March

The Grafton Homes For Sale Market Report

Grafton looks marginally better for home sellers this year.  Nothing drastic.  Despite the significant discount to both Shrewsbury and Westborough prices, Grafton is still a laggard in this market, and fighting to get back to where it was in 2005.  

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

Let's look at the detail data. Inventory continues to drop.  That tells me that prices could be getting ready for a sharp tick upwards.  The HSI is a little muddled because of the High Point Drive new construction - some listings are multi-year listings waiting for a sale.  Once those start moving off, things will probably look quite a bit better. 

What should potential home buyers do in Grafton ?

Well, in some price ranges there are still choices.  There will be bid wars, but they will be scattered around and not everywhere.  Home sellers have largely remained close to where prices are happening, although there was a notable uptick in the last report. 

 

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What should future home sellers do in Grafton ?

Home sellers should maybe wait one more year?  This year will be good, but we still haven't seen the big price jump in Grafton yet.  It's probably coming, but it's been a long wait for many. 

Grafton Homes For Sale and Sold Market Statistics - MLS Data

  • The Grafton “Home Seller Index” (HSI): 145 Last Report:181
  • There are 43 homes actively listed as For Sale for Home Buyers.
  • In Grafton there have been 113 houses sold in the last 6 months, and 63 homes sold in the last 3 months.
  • The Average number of Days on Market was 56 days for recently SOLD homes In Grafton.
  • Homes for sale have been sitting for an average of 421 days homes For Sale (currently for sale).
  • The amount that was paid by Home buyers in Dollars per Sq. Ft. averaged $184 (vs. 181 in the last report)
  • Current home sellers are looking for $ 200  /sq foot
  • There was an Average Sold Price of $390,068 .
  • Grafton , MA, has 1 properties advertised as lender owned or foreclosure (typically foreclosure) .
  • There are 0 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.