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

July

The Upton Homes For Sale Market Report

Upton, like Southborough, has seen a steady rise in prices, but never really got crazy.  It's up 25% from the lows, which is great.  Sellers though, have lost their optimism.  Basically, since we've been tracking, the sellers have listed far in advance of prices that buyers will willing to pay.  No longer.  Seller motivation wins out - they are coming down to meet the market. 

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

Just a little increase in homes for sale has whacked down the HSI.  This is July, also, when really the inventory should be a bit thinner.  September is going to be interesting!  Want to know if a recession is coming?  We will probably see it here in these charts.  

What should potential home buyers do in Upton?

Home buyers shouldn't chase properties, and should be aggressive in home inspection negotiations.  Sellers are willing to work with home buyers in Upton.

Find Your Next Home or Check out the Competition!

What should future home sellers do in Upton?

Home sellers should recognize that with average market time at 52 days and climbing, this market is cooling off.  Finding buyers isn't easy, and you need to have your home priced right and ready to go if the plan is a quick sale.

Upton Homes For Sale and Sold Market Statistics - MLS Data

  • The Upton “Home Seller Index” (HSI): 121 Last Report: 196
  • There are 28 homes currently listed as For Sale by Home Sellers.
  • In Upton there have been 57 houses sold in the last 6 months, and 39 homes sold in the last 3 months.
  • The Average number of Days on Market (DOM) was 52 days for the last 6 months of SOLD homes In Upton.
  • Homes for sale have been looking for buyers for an average of 77 days (the homes currently for sale).
  • The amount that was paid by Home buyers in Dollars per Sq. Ft. averaged $199 (vs. $199 also in the last report)
  • Current home sellers are looking for $204/sq foot
  • There was an Average Sold Price of $463,031.
  • Upton, MA, has 0 properties advertised as lender owned or foreclosure (typically foreclosure) .
  • There is 1 property 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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