The Marlborough Homes For Sale Market Report
In the last report, we saw sellers and buyers coming together to bridge the gap between them, which resulted in the best market for sellers since we've been tracking. All that activity, however, has made the sellers more optimistic, as they have reached further ahead with asking prices than they did for last year.
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Home sellers have moved asking prices up in response to a fast moving market. Buyers paid prices are moving up too. |
Can’t see the chart? You can find it Here .
What should active home buyers do in Marlborough ?
Home buyers should wait for more inventory - but be aware, with inventory this tight, there's going to be a lot of activity for the right properties. Pressure is building, and prices look set to keep rising this spring.
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What should potential home sellers do in Marlborough ?
Home sellers should have an easy time of it. The market is hot and getting hotter, and prices are getting higher. Properties in good condition and good locations should be reaching for prices - but not so much to scare off the buyers. The current sellers are too high - and their market time shows that the buyers are only willing to go so high. So unless you want to sit, don't reach outside the buyers grasp.
Marlborough Houses For Sale and Sold Market Statistics - MLS Data
- The Marlborough “Home Seller Index” (HSI): 195 Last Report: 184
- There are 43 homes listed as For Sale.
- There have been 177 houses sold in the last 6 months, and 85 homes sold in the last 3 months in Marlborough.
- The Average number of Days on Market was 47 days for just SOLD homes.
- There is an Average Market Time of 175 days of the Marlborough MA homes For Sale (currently for sale).
- The amount that was paid in Dollars per Square Foot averaged $183 (vs. 181 in the last report)
- Current sellers are looking for $ 197 /sq. foot
- There was an Average Sold Price of $356,991 for sold homes.
- Marlborough , MA, has 3 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 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…
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- How Do I buy a short sale house that is still owned by the seller?
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.
