do in Framingham?

 

Active home buyers should be aware it's a tough market; with average offer times under 40 days, that's about as tight as it gets.  Very little is fairly price, most is reaching a bit, but the homes that are close to market value are moving quickly.  Home Buyers may find more value in surrounding towns, and less competition.

 

Find Your Next Home or Check out the Competition!

 

What should potential home sellers do in Framingham?

Home sellers should be aware that the buyers  - so far - have been stingy.  Home sellers who have reached to far ahead of the price curve this spring have, for the most part, not been successful.  Getting your home to look it's brightest and biggest still matters, but there's certainly plenty of buyers.

 

Framingham Houses For Sale and Sold Market Statistics - MLS Data

 

  • The Framingham “Home Seller Index” (HSI): 237 Last Report: 262
  • There are 75 homes actively listed as For Sale for Home Buyers.
  • In the last 6 months, there have been 374 houses sold, and 214 homes sold in the last 3 months in Framingham.
  • The Average number of Days on Market was 39 days for recently SOLD homes.
  • There is an Average Market Time of 90 days of the Framingham homes For Sale (currently for sale).
  • The amount that was paid by Home buyers in Dollars per Square Foot averaged $210 (vs. $216   in the last report)
  • Current home sellers are looking for $227 /sq. foot
  • There was an Average Sold Price of $399,318 .
  • Framingham, MA, has 1 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…

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.