March

The Framingham Homes For Sale Market Report

A first glance at the pricing data looks the same as many before it.  Buyers willing to pay higher prices, and sellers staying in advance of that demand.  It's been remarkably consistent. 

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

However, when we look at the data underlying the pricing trend, things are a little more complicated.  Inventory is at all time lows, which we've seen a lot, but it's been so low that even transactions are way down.  Transactions haven't been this low since 2014.   The rising HSI says there's plenty of pressure on prices, but it's hard to say if transactions are falling or just constrained due to home inventory.  

What should potential home buyers do in Framingham ?

Yikes.  Hope for more inventory, because there is very little, and what little there is will get a lot of outsized attention.  Unlike some other towns recently reviewed, Framingham sellers are staying close to where prices have seen success.  Or said another way, there are fewer sellers reaching for over the moon prices. 

Find Your Next Home or Check out the Competition!

What should future home sellers do in Framingham ?

Ride the wave!  Get your home in top sale condition for a fast sale and top prices - prices which are rising almost everyday.

Framingham Homes For Sale and Sold Market Statistics - MLS Data

  • The Framingham “Home Seller Index” (HSI): 330 Last Report:313
  • There are 46 homes actively listed as For Sale for Home Buyers.
  • In the last 6 months, there have been 340 houses sold, and 187 homes sold in the last 3 months in Framingham.
  • The Average number of Days on Market was 28 days for recently SOLD homes.
  • There is an Average Market Time of 87 days of the Framingham homes For Sale (currently for sale).
  • The amount that was paid by Home buyers in Dollars per Square Foot averaged $223 (vs. $224 in the last report)
  • Current home sellers are looking for $ 231 /sq. foot
  • There was an Average Sold Price of $432,083 .
  • Framingham , MA, has 2 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!.

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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.