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March 6, 2019

Holliston, MA Home Sales and Real Estate Market Report (2019)

 

March

The Holliston Homes For Sale Market Report

Quick look at Holliston shows the market is getting better in Holliston for sellers.  This is not because of increased demand, but likely due to rising prices further East.

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

Prices are moving up, but not as quickly as in other places.  Looks like there's some debate about where they can go.

What should potential home buyers do in Holliston?

Home buyers need to be aggressive - the limited inventory, and rising HSI mean there will be bid wars for properly priced property.

Find Your Next Home or Check out the Competition!

What should future home sellers do in Holliston?

Home sellers can take advantage of the tight market to sell quickly!  Spring should be good for sellers in Holliston

Holliston Homes For Sale and Sold Market Statistics - MLS Data

  • The Holliston “Home Seller Index” (HSI):227  Last Report: 209
  • There are 26 homes currently listed as For Sale by Home Sellers.
  • In Holliston there have been 123 houses sold in the last 6 months, and 56 homes sold in the last 3 months.
  • The Average number of Days on Market (DOM) was 37 days for the last 6 months of SOLD homes In Holliston.
  • Homes for sale have been looking for buyers for an average of 203 days (the homes currently for sale).
  • The amount that was paid by Home buyers in Dollars per Sq. Ft. averaged 229 (vs. 233 in the last report)
  • Current home sellers are looking for $ 232 /sq foot
  • There was an Average Sold Price of $553,413 .
  • Holliston, 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!.

Top Reads by Matt the Realtor

Read my Explanation for Massachusetts Home Data Reports.

Posted in Holliston, MA
Feb. 28, 2019

Grafton, MA Home Sales and Real Estate Market Report (2019)

February

The Grafton Homes For Sale Market Report

The green line over the 7 years tells the story for Grafton.  The number of homes for sale is about 60-65% less than that time, and as scarcity has shown up, the market has improved for sellers.  Note that transaction activity is pretty constant - there aren't more sales, just fewer sellers each year. 

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

Prices continue to rise, and buyers continue to demonstrate they will pay more.

What should potential home buyers do in Grafton?

Home buyers will find Grafton isn't the tightest market covered here - and prices remain quite reasonable, relative to many towns just to the East.  Prices just now - 14 years after the last peak - are above where they were, but it has been a long slog.  This market is not overheated - and buyers who do their research are getting good value in Grafton.

Find Your Next Home or Check out the Competition!

What should future home sellers do in Grafton?

Home sellers will find a good - but not a great market.  Well priced homes are moving quickly, especially those that look their best.

Grafton Homes For Sale and Sold Market Statistics - MLS Data

  • The Grafton “Home Seller Index” (HSI): 175 Last Report: 191
  • There are 37 homes currently listed as For Sale by Home Sellers.
  • In Grafton there have been 114 houses sold in the last 6 months, and 58 homes sold in the last 3 months.
  • The Average number of Days on Market (DOM) was 42 days for the last 6 months of SOLD homes In Grafton.
  • Homes for sale have been looking for buyers for an average of 105 days (the homes currently for sale).
  • The amount that was paid by Home buyers in Dollars per Sq. Ft. averaged $204 (198 vs. in the last report)
  • Current home sellers are looking for $ 213 /sq foot
  • There was an Average Sold Price of 437,132 .
  • Grafton, MA, has 2 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!.

Top Reads by Matt the Realtor

Read my Explanation for Massachusetts Home Data Reports.

Posted in Grafton, MA
Feb. 27, 2019

Framingham, MA Home Sales and Real Estate Market Report (2019)

 

February

The Framingham Homes For Sale Market Report

Framingham transactions are trending down - but only slightly.  With no inventory coming on, the HSI for sellers continues to move up, as do prices. 

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

Sellers are being careful not to get too optimistic, but they are asking more.  Buyers are getting pickier, which is why homes that aren't selling, are not selling for longer. 

What should potential home buyers do in Framingham?

With a market this hot, buyers should be very careful, with single family prices, multi-family prices, condo prices, and any other high risk locations.  If inventory starts to increase, this market will stall.

Find Your Next Home or Check out the Competition!

What should future home sellers do in Framingham?

It's still important to price your home right.  The number of sellers who aren't "adjusting" to where the market values their home is rising - but home buyers aren't interested in houses that are clearly out of line with the market. 

Framingham Homes For Sale and Sold Market Statistics - MLS Data

  • The Framingham “Home Seller Index” (HSI): 394 Last Report:369
  • There are 43 homes currently listed as For Sale by Home Sellers.
  • In Framingham there have been 348 houses sold in the last 6 months, and 183 homes sold in the last 3 months.
  • The Average number of Days on Market (DOM) was 19 days for the last 6 months of SOLD homes In Framingham.
  • Homes for sale have been looking for buyers for an average of 124 days (the homes currently for sale).
  • The amount that was paid by Home buyers in Dollars per Sq. Ft. averaged $257 ($247 vs. in the last report)
  • Current home sellers are looking for $ 272 /sq foot
  • There was an Average Sold Price of $480,243 .
  • 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!.

Top Reads by Matt the Realtor

Read my Explanation for Massachusetts Home Data Reports.

Posted in Framingham, MA
Feb. 14, 2019

Clinton, MA Home Sales and Real Estate Market Report (2019)

 

February

The Clinton Homes For Sale Market Report

Although transaction volume has remained pretty steady, Home sellers have been shrinking.  The market remains strong for sellers, and tough on buyers, in Clinton.

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

Amazingly, you could get good deals in Clinton is as late as 2015.  But buyers finally noticed, (they always do) and prices have been up sharply since.  Note that current asking prices are lower than current sale prices.  That is largely because buyers are happy to pay top prices for good condition, but they are not buying homes that need work.  The homes that are not selling mostly or totally need major improvements, and have to sell far below the average sale price in this market. 

What should potential home buyers do in Clinton?

Well, I'd look over some of the properties that need work.  There could be some real bargains out there.  With so few houses on the market, it will be a brisk spring in Clinton.

Find Your Next Home or Check out the Competition!

What should future home sellers do in Clinton?

Home sellers will find a receptive market - if your home is in good shape!  Homes that show poorly will sell much lower. 

Clinton Homes For Sale and Sold Market Statistics - MLS Data

  • The Clinton “Home Seller Index” (HSI): 262 Last Report: 264
  • There are 14 homes currently listed as For Sale by Home Sellers.
  • In Clinton there have been 78 houses sold in the last 6 months, and 42 homes sold in the last 3 months.
  • The Average number of days on Market (DOM) was 34 days for the last 6 months of SOLD homes In Clinton.
  • Homes for sale have been looking for buyers for an average of 82 days (the homes currently for sale).
  • The amount that was paid by Home buyers in Dollars per Sq. Ft. averaged $185  ($165 vs. in the last report)
  • Current home sellers are looking for $ $148 /sq foot
  • There was an Average Sold Price of $327,162 .
  • 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!.

Top Reads by Matt the Realtor

Read my Explanation for Massachusetts Home Data Reports.

Posted in Clinton, MA
Feb. 12, 2019

Charlton, MA Home Sales and Real Estate Market Report (2019)

February

The Charlton Homes For Sale Market Report

Charlton is another town putting pressure on the market.  After years of still having too much inventory, the last 3 years have seen a sharp decline in actives, and an increase in sales.  This is the mix that moves prices.  Let's see.

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

Yes, prices have moved up, especially the prices buyers have paid.  But not as much as in some other towns.  With inventory still low, this could be a good spring for sellers in Charlton.

What should potential home buyers do in Charlton?

Strike quickly if you can.  Prices look poised to move up quickly this spring.  Open houses will be attracting lots of folks, and bid wars will be common on the most attractive properties.

Find Your Next Home or Check out the Competition!

What should future home sellers do in Charlton?

Start getting ready for spring, if you aren't already!  This years light snow cover means March and early April will be good times to list!!

Charlton Homes For Sale and Sold Market Statistics - MLS Data

  • The Charlton “Home Seller Index” (HSI): 184 Last Report: 183
  • There are 31 homes actively listed as For Sale for Home Buyers.
  • In Charlton there have been 98 houses sold in the last 6 months, and 54 homes sold in the last 3 months.
  • The Average number of Days on Market was 39 days for recently SOLD homes In TOWNXXX.
  • Homes for sale have been sitting for an average of 110 days homes For Sale (currently for sale).
  • The amount that was paid by Home buyers in Dollars per Sq. Ft. averaged 163 (vs.  156 in the last report)
  • Current home sellers are looking for $ 165 /sq foot
  • There was an Average Sold Price of $304,694 .
  • Charlton, MA, has X properties advertised as lender owned or foreclosure (typically foreclosure) .
  • There are x 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 Charlton, MA
Feb. 10, 2019

Boylston, MA Home Sales and Real Estate Market Report (2019)

February

The Boylston Homes For Sale Market Report

Hola!  With the seasonal inventory in Boylston at the lowest we've tracked, we have a super high reading for the HSI.  That's inflated a bit, but the market is still good for sellers.

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

Prices are up and seller's are pushing them up further.  Very little indication that we are near a top in Boylston.  No inventory, rising prices and expectations could point to a great spring.  

What should potential home buyers do in Boylston ?

Home buyers should be aggressive in a limited inventory market.  There's no guarantee that there will be an flood of inventory this spring - in fact, it looks like there won't be.  Transaction volume remains near it's recent levels, so there's still plenty of other buyers. 

Find Your Next Home or Check out the Competition!

What should future home sellers do in Boylston ?

If market conditions are favorable, seller can try to either list for a reach price, or go low and bid it up.  The market looks tight enough to do either.  Should be a good market for seller.  

Boylston Homes For Sale and Sold Market Statistics - MLS Data

  • The Boylston “Home Seller Index” (HSI): 206 Last Report: 121
  • There are 13 homes actively listed as For Sale for Home Buyers.
  • In Boylston there have been 47 houses sold in the last 6 months, and 23 homes sold in the last 3 months.
  • The Average number of Days on Market was 33 days for recently SOLD homes In Boylston.
  • Homes for sale have been sitting for an average of 141 days homes For Sale (currently for sale).
  • The amount that was paid by Home buyers in Dollars per Sq. Ft. averaged  210 (vs. 198 in the last report)
  • Current home sellers are looking for $ 232/sq foot
  • There was an Average Sold Price of $448,873.
  • 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
Feb. 8, 2019

Berlin, MA Home Sales and Real Estate Market Report (2019)

January

The Berlin Homes For Sale Market Report

It's hard to tell what the market really looks like in Berlin from the data - it's too small!  With just 5 homes for sale currently, what we know is the market is short on houses.  

There is certainly nothing in this chart that suggests things will be easy on buyers this spring.

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

Prices look steadily up.  Nothing dramatic, but we're up about 35% since 2013, which is a significant move. 

What should potential home buyers do in Berlin ?

Be patient and add other towns to your list if you can - things are thin in Berlin. 

Find Your Next Home or Check out the Competition!

What should future home sellers do in Berlin ?

Home sellers should think about getting listed early- there will be pent up demand ahead of the spring market. 

Berlin Homes For Sale and Sold Market Statistics - MLS Data

    • The Berlin “Home Seller Index” (HSI): 251 Last Report: 194
    • There are 4 homes actively listed as For Sale for Home Buyers.
    • In Berlin there have been 25 houses sold in the last 6 months, and 13 homes sold in the last 3 months.
    • The Average number of Days on Market was 52 days for recently SOLD homes In Berlin.
    • Homes for sale have been sitting for an average of 145 days homes For Sale (currently for sale).
    • The amount that was paid by Home buyers in Dollars per Sq. Ft. averaged $210 (vs.$185 in the last report)
    • Current home sellers are looking for $ 226 /sq foot
    • There was an Average Sold Price of  $547,242.
    • Berlin , 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 Berlin, MA
Feb. 4, 2019

Real Estate Sales for Ashland, MA - Home Sales and Real Estate Market Report (2019)

January

The Ashland Homes For Sale Market Report

Ashland is yet another town where the rumors of the end of the real-estate cycle may be pre-mature.  With just 12 homes on the market, we would need to see a lot of inventory not sell  to start seeing a pull back in prices.  Things may be expensive, but people keep on buying. 

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

A lot of this, of course, is that there is not enough selling!  But there are still some things out there, and buyers have been very wary of homes that need a lot of work.  Part of that is that they don't have enough money - after to purchase - for a major renovation job!  But some of it is just that buyers are picky right now - more than usual!

What should potential home buyers do in Ashland?

You'll have to be patient - or lucky - to wait for more inventory.  I'd expand your search also, to Southborough, or Medway, or Holliston.

Find Your Next Home or Check out the Competition!

What should future home sellers do in Ashland?

Home sellers should breathe easy, that they won't have much competition, and will be able to test the market at high prices.  Don't wait too long-  be early this year!  The buyers are out now.

Ashland Homes For Sale and Sold Market Statistics - MLS Data

  • The Ashland “Home Seller Index” (HSI): 388 Last Report: 418
  • There are 12 homes actively listed as For Sale for Home Buyers.
  • In Ashland there have been 90 houses sold in the last 6 months, and 48 homes sold in the last 3 months.
  • The Average number of Days on Market was 18 days for recently SOLD homes In Ashland.
  • Homes for sale have been sitting for an average of 59 days homes For Sale (currently for sale).
  • The amount that was paid by Home buyers in Dollars per Sq. Ft. averaged 248 (vs. 233 in the last report)
  • Current home sellers are looking for $ 239 /sq foot
  • There was an Average Sold Price of $488,651 .
  • Ashland, MA, has 1 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 Ashland, MA
Feb. 2, 2019

Real Estate Sales for Worcester, MA - Home Sales and Real Estate Market Report (2019)

January

The Worcester Homes For Sale Market Report

Let the good times roll in Worcester!  Lack of inventory is pushing the seller's market up, and prices have been moving up quickly, as buyers charge in to one of the cheaper markets in the area.

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

Home seller expectations haven't risen too quickly either.  They are still within striking distance of where the buyers are at.  

 

What should potential home buyers do in Worcester ?

Worcester isn't showing signs of topping out.  Properties are still moving quickly, and this market has some of the least amount of distressed property that we've seen since we've been tracking.  That means deep deals aren't out there, but you can get competitive properties.  The best will go quickly! So know which neighborhoods you want and focus on them aggressively to learn your price points. 

Find Your Next Home or Check out the Competition!

What should future home sellers do in Worcester ?

It's a great time to sell - if you know where you're going!  Many towns around Worcester have gotten more expensive also, but Worcester is playing catch-up - and closing the gap in many places.

Worcester Homes For Sale and Sold Market Statistics - MLS Data

      • The Worcester “Home Seller Index” (HSI): 199 Last Report: 186
      • There are 164 homes actively listed as For Sale for Home Buyers.
      • In Worcester there have been 860 houses sold in the last 6 months, and 442 homes sold in the last 3 months.
      • The Average number of Days on Market was 37 days for recently SOLD homes In Worcester .
      • Homes for sale have been sitting for an average of 97 days homes For Sale (currently for sale).
      • The amount that was paid by Home buyers in Dollars per Sq. Ft. averaged 164 (vs. 146 in the last report)
      • Current home sellers are looking for $ 166 /sq foot
      • There was an Average Sold Price of $253,610
      • Worcester , MA, has 12 properties advertised as lender owned or foreclosure (typically foreclosure) .
      • There are 4 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 Worcester, MA
Jan. 31, 2019

Real Estate Sales for Westborough, MA - Home Sales and Real Estate Market Report (2019)

January

The Westborough Homes For Sale Market Report

The Westborough market also looks tight, as homes sold all fall, and have left us with little to shop or sell.  That's great for sellers, not so hot for buyers.

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

Prices and price expectations are up in Westborough - so if there is going to be a pull back, no one quite believes it.  Certainly not enough.  Home sellers are expecting another price climb this year.

What should potential home buyers do in Westborough ?

Home buyers should know that with low inventory, and high selling prices, it's not a great time to be aggressive.  They should also realize that perhaps the spring will not result in enough homes to move prices down.

Find Your Next Home or Check out the Competition!

What should future home sellers do in Westborough ?

As noted in Upton - best to get out early this year!  At some point, there will be more sellers than buyers.  We won't know till June if that is the case, but right now, it certainly is not.

Westborough Homes For Sale and Sold Market Statistics - MLS Data

    • The Westborough “Home Seller Index” (HSI): 169 Last Report:130
    • There are 23 homes actively listed as For Sale for Home Buyers.
    • In Westborough there have been 107 houses sold in the last 6 months, and 45 homes sold in the last 3 months.
    • The Average number of Days on Market was 40 days for recently SOLD homes In Westborough.
    • Homes for sale have been sitting for an average of 190 days homes For Sale (currently for sale).
    • The amount that was paid by Home buyers in Dollars per Sq. Ft. averaged $230 (vs.$227 in the last report)
    • Current home sellers are looking for $ 258 /sq foot
    • There was an Average Sold Price of 
  • $585,646 .
  • 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!.

Other Posts You May Enjoy by Matt the Realtor

Posted in Westborough, MA