The Natick Homes For Sale Market Report
As is often the case in Real Estate markets, there are always a few home sellers in every town who want a bit more than the market will bear. They tend to sit around a little bit longer on the market. But let's look at Natick:
Home Sellers are very optimistic about the market. Probably too much.
Can’t see the chart? You can find it Here .
Holy cow. Sellers are a whopping $57 higher a square foot than the sales in the last six months. That's not optimistic - that's flat out crazy talk. As an example, a home that was 2000 sq feet, sold at around $540,000, but current asking prices are $650,000. Natick has been great for Home Sellers, but I think it's unlikely to see that kind of price rise so quickly. Home sellers will need to come down.
What should active home buyers do in Natick ?
Active home buyers will find reasonably prices homes hard - near impossible - to find in this environment. Although the average home seller has been on the market over twice as long as successful sales, they are still asking crazy premiums. Could there be a good value out there? Sure. But don't expect it.
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What should potential home sellers do in Natick ?
Home sellers in Natick, like in Millis, have a great opportunity to appear a value, by pricing expensively, just not exorbitantly. Home Buyers might perceive you as a value, and you can get the best of both worlds.
Natick still has a super high HSI, but with inventories so tight,
transaction volume has moderated - and prices have stalled.
Natick Houses For Sale and Sold Market Statistics - MLS Data
- The Natick “Home Seller Index” (HSI): 260 Last Report:202
- There are 34 homes actively listed as For Sale for Home Buyers.
- In the last 6 months, there have been 211 houses sold, and 108 homes sold in the last 3 months in Natick.
- The Average number of Days on Market was 44 days for recently SOLD homes.
- There is an Average Market Time of 109 days of the Natick homes For Sale (currently for sale).
- The amount that was paid by Home buyers in Dollars per Square Foot averaged $270 (vs. $282 in the last report)
- Current home sellers are looking for $ 327 /sq foot
- There was an Average Sold Price of $610,092.
- Natick , MA, has 0 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!.
Matt’s Got More
Hold on there! Don’t go yet. Realtor Matt’s got lots more you to check out if you are planning to buy or sell a home. Why not look here, and find out a lot more about Radon, New Construction, Title V, House Styles, Town Assessments, MCAS scores, and even some tips to get the best rate possible on your mortgage.
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