Homes For Sale in Westborough Market Report
Westborough is looking to start the year unfriendly to home buyers, as inventory has dropped to 25 houses (10 are withdrawn, so I'll call it 30). With 133 sales in the last 6 months, that pace will have to come down with out a substantial rise in property for sale.
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The HSI hits a new record in Westborough, showing demand for homes is at a high. |
Can’t see the chart? You can find it Here .
Yes, that's the HSI at 170, showing that prices are rising in Westborough and they will likely continue to rise as we go through the new year.
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No surprise that the bank impacted inventory is down to very little, with just one short-sale house for sale in Westborough.
Westborough Houses For Sale and Sold Market Statistics - Raw MLS Data
- Westborough‘s “Home Seller Index” (HSI):171 Last Report: 112
- There are 30 homes listed as For Sale in Westborough.
Home Buyers may need to use
THE FORCE
to find a home In Westborough in 2014
- There have been 133 houses sold in the last 6 months, and 61 homes sold in the last 3 months.
- The Average number of Days on Market was 84 days for just SOLD homes.
- There is an Average Market Time of 116 days of the homes For Sale (currently for sale).
- The amount that was paid in Dollars per Square Foot averaged $190 (vs. $185 )
- There was an Average Sold Price of $463,779 for sold homes.
- Westborough, MA, has 0 properties (Vs. 2 in the last report)advertised as lender owned/foreclosure (typically foreclosure) .
- Westborough has 1 properties advertised as a short-sale is going to be needed by lender.
*All statistics are for Single Family Houses and based on data in MLS. Matt’s HSI is proprietary. (That means you won’t find it anywhere else. Take that, Case-Schilling!).
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- How do I get the seller to pay my closing costs, and is it free money?
- An easy way to save money? LED light bulbs.
- How do I prepare for getting ready to buy a house?
- What happens to my credit after a short sale?
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.
