- Southborough, MA has 62 homes (vs. 49 in the last Southborough Home Sales Report) listed as Active.
- Southborough, MA had 44 houses (vs. 31) sold in the last 6 months, and 23 homes (vs. 16) sold in the last 3 months.
- Southborough, MA has an Average Market Time of 157 days for SOLD homes.
- Southborough, MA has an Average Market Time of 162 days for ACTIVE homes.
- Southborough, MA has an Average Sold Price of $658,651 for sold homes.
- Southborough, MA has zero properties advertised as lender owned (typically foreclosure) .
- Southborough, MA has 2 properties advertised as short sales required by lender .
*All statistics are for Single Family Homes.
Wondering about my Market Methodology? Read my Explanation for Massachusetts Home Statistics.
Analysis of Housing Market Statistics
Southborough, Massachusetts: Southborough surprises with no foreclosed homes on the market. Typically, at this time of year, we would have 75 houses on the market or more, so count Southborough as one of the towns short on inventory. But after the horrible fall in Southborough where sales really slowed down, we are seeing a bit of a pick up. Inventory bounced back too, so the active/solds ratio didn't improve, but momentum and sales are both up. Market time is quite high given the limited inventory.
Our Top Articles
- Ice Dam Prevention Tips and Tricks!
- Does the basement get water? Don't wait to find out!
- Can I use an FHA loan for a condo? It depends.
- What is Deed In Lieu of Foreclosure?
- How can I save money on my home? 10 Quick tips anyone can do.
- WHAT DOES 'PASSED TITLE V', or 'TITLE V IN HAND' MEAN?
- Should I get an adjustable or a fixed rate mortgage?
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.
