The Marlborough Homes For Sale Market Report
Marlborough continues to improve. I thought one data point worth mentioning is the is the first report where there were no foreclosures for sale in all of Marlborough. In November of 2012 (not so long ago), there were 19 foreclosures and short sales. Yikes! But improving prices have made that less of a problem.
Can’t see the chart? You can find it Here .
What should active home buyers do in Marlborough ?
There doesn't appear to be a lot of softening in the market, which we would expect to see this time of year. Prices look to be headed higher by next Spring. Marlborough has homes at deep discounts to surrounding towns, and they are finding buyers.
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What should potential home sellers do in Marlborough?
With prices at their highest point in years, home sellers thinking about relocating may want to start getting ready. Get some opinions on what you can do to improve the marketable price, and put a plan in place to get on the market. Home Buyers are moving pretty quickly, and paying good prices. Prices may continue to rise - or not - so if you like the price you can get, start the process.
Marlborough Houses For Sale and Sold Market Statistics - Raw MLS Data
- Marlborough ‘s “Home Seller Index” (HSI): 130 Last Report: 125
- There are 78 homes listed as For Sale.
Fall is here, but buyers are still home buying in Marlborough
- There have been 198 houses sold in the last 6 months, and 120 homes sold in the last 3 months in Marlborough.
- The Average number of Days on Market was 92 days for just SOLD homes.
- There is an Average Market Time of 140 days of the Marlborough homes For Sale (currently for sale).
- The amount that was paid in Dollars per Square Foot averaged $172 (vs. $167 )
- Current sellers are looking for $181/sq foot
- There was an Average Sold Price of $331,171 for sold homes.
- Marlborough ,MA, has 0 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!).
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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.

