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Nov. 13, 2017

Real Estate Sales for Hudson, MA - Home Sales and Real Estate Market Report (2017)

 

November

The Hudson Homes For Sale Market Report

If the market gets much better in Hudson for sellers, it'll be on top of the "hot list" for towns - if it's not already.

Smashing through the pullback with a flurry of sales in the last 3 months, inventory of homes for sale has dried up.  Not much to buy!  Rising prices ahead, with a side of competitive bidding.

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

What spurred all this buying?  Well the home sellers drop their asking prices, and buyers came in and grabbed the perceived bargains.  Dropping your price in this market is an effective way to sell your home, if it's stuck.

What should potential home buyers do in Hudson?

Keep in mind that many buyers stop paying attention this time of year.  Don't be one of them!  Home sellers who need to sell come on this time of year, and they are usually pretty motivated to get things done, which is good for you!

What should future home sellers do in Hudson?

Make sure your home is ready and well priced, and then get out there!  It's a great market, and January will be good too.

Hudson Homes For Sale and Sold Market Statistics - MLS Data

  • The Hudson “Home Seller Index” (HSI): 330 Last Report: 294
  • There are 21 homes actively listed as For Sale for Home Buyers.
  • In Hudson there have been 118 houses sold in the last 6 months, and 74 homes sold in the last 3 months.
  • The Average number of Days on Market was 19 days for recently SOLD homes In Hudson.
  • Homes for sale have been sitting for an average of 81 days homes For Sale (currently for sale).
  • The amount that was paid by Home buyers in Dollars per Sq. Ft. averaged 207 (vs. 210 in the last report)
  • Current home sellers are looking for $ 223 /sq foot
  • There was an Average Sold Price of $364,202 .
  • Hudson, MA, has 2 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!.

May

The Hudson Homes For Sale Market Report

OK!  Well, Hudson, when we last checked in, had a ridiculous HSI of 300, and for over a year and a half, that number has been above 250. That means there tremendous buying pressure, and there's only one way to get rid of that amount of buying pressure - rising prices.

Basically, they've gone up, and sharply.  Almost 6% in 6 months, which is one of the sharpest rises we've seen here on the blog. 

 

To put that in perspective, 2 years ago, we were at $163/ sq foot, and now we are at $212.  That's 30% in 2 years, which is just kinda ridonkulous. 

 

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

And, for the most part, it's worked.  The HSI is falling, although not very steeply, and with inventory levels so low, this could just be a reflection of the tight market and falling transaction volume.  We'll only know if prices are leveling off when homes stop selling, and right now, that's not the case. Certainly, sellers are being just as aggressive as ever, moving asking prices well in advance of current sale prices, but not illogically so, as we've seen elsewhere. 

What should potential home buyers do in Hudson?

Well, these higher prices might give some buyers some pause.  Really, I think Hudson may have overshot here a bit. Try not to be looking ONLY in Hudson - that might give you a distorted view on the market. 

Find Your Next Home or Check out the Competition!

What should future home sellers do in Hudson?

Future home sellers?  Now is the future!  Get your home on the market, especially if the plan is to move to another location where there is less competition.

Hudson Homes For Sale and Sold Market Statistics - MLS Data

  • The Hudson “Home Seller Index” (HSI):257 Last Report:300
  • There are 23 homes actively listed as For Sale for Home Buyers.
  • In Hudson there have been 87 houses sold in the last 6 months, and 58 homes sold in the last 3 months.
  • The Average number of Days on Market was 23 days for recently SOLD homes In Hudson.
  • Homes for sale have been sitting for an average of 41 days homes For Sale (currently for sale).
  • The amount that was paid by Home buyers in Dollars per Sq. Ft. averaged $212 (vs. $200 in the last report)
  • Current home sellers are looking for $ 225 /sq foot
  • There was an Average Sold Price of $379,447 .
  • Hudson, MA, has 2 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!.

Other Posts You May Enjoy by Matt the Realtor

Posted in Hudson, MA
Nov. 9, 2017

Real Estate Sales for Hopkinton, MA - Home Sales and Real Estate Market Report (2017)nov

November

The Hopkinton Homes For Sale Market Report

Hopkinton Home Sales remain strong, and the chart shows it.  Home buyers keep moving up, but home sellers are moving up just as fast, if not faster.  Inventory remains tight, and without inventory, prices may keep moving up.

Hopkinton Home Data

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

When we look at the detail chart, we see transactions remain strong, still in the top part of the history mix. Inventory remains low - but not at the lows, which were touched a few times in the past few years.  

What should potential home buyers do in Hopkinton ?

Recognize the market is competitive, and expensive.  While there's more inventory in certain price ranges, things that fall outside of those ranges are moving quite quickly. Lastly, note that the premium prices are being charged in the new construction - those prices are far above the trading rate of the rest of the inventory.

Find Your Next Home or Check out the Competition!

What should future home sellers do in Hopkinton ?

Home sellers continue to enjoy a robust market and keep getting higher prices.  While this is of little value if you're switching homes inside of Hopkinton, if you're downsizing and moving out, it can help a great deal.

Hopkinton Homes For Sale and Sold Market Statistics - MLS Data

  • The Hopkinton “Home Seller Index” (HSI): 181 Last Report:157
  • There are 59 homes actively listed as For Sale for Home Buyers.
  • In Hopkinton there have been 170 houses sold in the last 6 months, and 79 homes sold in the last 3 months.
  • The Average number of Days on Market was 34 days for recently SOLD homes In Hopkinton.
  • Homes for sale have been sitting for an average of 239 days homes For Sale (currently for sale).
  • The amount that was paid by Home buyers in Dollars per Sq. Ft. averaged 238 (vs.228  in the last report)
  • Current home sellers are looking for $269 /sq foot
  • There was an Average Sold Price of $654,889 .
  • Hopkinton , 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!.

Other Posts You May Enjoy by Matt the Realtor

Posted in Hopkinton MA
Nov. 7, 2017

Real Estate Sales for Holliston, MA - Home Sales and Real Estate Market Report (2017) nov

 November

The Holliston Homes For Sale Market Report

Little has changed in Holliston, but we did see a good surge in transaction volume this year.  At this point though, we find inventory little changed - still very tight - and price pressures have successfully move the buyers up.  No real evidence that's beginning to change yet.  

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

The detailed chart illustrates my meaning; inventory remains in the tight range it has been since 2015, and although transactions dropped last winter, they rebounded this spring. 

What should potential home buyers do in Holliston ?

Be aware prices are still rising, and premiums are being paid to neighborhood homes in good condition.  Be agreessive, be flexible. 

Find Your Next Home or Check out the Competition!

What should future home sellers do in Holliston ?

Home sellers have no worries in Holliston.  Prices are good and buyers are aggressive.  If you put the work in to getting your home ready for sale, you'll have a productive process.  Watch your price though - too high and you'll sit around.  Buyers are moving up, but they aren't crazy yet. 

Holliston Homes For Sale and Sold Market Statistics - MLS Data

  • The Holliston “Home Seller Index” (HSI): 209 Last Report: 194
  • There are 34 homes actively listed as For Sale for Home Buyers.
  • In Holliston there have been 147 houses sold in the last 6 months, and 75 homes sold in the last 3 months.
  • The Average number of Days on Market was 43 days for recently SOLD homes In Holliston .
  • Homes for sale have been sitting for an average of 96 days homes For Sale (currently for sale).
  • The amount that was paid by Home buyers in Dollars per Sq. Ft. averaged $233 (vs. $222 in the last report)
  • Current home sellers are looking for $ X /sq foot
  • There was an Average Sold Price of $532,497.
  • Holliston , 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!.

Other Posts You May Enjoy by Matt the Realtor

Posted in Holliston, MA
Nov. 5, 2017

Real Estate Sales for Grafton, MA - Home Sales and Real Estate Market Report (2017)-nov

 

November

The Grafton Homes For Sale Market Report

Look out Grafton, home buyers have found your town!  Prices have moved up in a steep line this year, and there are indicators that this is likely to continue.  Let's look at the overall market.

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

When we look at the detail data, we see that transaction are up in 2017, while inventory - is starting to really dry up.  This continues the long-term trend we've seen in Grafton, but we're really at an inflection point.  How can I tell?  There was some new construction sitting around - and not selling - which was contributing to really high active market days, in the 400's.  We're back under 300, and that means that the new construction is selling.  I bet we could be under 200 in six months.

What should potential home buyers do in Grafton?

Grafton was a great town to be a buyer.  Now?  Not so much.  As noted in the last report, things were getting tighter, but there were still choices.  Now, the choices are fewer - and selling faster. Grafton has joined towns were the selling just got a lot tougher. 

Find Your Next Home or Check out the Competition!

What should future home sellers do in Grafton?

In the last report, I noted that the "big push" in prices hadn't happened yet, but probably would soon.  It has now happened, so get out the broom and get your home ready to sell.  If you look at the data, prices jumped 7% in the last six months, and that is hard to construe as anything but hugely positive for sellers.

Grafton Homes For Sale and Sold Market Statistics - MLS Data

  • The Grafton “Home Seller Index” (HSI): 191 Last Report: 145
  • There are 36 homes actively listed as For Sale for Home Buyers.
  • In Grafton there have been 156 houses sold in the last 6 months, and 84 homes sold in the last 3 months.
  • The Average number of Days on Market was 59 days for recently SOLD homes In Grafton.
  • Homes for sale have been sitting for an average of 287 days homes For Sale (currently for sale).
  • The amount that was paid by Home buyers in Dollars per Sq. Ft. averaged $198 (vs. $184 in the last report)
  • Current home sellers are looking for $ X /sq foot
  • There was an Average Sold Price of 447,605 .
  • Grafton, MA, has 2 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!.

Other Posts You May Enjoy by Matt the Realtor

Posted in Grafton, MA
Nov. 3, 2017

Real Estate Sales for Framingham, MA - Home Sales and Real Estate Market Report (2017)

 

November

The Framingham Homes For Sale Market Report

Framingham checks in.  What a ride it has been.  From the bottom, prices are up 40% in Framingham.  Towns west of Framingham have not done so well, not at all.  At this point, one does need to wonder - does what goes up come down?  Is this a seminal change in the pecking order of Metrowest?  I'm not sure, but I do think with HSI repeatedly over 300 that Framingham is overheated.  Will we see a 10% downturn when things get cold?  That might be possible too.  We'll have to wait on that one though.

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

What should potential home buyers do in Framingham ?

Right now, it doesn't matter much.  What's on the market sells, and it sells fast.  Really, buyers, in their quest to stay close to Boston and 128, are doing this to themselves.  A lack of affordability inside the 128 Belt makes Framingham look cheap, even at these levels. With no inventory build, and constant pressure, things are going up in Framingham.

Find Your Next Home or Check out the Competition!

What should future home sellers do in Framingham ?

I'd recommend that you'd sell, and move further West.  This is a great time to downsize if you're in Framingham, where you can capture a historical premium relative to the other towns in Worcester county.  This is a rare opportunity!  

Framingham Homes For Sale and Sold Market Statistics - MLS Data

  • The Framingham “Home Seller Index” (HSI): 369 Last Report:330
  • There are 70 homes actively listed as For Sale for Home Buyers.
  • In Framingham there have been 478 houses sold in the last 6 months, and 262 homes sold in the last 3 months.
  • The Average number of Days on Market was 18 days for recently SOLD homes In Framingham.
  • Homes for sale have been sitting for an average of 66 days homes For Sale (currently for sale).
  • The amount that was paid by Home buyers in Dollars per Sq. Ft. averaged $ 247 (vs. 233 in the last report)
  • Current home sellers are looking for $ 247 /sq foot
  • There was an Average Sold Price of $ 263 .
  • Framingham , MA, has 4 properties advertised as lender owned or foreclosure (typically foreclosure) .
  • There are 1 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!.

Other Posts You May Enjoy by Matt the Realtor

Posted in Framingham, MA
Oct. 21, 2017

Home Staging Tricks For Getting your Home Ready to Sell

Home Staging Tricks

We all know that getting the most for your properties involves getting it looking "right" for the market.  But what do we mean when we talk about that?  Well, for most of us, there is a difference between how we "live" in a house and how we "sell" a house.  Houses that are ready to sell are super clean, never messy and put together.  They also flow, and emanate a sense of completeness.  Sound daunting and difficult? Well, it can be! But there are levels.  Here are some quick (and some not so quick) ways to help you get your home staged. 

Co-ordinated Color Scheme

There is simply no substitute for paint.  Relatively inexpensive, paint has the benefits of freshening up a house, and cleaning it all at the same time.  In addition,

Color

paint can be used to unify the palette of a home.  Over time, it's common for one room or several to "not match" - to not be co-coordinated with each other. Part of that is also furniture - your furniture may not match the last painting colors.  Rugs, artwork, towels - they all change over time.  Paint is great way to tie together all of those elements - and make sit feel great. 

Still not clear on what a palette is?  Check out this link from Potterybarn, which shows how a color ties a room together. Note the paint color matches something in the room - the floor, the furniture, or the artwork - and serves as a bridge to the same colors (and sometimes, but not necessarily) the same paint in the other room. 

 

 

Focal Point

Find the focal point in every room, and work the furniture around that.  What's a focal point? A focal point is where the eye is naturally drawn to in a room.  Fireplaces, mantles, bay windows, vaulted ceilings, they all can provide focal points.  They "center" the room visually, and pulling them together around this element is usually a big crowd pleaser.  Some rooms don't have an obvious focal point, but most do.  In the bedrooms, it is usually the beds.  Note in the picture, the room has two focal points, the fireplace and the TV under the vaulted ceiling.  Where is your eye drawn?  Mine is drawn to the TV, so that is likely the focal point of the room.

Trays

Trays are a great way to add color and some personality to any room. 

Take your typical home accessories (fruit bowls, candles, small plants, etc.) and put them on trays on tables, desks, and counters, to add color.  The benefit is that when the showing is over, you can just move the tray out of the way - and get your table or counter top back! 

Rule of 3

When adding life to those flat spaces, remember the rule of 3.  Add 3 things of different heights, and that's it.  Four starts to get crowded and cluttered.  Three always seems to work really well.

Clean

There's no substitute for a clean house when selling one.  Dollar for dollar, there's no better pay back either.  Remembering to clean all those hard to get to places and tcouching up the paint where it needs it will make your home fell like a hotel - and we all pay more to stay in hotels!  If it's been a while since you've deep cleaned, expect it to take a few passes - or hire out - it's a lot of work.  If you're looking for a check list to help you along, I have one here.

Laundry Basket Bingo

Looking for a way to clean up in a hurry? Grab a laundry basket and scoop everything up.  Backpacks, blankets, clothes, toys,  - anything hanging around.  Put the basket in the laundry room on top of the washer or dryer and you're set to head out. 

Floors instead of Rugs?  

Although some rugs really pull a space together, you can't go wrong with hardwood floors today.  Glossed up and ready to go, buyers are responding to these warm woods and clean surfaces that wood provides. 

Update light fixtures

Don't let a light fixture make a room feel old. Many light fixtures can be replaced for less than $25, and they can match each other throughout the house to give it a unified feel.

New Towels, bathmats

White always looks clean, and new white towels can do a lot to make a space feel fresh and clean.  The kids get to use them after you move of course! 

Master Bed Duvet Cover

Make sure your duvet is helping to pull the room together.  White is always a safe choice, but if you have something that will pull the room together there's a lot you can do with the master bed.  Master beds are often the focal point of the room, so don't forget this important piece of bedding.  Classing up the master with matching nightstands and lamps is an easy way to finish off this room.

Oct. 15, 2017

Why you need to be cautious when purchasing 1 bedrooms for investment or personal

One Bedroom Apartments

Ah, the one bedroom.  When you're on a budget, as an investor or just for yourself, the one bedroom looks like an attractive place to go.  It's cheap!  Sure, it's not big, but you don't need a lot of space. What's the harm?  You can always sell it later when you need something bigger. But you need to consider this property carefully.

 

The Problem with One Bedrooms

The problem with one bedrooms is they only have one bedroom!  And usually, the price difference between one and two bedrooms isn't that much.  So when things get soft - which means when the market is not hot - people almost always choose the 2 bedroom over the one bedroom.  That means one bedroom prices can vary wildly in various markets.

When Things are Good in the Real Estate Market

One bedrooms in this market look like a good way to save money.  Let's take a complex I know well (but shall remain nameless in this post).  Currently, the two bedrooms are selling from 160-180K.  The one bedrooms are 140-150K.  It looks like you can save quite a bit of money there! And it looks rational.  A one bedroom should be cheaper.  Of course, in 2017, prices are very good!  And the market is very hot.  But lets say, for example, that changes?  What can we expect? 

When Things are Bad in the Real Estate Market

It's the downturns that are problematic, with condos and one bedrooms especially.  Would you like to know how the very same one and two bedrooms that I discussed did during the last downturn?  That's great, I happen to have that information.  

The last downturn was very bad.  Nothing was spared.  2 bedroom apartments were selling at just 85-95K in this complex.  That was pretty representative of what happened.  So if you bought at the last top, you lost 50K in value - and certainly your whole downpayment - and it was a long ride back up (prices didn't really recover until 2013, 2014 in many parts of MA.)  But the one bedrooms did far worse.  They dropped to as low as 44,000.  Most of the sale prices were 55-59K, but even at 60K, you're talking about losing 60% of your valuation.  Ouch. 

Think ahead Investor of the One Bedroom!

And don't think - if you're an investor - that you can just ride it out.  Rents also went down 25%.  Which means you'll go from a property that makes "Break even" to one that is just hemorrhaging cash - and you can't sell it without taking an enormous loss.  Today, you can probably get $1000 for that one bedroom, but in bad market, you'd be lucky to get $600.  That's $5000 in lost income, each year.  Paying someone else's mortgage is not what investing in real estate is about.  

Hey, Wait a minute......

That's right if you've made it this far, you may have realized something.  Buying 1 bedrooms in a downturn is an EXCELLENT way to make money!  When the recovery hits, you'll be making a tremendous amount in equity.  If you'd bought a 1 bed in the down turn, at 55K, you could put 20% down, (which is 11K), rent it out, and today you could sell for $140K easily.  You'd probably averaged 3K in rent a year for 7 years (21K) and net 90K in equity, or almost $15K in profit per year.  15K in profit for just 11K down!!!  That's a winning formula.   Now, next time, prices won't get so low, but the pattern will be the same.  Bottom line, make sure you know your're goals when buying a 1 bed (or any condo!) near a market top.  

 

 

44,000.  55,000-59,000.

85,000   90,000-95,000

 

Sept. 24, 2017

Decluttering Your Home for a Future Sale

Decluttering Your Home for a Future Sale

As you get ready to sell your home, there are a couple of big projects that await you.  No, I'm not talking about replacing the carpet in the living room, and I'm not talking about the mismatched appliances that reside in your kitchen.  I'm talking about the dreaded Decluttering and Deep Cleaning. 

We know they need to be done.  We know they are easy to procrastinate.  And mostly, we know if we do them right, we'll sell our home faster and for more money than if we don't do them.  Cleaning, most people have a grasp on.  Sure, we're all a bit behind, but we get it.  (If you'd like a downloadable checklist, check here).  Decluttering though is a more remote concept for most people.  We do sort of understand what it is - "have less stuff" is probably as good a summary as any, but how do we do it?  This post is for people looking for constructive ways to declutter.

With the idea that you'll be moving, it's your chance to try out the minimalist life. Here's how to get started.

Start Packing

OK, we know the goal is to get rid of stuff.  There's two ways to do that.  One, throw it out (or sell it!).  Two, put it in a box, and save it for when you don't need to be so minimalist. Generally, for many things we own, 20% of the stuff is used 80% of the time.  That means 80% of the stuff is rarely used.  Even if you box up half that stuff, you're well on your way to being decluttered. I recommend, when boxing stuff, to clearly label boxes of stuff to keep as "Extra (whatever is in the box)".  You'll know later that this was the stuff you don't use all the time, and who knows?  Maybe you'll never unpack it.  OK.  Now we know that if we're not throwing it out or selling it, it goes in a box.  So where do we start?

Baskets

Bacon may make everything better with food, but baskets are the key to decluttering crowded spaces.  There is a downside of baskets - it can be hard to see what's in a basket above eye level - so look for ones that are easily labeled, and try not to mix what's inside.  Of course, if the basket thing is temporary, then no worries.  Easy to do: a) Find shelf b) Empty shelf c) clean shelf d) Box half of shelf as "extra" e) put remaining in baskets.  

 Cluttered.  Too much stuff, not too attracive containers, and things pretty much stuffed in there.    Baskets up and below make this closet sparkle.  Note the small number of clothes. Mimialist closet from machomoda.com.br Metal baskets allow you to compress larger items into smaller spaces. Organized Linen Closet courtesy of SimplyOrganized.me

In the Kitchen

Yikes it's clutter central! No room, when decluttering, is more important to fix than the kitchen.  And it's easier than you think.  Let's pack:  Extra coffee cups.  I have no fewer than 14 coffee cups in my kitchen.  At most, we need 4. That's 10 in a box.  Glasses?  Really, how often do you reach up for glasses and see the cabinet is empty?  Never? Me too. Half go in a box. Tupperware: Great time to find all the "unmatched ones" and recycle that plastic. Instant de-clutter.  Rarely used pans.  Can you get by without the lobster pot?  The cappuccino machine? How many cookie sheets do you need for the next couple of months?  Serving platters? Not to mention all the kitchen gadgets.  I bet I have 4 wine oppeners, and I probably don't even have 4 wine bottles in my house.  Box, Box, Box, Box. 

Don't neglect the pantry either.  Yes, it's great to have all those can in case we have a snow storm.  But you don't NEED them for right now.  Box. Or eat!  Just stop hoarding. 

Closets

Ladies, let's talk shoes!  I hear black goes with everything.  Put as many in a box as you can. No lie, my wife could put 20 pairs of shoes in a box and not miss them for at least 3 months.  For the boys, you can really go minimalist.  A couple of Dress shoes, kicks, and sandal/slippers and you're good to go. That's five pairs, and all you need for now.

Bringing us to: Jackets!  This one will hit home for New Englanders. We need 5 jackets for every season, but if you're going to close before winter is here (and most will!), boots, winter jackets, gloves, hats, all in a box.  Get down to a couple of mid weight jackets and something water proof and that's it. 

Garage Planning

There's two aspects to getting the garage ready.  First, it's probably pretty cluttered, so it needs to be cleaned and organized.  Second, where do you think you're going to put all those boxes?  Yep, the garage.  When selling your house, people know you're moving.  Putting things in the garage is totally OK - but clean the garage first.  There's probably a lot of stuff that can go right to the recycle bin or the trash, but also quite a bit that can be put in a box. 

Books and Bookcases

Yeah, you don't need all those books, stacked wall to wall and on top of each other.  Try to make it look decluttered! Here's a before and after for you.

  

Removing books makes it easy to go from busy to soothing. 

Shelves and Nooks

We all have shelves and spots in our house where pictures and nick-knacks gather.  Mostly, they gather dust!  They all go in a box, these elements of personalization don't help you sell, and dusty things that clutter are a negative. 

DVD's and Games

You know, these things are sell-able.  But if you want to keep them, in a box. Keep the top 10 favs, the rest can wait. 

Scan It

For the truly motivated, start scanning that mountain of paperwork.  First, get a good scanner.  Most Brother scanners will do 10-15 pages a minute, and they cost about $100.  Once the paper is scanned, shred and recycle.  Make sure your hard drive is backed up to the cloud or something, but really, scanning, like all decluttering, is a real motivator and is very liberating. 

 

Sept. 17, 2017

Real Estate Sales for Clinton, MA - Home Sales and Real Estate Market Report (2017)

September

The Clinton Homes For Sale Market Report

Somehow, I missed Clinton in my last go around, so it's been 10 months since we checked in.  Not too much as changed, at least in terms of the HSI (see below), which is the key metric.  On the plus side though, the weirdness that was going on with asking prices has been resolved. 

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

This is a chart that reminds me of Westborough or Shrewsbury from 2 years ago.  Shrinking home inventories lead to higher and higher demand, as more buyers run out of patience - and get tired from losing competitive bids.  With an HSI in the 260's, Clinton is moving, and until the home inventories increase, we're not going to see things cool off .

Clinotn MA home price data and statistics

What should potential home buyers do in Clinton ?

The deals are good in Clinton, with asking prices under $170 a square foot.  What looks expensive today, may look cheap tomorrow, so find something you like and chase it. 

Find Your Next Home or Check out the Competition!

What should future home sellers do in Clinton ?

Well, if you plan to sell, now's the time.  Let's reflect a bit.  Looking at the price chart, When things were bad, you were getting $120/sq foot.  This isn't ancient history, this is 2012.  Now, you can get almost 33% more at $160.  Prices have gone up at a 6% clip over 4 years straight.  That's remarkable - but it's also not likely to just keep going.  Get sold while the selling's good.

Clinton Homes For Sale and Sold Market Statistics - MLS Data

  • The Clinton “Home Seller Index” (HSI): 264 Last Report:243
  • There are 15 homes actively listed as For Sale for Home Buyers.
  • In Clinton there have been 84 houses sold in the last 6 months, and 49 homes sold in the last 3 months.
  • The Average number of Days on Market was 34 days for recently SOLD homes In Clinton.
  • Homes for sale have been sitting for an average of 82 days homes For Sale (currently for sale).
  • The amount that was paid by Home buyers in Dollars per Sq. Ft. averaged $165 (vs.$156 in the last report)
  • Current home sellers are looking for $ 167 /sq foot
  • There was an Average Sold Price of $272,452.
  • Clinton , MA, has 3 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!.

Other Posts You May Enjoy by Matt the Realtor

Posted in Clinton, MA
Sept. 10, 2017

Real Estate Sales for Boylston, MA - Home Sales and Real Estate Market Report (2017)

September

The Boylston Homes For Sale Market Report

The home prices chart isn't hard to read:  Prices are moving up.  Sellers who have over reached are moving prices back down, and getting closer to where buyers want to be.  That, in turn, has kept sales moving briskly. 

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

With an HSI in the 120, it's not the hottest town in Central mass.  But it's held steady, putting pressure on buyers, and netting higher prices for sellers.  Boylston is a little less inventory strapped - on a relative basis - than other towns.  

Boylston Home Data Statistics and reports

What should potential home buyers do in Boylston?

Boylston is a small town, and shouldn't be the only one on your search if you can help it.  With less than 90 sales a year, there could be very little inventory in your target price range.  Try to be flexible, and recognize neighborhood properties in good condition will move quick when priced right. 

Find Your Next Home or Check out the Competition!

What should future home sellers do in Boylston?

Home sellers still need to make sure their home is ready to go. That means doing the little things to get it sold.   Remember: You'll get most of your traffic early in the process, so don't let them walk away because you aren't ready to sell.

Boylston Homes For Sale and Sold Market Statistics - MLS Data

  • The Boylston “Home Seller Index” (HSI): 121 Last Report: 122
  • There are 25 homes actively listed as For Sale for Home Buyers.
  • In Boylston there have been 45 houses sold in the last 6 months, and 19 homes sold in the last 3 months.
  • The Average number of Days on Market was 56 days for recently SOLD homes In Boylston.
  • Homes for sale have been sitting for an average of 105 days homes For Sale (currently for sale).
  • The amount that was paid by Home buyers in Dollars per Sq. Ft. averaged $198 (vs. $192 in the last report)
  • Current home sellers are looking for $ 214 /sq foot
  • There was an Average Sold Price of $450,210 .
  • Boylston, 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!.

Other Posts You May Enjoy by Matt the Realtor

Posted in Boylston, MA