The Westborough Homes For Sale Market Report

Westborough checks in with a bunch of encouraging sales data - yet the HSI is actually down, to 121.  What happened?

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

Even though market time is way down, and transactions are up, the number of homes for sale has risen sharply, as the buyers are taking a break right now. There's a lot fewer houses coming on, and I think the buyers will return, but right now - things are sitting a little bit. How long remains a mystery.  

 

What should active home buyers do in Westborough?

Don't get complacent. Just because things aren't crazy, doesn't mean attractive and well priced homes are sitting around. Instead of selling in hours, they are selling in days, so you still can't go on vacation. Things could get more hectic as we go along, but right now it's quieter. For homes that have been sitting, but are too high, it's a good time to break out the pencil sharpener.

Find Your Next Home or Check out the Competition!

 

What should potential home sellers do in Westborough?

Good news for sellers, home prices are at a record! Bad news for sellers - competition is building. Right now, competition is still light (anything under 100 homes is light). But it's higher, and buyers have been very picky this year. Make sure your home is ready, when the buyers come back, you'll want to come on.

 

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

 

  • Westborough‘s “Home Seller Index” (HSI):121 Last Report: 156
  • There are 65 homes listed as For Sale.

    The force may be powerful

    but it's not a good way to

    find a house.
  • There have been 118 houses sold in the last 6 months, and 105 homes sold in the last 3 months in Westborough.
  • The Average number of Days on Market was 36 days for just SOLD homes.
  • There is an Average Market Time of 83 days of the Westborough homes For Sale (currently for sale).
  • The amount that was paid in Dollars per Square Foot averaged $205 (vs. 198 in the last report)
  • Current sellers are looking for $ 215 /sq. foot
  • There was an Average Sold Price of $492,334 for sold homes.
  • Westborough, 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…

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.