January 5th, 2011

 

  • Westborough has 55 (vs. 70 in last report) single family homes listed as Active
  • Westborough had 48 (vs. 67) single family sales in the last 6 months, and 21 single family sales last 3 months
  • Westborough has an Average Market Time of 138 (VS 111) days for SOLD properties
  • Westborough has an Average Market Time of 186 days for ACTIVE properties
  • Westborough has an Average Sold Price of $ 490,000 for sold properties

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Question about the terms used here?  Check my Explanation for Mass Home Sale Statistics

 

Analysis of Westborough Real Estate Statistics

Westborough has been caught in the seasonal slowdown as both actives and sales are down from the last report, fairly significantly.  Also of note is that the days on market is climbing steadily from several months ago, showing that the lack of inventory (Westborough's size dictates there should be more on the market than there is) is hurting sales.  Despite what looks like a softening in the market, buyers should note that Westborough has been quite strong for some time, and buyers will move quickly on desirable properties. That are priced appropriately.  Sellers should note that with such limited inventory, it is like that they will get solid demand when listing in almost any location and price range.

 



ALL REAL ESTATE IS LOCAL!  No matter if your town is HOT or COLD, an agent who knows the market can help you position your home for sale. (That would be me.) For more detailed reporting, including breakdowns by price range,contact Matt Heisler of Heisler & Mattson directly!

 

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About Matt

Matt Heisler is a real-estate professional and owner of Heisler & Mattson Properties.  He has been selling residential real-estate for over 10 years.  He has given several talks on real estate, including presentations on first-time buyer tips & tricks, and profiting in real estate investing in Massachusetts. 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.

 

 

Do Good Things Today! Matt Heisler

 

 

11/18/10

 

 

 

 

  • Westborough, MA has 70 (vs. 78 in last report) single family home listed as Active
  • Westborough, MA had 67 (vs. 66) single family sales in the last 6 months, and 11 single family sales last month
  • Westborough, MA had 2 single family homes in pending last month
  • Westborough, MA has an Average Market Time of 111 days (vs 99) for sold properties
  • Westborough, MA has an Average Sold Price of $ 461,000 for sold properties

 

 

 

The Westborough Market has stayed tight, with just 70 active homes on the market. The midpoint of the actives is right at 550K, so if you're looking under that number, expect the market to be much better for sellers - and tougher for buyers. With the DOM softening a bit, Westborough is looking a little bit more like neighboring towns, but I would expect things to get tighter quickly next year if the inventory doesn't move up, as the inventory remains restricted for a town of this size.

 

For more detailed reporting, including breakdowns by price range, contact me directly!

 

 

 

 

Matt Heisler is a real-estate professional and owner of Heisler & Mattson Properties. He has been selling residential real-estate for over 10 years. He has given several talks on real estate, including presentations on first-time buyer tips & tricks, and profiting in real estate investing in Massachusetts. 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.

 

 

8/20/10

 

 

 

  • Westborough had 11 single family sales last month, and 66 single family sales in the last 6 months
  • Westborough had 2 single family homes in pending last month
  • Westborough has 78 single family home listed as Active

The Westborough market is showing signs of loosening up slightly.  It remains competitive, with average market time of active properties at 147 days, and sold properties at 99, good properties are moving quickly.  Properties with condition issues, price issues, or location/lot issues are not moving as quickly.


Find Your Next Home or Check out the Competition!

 

For more detailed reporting, contact me directly!





 


*All information is posted in good faith and is assumed to be reliable, but may rely on third party information sources.