The Grafton Homes For Sale Market Report
The market report in Grafton has a few caveats, but overall, it's a strong report for Grafton, as buyers continue to see value there.
Can’t see the chart? You can find it Here .
What should active home buyers do in Grafton?
Buyers should note the falling homes for sale numbers. This trend indicates that there is a pressure on prices, so be aware that attractive properties are moving quickly. Don't be fooled by the longer market times of the homes for sale - much of that is super inflated by some new construction on high ridge that has been marketed continuously for almost four years. Things are moving fast, and prices are going up.
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What should potential home sellers do in Grafton?
With prices recovering - finally - it's a good idea to keep your pulse on the market. While more appreciation is likely in store, if you need to move, or want to, it's probably time to start looking at what your options might be. You are no longer selling at the bottom, but I think we are not at the top yet either. There was quite a rise in bank activity (foreclosures and short-sales), indicating that the banks also feel it is a good time to be selling.
Grafton Houses For Sale and Sold Market Statistics - Raw MLS Data
- Grafton ‘s “Home Seller Index” (HSI): 113 Last Report: 118
- There are 68 homes listed as For Sale.
- There have been 110 houses sold in the last 6 months, and 54 homes sold in the last 3 months in Grafton.
- The Average number of Days on Market was 59 days for just SOLD homes.
- There is an Average Market Time of 286 days of the Grafton homes For Sale (currently for sale).
- The amount that was paid in Dollars per Square Foot averaged $175 (vs. $182 in the last report)
- Current sellers are looking for $185 /sq foot
- There was an Average Sold Price of $388,829 for sold homes.
- Grafton, MA, has 4 properties advertised as lender owned or foreclosure (typically foreclosure) .
- There are 3 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.
