The Sutton Homes For Sale Market Report

The Sutton housing market has taken a pretty sharp shift to favor sellers. With just

38 homes for sale, and many of those headed for the sold column, buyers are going to find the January market awfully bare. I have a theory that there are going to be a lot of sellers in January and February - a hangover from the election cycle where things were very quiet - but we won't be able to see if that theory has any merit this week. Here's the chart:

 

 

 

As we've seen elsewhere, the buyers have really been the story, as they have continued to buy property - even though sellers have largely stayed off the market. Buyers will have to be aggressive in Sutton - don't let a property you like go to

someone else over a couple of thousand dollars!! Sellers should use the spring market to push prices up, as the demand is there.

 

Just as an aside, we've seen a huge jump in $/sq foot in Sutton, with a record at $160

 

Sutton Houses For Sale and Sold Market Statistics - Raw MLS Data

Snow falling as the new year approaches.

 

• There are 38 homes listed as For Sale.
• There have been 59 houses sold in the last 6 months, and 36 homes sold in the last 3 months.
• The Average number of Days on Market was 138 days for just SOLD homes.
• There is an Average Market Time of 213 days of the homes For Sale (currently for sale).
• The Dollars paid per Square Foot in Sutton is $160 (vs. $152 )
• There was an Average Sold Price of $317,525 for sold homes.
• Sutton has 2 properties (vs 5) advertised as lender owned/foreclosure (typically foreclosure) .
• Sutton has 9 properties (vs. 11) advertised as a short-sale is going to be needed by lender .
• Sutton “Home Seller Index” (HSI): 92 Last Report: 76

 

 

*All statistics are for Single Family Houses and based on data in MLS.

 

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About Matt Heisler

Matt Heisler is a real-estate professional and owner of this website. He has been selling homes in MA for buyers and sellers for over 20 years. He is an expert in foreclosure purchases, short-sale purchases, short-sale sales, buy and hold investing, fix and flip investing, and of course traditional residential home sales. He is happy to take questions as they pertain to real estate on Title V, Radon, Termites, Sump Pumps, Roofs, Foundations, Wells, Septic Systems, Cash-Flow, Staging, and a host of other housing issues. As a Vanderbilt University alumnus, he is proud to serve his local community.

Do Good Things Today! Matt Heisler

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