June
The Natick Homes For Sale Market Report
What's interesting about this report is that the HSI is still very high (see chart below), at 255. It has remained between 250 and up for over a year - but prices paid have flattened out. The market remains good if you're under 700K, but with the average listing price near 900K, there are a few homes that just aren't selling. If you've been following Natick in this space, it's been the energizer bunny, it keeps on going and going.
But now, it has stalled.
Can’t see the chart? You can find it Here .
Looking closer at the the data, we see the transactions are down, but not sharply, and remain elevated. Inventories remain tight, about where they were last year.
What should potential home buyers do in Natick ?
Home buyers should be wary of setting new price levels. That hasn't been the case. Things in lower prices ranges are moving quickly, but there are lots of choices above 1M.
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What should future home sellers do in Natick ?
Home sellers still have a great market. But it does look like there could be no more room to run, for a while anyway. If you were looking for a time to get out - now could be that time.
Natick Homes For Sale and Sold Market Statistics - MLS Data
- The Natick “Home Seller Index” (HSI): 255 Last Report: 309
- There are 44 homes actively listed as For Sale for Home Buyers.
- In Natick there have been 211 houses sold in the last 6 months, and 140 homes sold in the last 3 months.
- The Average number of Days on Market was 30 days for recently SOLD homes In Natick.
- Homes for sale have been sitting for an average of 82 days homes For Sale (currently for sale).
- The amount that was paid by Home buyers in Dollars per Sq. Ft. averaged $293 (vs. 293 in the last report)
- Current home sellers are looking for $298 /sq foot
- There was an Average Sold Price of $627,162 .
- Natick , MA, has 0 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!.
An Educated Home Buyer is a Happy Home Owner. Read On!
- What is a pre-foreclosure house and how can I buy one?
- What should the humidity in my home be to prevent mold and mildew and other moisture issues?
- How can I reduce the risk of a failed title V and take care of my septic system?
- Have a home? Quick 10 ways to save money!
- Can I win my bid war by dropping contingencies, and should I do that?
- Prices and assessments are up! Do you need to file an abatement?
- When you sign your offer, you’re promising a lot of things unless you legally exclude them. Don’t get surprised!
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.
