Homes For Sale in Westborough Market Report

 

A quick look at Westborough and we see that the HSI has come down a bit - but not too much - as the number of homes on the market continues to fall. What is interesting is that prices

remain pretty stable. As noted in my price increases report, Westborough hasn't seen the prices move like we have seen elsewhere in Metrowest.  I think that's because the tax rate jumped a couple of years ago, but that is likely a temporary issue, as an improving economy will restock the commercial tax base coffers.

 

Homes sales are down, but not fast enough to create more homes on the market.

Can’t see the chart? You can find it Here .

 

That's strange to me because the HSI has been above a hundred for almost a year, and I have a hard time believing things will stay this way in Westborough as the pressure shows little signs of letting up.

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I guess we'll see soon enough. Unlike the last report in Upton, the number of homes for sale in Westborough is still falling, but that should reverse - at least a little bit - in the next couple of months.

 

 

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

 

  • Westborough‘s “Home Seller Index” (HSI): 154 Last Report: 171
  • There are 27 homes listed as For Sale.

    Here's an idea: Home buyers should

    check out Westborough - if the tax rate falls, instant

    equity could be your reward.
  • There have been 99 houses sold in the last 6 months, and 46 homes sold in the last 3 months in Westborough.
  • The Average number of Days on Market was 103 days for just SOLD homes.
  • There is an Average Market Time of 93 days of the homes For Sale (currently for sale).
  • The amount that was paid in Dollars per Square Foot averaged $189 (vs. $190)
  • There was an Average Sold Price of $418,813 for sold homes.
  • Westborough, MA, has 0 properties (vs. 2) advertised as lender owned or foreclosure (typically foreclosure) .
  • Westborough has 1 properties (vs. 2) 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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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.