Shrewsbury, MA - Home Sales Statistics (Sept)

 

Analysis of Shrewsbury Housing Market Statistics

Shrewsbury has improved for sellers.  This neutral market has gotten a little tighter for buyers.  Active days on market is falling, showing less pressure on sellers to cut prices, and average prices are up - showing buyers are willing to pay a bit more as well.  There's still not enough inventory to suggest that Shrewsbury is a sellers market, but buyers be warned - properties in good condition in good locations will generate a lot of activity and move quickly if priced right.

 

Shrewsbury Housing Market Statistics - Raw Data

 

Fall brings a better Market for Home Sellers

• There are 212 homes (vs. 212 in the last Shrewsbury Home Sales Report) listed as For Sale.
• There have been 173 houses sold (vs. 136) in the last 6 months, and 113 homes sold (vs. 95) in the last 3 months.
• There was an Average Market Time of 132 days (vs. 155) for just SOLD homes.
• There is an Average Market Time of 162 days of the homes For Sale.
• There was an Average Sold Price of $395,613 for sold homes.
• Shrewsbury has 1 properties (vs. 1)  advertised as lender owned (typically foreclosure) .
• Shrewsbury has 13 properties (vs. 10) advertised as short sales required by lender .
• Shrewsbury “Hot Seller Index”: 72 Last Report: 76

 

 

*All statistics are for Single Family Homes.

 

Read my Explanation for Massachusetts Home Data Reports.

 

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Matt Heisler is a real-estate professional and owner of Heisler & Mattson Properties. He has been selling residential real-estate for over 20 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.