The Marlborough Homes For Sale Market Report

Marlborough is riding a wave of home price improvements, as the market continues to tighten.  We're seeing a lot of late bloomers in this market, which I think shows that the economic recovery is in full swing, and also that Millenials are looking to housing for security against rental increases.  A little late to the party, but still time to have some upside!

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

Nothing confusing about this price graph!  Up and to the right as they say....

 

What should potential home buyers do in Marlborough?

Marlborough is at a five year low in inventory - the toughest market in a LONG time.  Buyers, here and everwhere, should be town flexible, and move quick on homes in neighborhoods that look fairly priced (if a neighborhood home is your preference).  

Find Your Next Home or Check out the Competition!

What should future home sellers do in Marlborough?

Home Sellers should recognize the market is very favorable and well positioned homes are moving fast.  Homes that show well and are in good condition are often getting multiple bids and are sold in a week.  Aggressively priced fixer-uppers are also moving quickly.  With inventories at multi-year lows, there doesn't look to be any break in the trend soon!

Marlborough Homes For Sale and Sold Market Statistics - MLS Data

  • The Marlborough “Home Seller Index” (HSI):280 Last Report: 240
  • There are 38 homes actively listed as For Sale for Home Buyers.
  • In the last 6 months, there have been 231 houses sold, and 126 homes sold in the last 3 months in Marlborough.
  • The Average number of Days on Market was 32 days for recently SOLD homes.
  • There is an Average Market Time of 107 days of the Marlborough homes For Sale (currently for sale).
  • The amount that was paid by Home buyers in Dollars per Square Foot averaged $190 (vs. $189 in the last report)
  • Current home sellers are looking for $209 /sq foot
  • There was an Average Sold Price of $357,803 .
  • Marlborough , MA, has 3 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!.

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.