April

The Westborough Mass Homes For Sale Market Report and Statistics

Westborough, like other towns, has seen a narrowing of the prices paid and the prices asked.  This data reflects a lot of pre-COVID numbers, so so you can see that the market was getting less optimistic even before the pandemic response. 

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

We see the HSI is still good, but not special. This is because - at the moment - the drop in inventory and the drop in transactions are cancelling each other out.  Not sure how much longer that will be the case. 

What should potential home buyers do in Westborough?

Home buyers will see reduced inventory and reduced competition. Some houses - priced right - will sit any way, as many buyers take a back seat.  I expect more aggressive buyers to be making below market offers in the coming weeks. 

Find Your Next Home or Check out the Competition!

What should future home sellers do in Westborough?

Home sellers should proceed with caution. The market strategies that used to work may not work depending on your market segment.  In particular, the luxury market looks to be slowing down considerably.  This could all be very transitory, but it's hard to know for sure right now. 

Westborough Homes For Sale and Sold Market Statistics - MLS Data

  • The Westborough “Home Seller Index” (HSI): 136 Last Report:140
  • There are 29 homes currently listed as For Sale by Home Sellers.
  • In Westboroughthere have been 83 houses sold in the last 6 months, and 48 homes sold in the last 3 months.
  • The Average number of Days on Market (DOM) was 75 days for the last 6 months of SOLD homes In Westborough.
  • Homes for sale have been looking for buyers for an average of 98 days (the homes currently for sale).
  • The amount that was paid by Home buyers in Dollars per Sq. Ft. averaged $229 (vs. $236 in the last report)
  • Current home sellers are looking for $ 235/sq foot
  • There was an Average Sold Price of $ 572,075 .
  • Westborough, MA, has 0 properties advertised as lender owned or foreclosure (typically foreclosure) .
  • There are 0 properties advertised as a short-sale is going to be needed by the lender.

All raw data are for Single Family Houses and based on data in MLS. Matt’s HSI is proprietary*, and is designed to offer town-by-town information, instead of large scale trends. *That means you won’t find it anywhere else. Take that, Case-Schilling!.

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