The Northbridge Homes For Sale Market Report

Northbridge is seeing some real price appreciation, as the market tightens.  Although as always, there's a lot of new construction mixed in the data, we're seeing prices start to move upward, and sellers are holding steady right above the market.

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

What should active home buyers do in Northbridge ?

Home buyers will find a market that has some choices - but not many.  Inventory has been cut in half since we started tracking, and the builders no longer have huge surpluses  - and little standing inventory.  All in all, it's certainly not the toughest town to find a home, but it has gotten tougher.

Find Your Next Home or Check out the Competition!

What should potential home sellers do in Northbridge ?

Home sellers should make sure their property is looking it's best.  There's still enough competition that not everything is selling.  Houses in tougher locations or poor floor plans will need to really go the extra mile to make sure they can move quickly in this market.  Homes that are outside the new construction price ranges will see a little more urgency - as there are fewer choices for home buyers.

Northbridge Houses For Sale and Sold Market Statistics - MLS Data

  • The Northbridge “Home Seller Index” (HSI): 152 Last Report:114
  • There are 49 homes actively listed as For Sale for Home Buyers.
  • In the last 6 months, there have been 140 houses sold, and 105 homes sold in the last 3 months in Northbridge.
  • The Average number of Days on Market was 70 days for recently SOLD homes.
  • There is an Average Market Time of 143 days of the Northbridge homes For Sale (currently for sale).
  • The amount that was paid by Home buyers in Dollars per Square Foot averaged  165 (vs.162 in the last report)
  • Current home sellers are looking for $ 170 /sq foot
  • There was an Average Sold Price of $ $321,681 .
  • Northbridge , 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!.

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Read my Explanation for Massachusetts Home Data Reports.