The Grafton Homes For Sale Market Report

In my last report, I noted that prices looked firm to me - despite the apparent drop - and this report we see that was correct, the drop was a blip, prices remained firm. With the HSI hitting a record in Grafton, it is clear to me that buyers are going further to find value - and they are finding it Grafton. While things aren't crazy in Grafton, the prices are good and things will continue to move quickly this fall. Will next year bring a price spike? I don't really see a big drop in inventories yet - but it remains in the mix. We'll review the call post fall closings.

A high for the HSI (Home Selling Index) means sellers are getting results in Grafton.

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

 

What should active home buyers do in Grafton?

Home buyers will find choices, but they are moving quickly. In fact they are moving quicker than ever. Want to see what an improving real estate market looks like? Here's one way to tell:

The average days on market (DOM) for sellers has fallen

steadily since we've been watching it.

You can see here that the time sellers are sitting around on average has fallen steadily, as rising prices to the East push more buyers to the West. If things get much tighter, prices will go up quickly, so now  is a good time to make a choice in Grafton.

 

 

 

Find Your Next Home or Check out the Competition!

 

What should potential home sellers do in Grafton?

Home sellers, the time is getting better each year! I note that there are some prices ranges that are very thin of good choices, so some sellers will find the fall very accommodating, and I would think the spring would be a very good time to list. Get your home ready now if selling is on your to do list!

Home sellers have done price cuts to get where

the buyers prices are.

 

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

 

  • Grafton‘s “Home Seller Index” (HSI): 149 Last Report: 122
  • There are 83 homes listed as For Sale.
  • There have been 168 houses sold in the last 6 months, and 125 homes sold in the last 3 months in Grafton.
  • The Average number of Days on Market was 44 days for just SOLD homes.
  • There is an Average Market Time of 264 days of the Grafton homes For Sale (currently for sale).
  • The amount that was paid in Dollars per Square Foot averaged $179 (vs. $163 in the last report)
  • Current sellers are looking for $ 181 /sq. foot
  • There was an Average Sold Price of $403,673 for sold homes.
  • Grafton, MA, has 1 properties advertised as lender owned or foreclosure (typically foreclosure) .
  • There are 4 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.