The Westborough Homes For Sale Market Report

Moving a little east, we check in with Upton's much larger neighbor, Westborough. Westborough has gone on a bit of a run here, and prices have moved a bit up.

Home sellers have adjusted prices to meet the market,

and have been rewarded with sales.

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

Notice that UNLIKE Upton, Westborough home sellers are priced near the market - which is an indicator that sales will continue at a good pace. Even with prices up, and demand just as strong as in Upton - home sellers look to be far more rational.

What should active home buyers do in Westborough?

If you look at the detail data below, Westborough has been very busy in the last 3 months. That means most of the good stuff is gone - and what's left needs work or has other issues. Just because on average prices are near where they should be doesn't mean you don't need to be careful - if you are buying a home with more than the "average" number of issues, it may still be priced high. Just a reminder that trends are useful, but houses are individuals, and should be assessed as such.

Find Your Next Home or Check out the Competition!

 

What should potential home sellers do in Westborough?

Home sellers rejoice - the market is good. Prices are at the highest point since we've been tracking, and transaction volume is also at a record for Westborough. With inventory low, but not critically low, the Spring market - and really early 2016 - sets up well. Westborough looks to have a very strong year - as long as new listings don't get too far ahead of the market.

Transaction volume (Yellow) has set a record, showing buyers like what they see

in Westborough

 

Westborough Houses For Sale and Sold Market Statistics - MLS Data

 

  • Westborough‘s “Home Seller Index” (HSI): 130 Last Report: 121
  • There are 56 homes listed as For Sale.
  • There have been 157 houses sold in the last 6 months, and 93 homes sold in the last 3 months in Westborough.

    Leaves are falling, but home prices are rising in

    Westborough!
  • The Average number of Days on Market was 39 days for just SOLD homes.
  • There is an Average Market Time of 118 days of the Westborough homes For Sale (currently for sale).
  • The amount that was paid in Dollars per Square Foot averaged 211 (vs. 205 in the last report)
  • Current sellers are looking for $213 /sq foot
  • There was an Average Sold Price of $474,675 for sold homes.
  • Westborough, MA, has 0 properties advertised as lender owned or foreclosure (typically foreclosure) .
  • There are 1 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.