- Southborough, MA has 71 single family home listed as Active (versus 70 in last report)
- Southborough, MA had 50 (versus 53) single family sales in the last 6 months, and 6 single family sales last month
- Southborough, MA had 4 single family homes in pending last month
- Southborough, MA has an Average Market Time of 102 (vs. 97) days for sold properties
- Southborough, MA has an Average Sold Price of $ 625,203 (vs. 652K) for sold properties
|
|
|
The Southborough Market is deceptively tight |
The Southborough Market has shown a little seasonal softening, but overall data trends look fairly good with the sold time aggressive at 102 days on market. Even Southborough's active properties have not been around too long, with an average of 122 DOM. The active/solds ratio is a little out of balance and predicts more softening to come, but in a small town like Southborough, that can change pretty quickly. Also worth noting is that 23 (or about 33%) of the town's inventory is above 700K, so the lower price ranges are much more competitive and productive for sellers. Luxury buyers have options but should choose carefully, as the small pool of comparables can make research difficult.
For more detailed reporting, including breakdowns by price range, contact me directly!
Southborough Condos Stats
Top Seven Articles
Hudson, MA Recent Home Sales Trends
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.
