Westborough Housing Market Statistics Overview
Well, this is a ugly buyer report for homes in Westborough. 54 Homes for sale in a town of this size is really small, and I know that a lot of homes were de-listed for the holidays, but still, there's not much to buy. Looking at the market time of the For Sale Homes, and we see that the homes that are on the market have already been on the market for 9 months or more - so they probably aren't the best houses left. Hopefully we'll see a big rebound in inventory this year, otherwise the steep drop in transactions that Westborough saw in the last three months (35, which is just terrible) will persist.
Find Your Next Home or Check out the Competition!
Some good news is that the lender impacted homes are way down. Just five short-sales and only one foreclosure in town, so what is on the market is ready to be sold. With so little inventory, buyers will be chasing inventory, be sure of it, so if you see a winner, don't wait for others to find it.
Westborough Housing Market Statistics - Raw MLS Data
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Westborough has Buyers, but Lack of Home Sellers is Keeping Transaction Volume Low |
- There are 54 homes (Vs. 90 in the last Westborough Home Sales Report) listed as For Sale.
- There have been 88 houses sold (vs. 105) in the last 6 months, and 35 homes sold (vs 63) in the last 3 months.
- There was an Average Market Time of 91 days for just SOLD homes.
- There is an Average Market Time of 231 days of the homes For Sale.
- The Dollars paid per Square Foot in Westborough is $185
- There was an Average Sold Price of $443,949 for sold homes.
- Westborough has 1 properties (vs. 2) advertised as lender owned (typically foreclosure) .
- Westborough has 5 properties (vs. 9) advertised as short sales required by lender .
- Westborough “Hot Seller Index”: 95 Last Report: 91
*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.
