Analysis of Sutton Housing Market Statistics
At first glance, the extra inventory suggests a little too much inventory in Sutton, but a quick look at the pendings shows the next report will likely be quite strong, and more balanced. Looks like Sutton has been busy in September, but that's too soon to show up in the statistics. We're not going to see a rip roarin' market though, just a neutral one, and buyers will find price ranges where inventory is decent, and there are viable options. Buyers should be aware though, that with actives averaging just 120 days, there won't be very many sellers will anxious to take aggressive bids, they just won't be anxious enough.
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Sutton Housing Market Statistics - Raw Data
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Sutton is a little slow for home sellers, but the market is moving. |
- There are 62 homes (vs. 55 homes for sale in the last Sutton Home Sales Report) listed as For Sale.
- There have been 44 houses sold (vs. 45) in the last 6 months, and 25 homes sold (vs. 30) in the last 3 months.
- There was an Average Market Time of 154 days for just SOLD homes.
- There is an Average Market Time of 128 days of the homes For Sale.
- There was an Average Sold Price of $352,750 for sold homes.
- Sutton has 2 properties (vs. 3) advertised as lender owned (typically foreclosure) .
- Sutton has 7 properties (vs. 6) advertised as short sales required by lender .
- Sutton “Hot Seller Index”: 70 Last Report: 76
*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.
