May

The Marlborough Homes For Sale Market Report

Marlborough and Hudson usually look pretty similar, and they do again.  Prices moving sharply upward, with huge jumps since 2013.  It's been steady, and it demonstrates the lack of affordability in many of the surrounding towns, pushing more and more people further West.  

This is not  a new trend!  Prices, in general, in Massachusetts, rise in the east, closer to Boston first, and then as the cycle lengthens, prices move higher out west. Tracking this price lag is what we're all about here on the blog. 

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

What should potential home buyers do in Marlborough?

Just like in Hudson, buyers in Marlborough should be looking at multiple towns.  Marlborough and Hudson have both played "catch-up" and are no longer the screaming good deals they were before 2013.  

Find Your Next Home or Check out the Competition!

What should future home sellers do in Marlborough?

I would say the future is now for Home Sellers in Marlborough, assuming the opportunity to go elsewhere - with less demand in that location - is available.  With interest rates on the rise, it won't be long before prices stop going up.  I'm not saying they are going to go down - not yet- but the years of 5-8% jumps in prices are ending, if they haven't already.  By this time in 2018, I expect to be seeing inventory rises across many of the towns - and either price stabilization or some softening. 

Marlborough Homes For Sale and Sold Market Statistics - MLS Data

  • The Marlborough “Home Seller Index” (HSI): 209 Last Report:280
  • There are 44 homes actively listed as For Sale for Home Buyers.
  • In Marlborough there have been 170 houses sold in the last 6 months, and 123 homes sold in the last 3 months.
  • The Average number of Days on Market was 41 days for recently SOLD homes In Marlborough.
  • Homes for sale have been sitting for an average of 63 days homes For Sale (currently for sale).
  • The amount that was paid by Home buyers in Dollars per Sq. Ft. averaged $197 (vs. $190 in the last report)
  • Current home sellers are looking for $209 /sq foot
  • There was an Average Sold Price of $352,038 .
  • Marlborough, MA, has 2 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.