Sutton Housing Market Statistics Overview
Sutton has improved for sellers slightly, and become a bit tougher for buyers. Any score in the mid-70's reflects a neutral market, and that's really what we have here. Nothing really stands out in the report, except that much of the inventory that was sitting around in the last report is still sitting. Seller stubbornness or buyers unwilling to purchase property that has troubles? Hard to tell, probably a little of both. Although there will be new inventory in the new year, there are also a number of pendings home sales - so sales will probably keep on trucking.
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Also note that although foreclosures are up, shorts-sales are down a bit. Overall, there's more bank impacted inventory (10 out of 43 actives is quite a bit), but just one more than the 9 before.
Sutton Housing Market Statistics - Raw MLS Data
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Will there be more houses for sale for buyers in the new year? Time will tell. |
- There are 43 homes listed as For Sale (vs. 62 in the last Sutton Home Sales Report).
- There have been 42 houses sold (vs. 44) in the last 6 months, and 23 homes sold (vs. 25) in the last 3 months.
- There was an Average Market Time of 136 days (vs. 154) for just SOLD homes.
- There is an Average Market Time of 208 days (vs. 128) of the homes For Sale.
- The Dollars paid per Square Foot in Sutton is $155
- There was an Average Sold Price of $349,611 for sold homes.
- Sutton has 4 properties (vs. 2) advertised as lender owned (typically foreclosure) .
- Sutton has 6 properties advertised as short sales (vs. 7) required by lender .
- Sutton “Hot Seller Index”: 74 Last Report: 70
*All statistics are for Single Family Houses and based on data in MLS.
Read my Explanation for Massachusetts Home Data Reports.
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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.
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*All information is posted in good faith and is assumed to be reliable, but may rely on third party information sources.
