Analysis of Southborough Housing Market Statistics
Southborough continues to improve for sellers, as buyers struggle with the options available. For the most part, the sellers and buyers have kept pace with each other, but the buyers are chipping away at the home for sale, and now Southborough has just 75 properties available. 77 houses sold in the last six months is probably the best pace in several years, but it'll slow a bit now that the fall is here - and sellers aren't moving much inventory on the market.
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Southborough Housing Market Statistics - Raw Data
- There are 75 homes listed as For Sale (vs. 85 in the last Southborough Home Sales Report).
- There have been 77 houses sold (vs. 64) in the last 6 months, and 51 homes sold in the last 3 months.
- There was an Average Market Time of 134 days (vs. 151) for just SOLD homes.
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- There is an Average Market Time of 155 days of the homes For Sale.
- There was an Average Sold Price of $551,342 for sold homes.
- Southborough has 1 properties (vs. 1) advertised as lender owned (typically foreclosure) .
- Southborough has 4 properties (vs. 2) advertised as short sales required by lender .
- Southborough “Hot Seller Index”: 82 Last Report: 78
*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.
