The Marlborough Homes For Sale Market Report

Marlborough shows that buyers are being discriminating, but I'm not sure how much longer they will be - the number of homes for sale is awfully low.

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

 

What should active home buyers do in Marlborough?

Well, the listings that are out there aren't popular - they've been on the market for over 3x what the homes have sold for. That's a lot, and it means the buyers have really worked over the market very carefully in the last few months. So be aware that if you do find a home that checks all the boxes, it may be expensive - make sure you get the price down to where it needs to be.

Find Your Next Home or Check out the Competition!

What should potential home sellers do in Marlborough?

The market looks like the spring will be very good for sellers in Marlborough. Certainly, desirable, good condition properties will receive lots of attention and will probably be able to reach for prices. But even mid condition homes are going to get good traffic and will get offers at fair prices. This is the best market for sellers since we've been tracking, and I'd expect prices to start moving up this spring.

 

 

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

 

  • Marlborough ‘s “Home Seller Index” (HSI):169 Last Report: 130
  • There are 40 homes listed as For Sale.
  • There have been 151 houses sold in the last 6 months, and 77 homes sold in the last 3 months in Marlborough.

    Seen any of these guys out there? We certainly have

    the weather for it.
  • The Average number of Days on Market was 67 days for just SOLD homes.
  • There is an Average Market Time of 230 days of the Marlborough homes For Sale (currently for sale).
  • The amount that was paid in Dollars per Square Foot averaged 172 (vs. 172 in the last report)
  • Current sellers are looking for $ 182 /sq. foot
  • There was an Average 0 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 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.