Real Estate Sales for Grafton, MA - Home Sales and Real Estate Market Report (April, 2016)


The Grafton Homes For Sale Market Report

Grafton looks pretty good.  Sellers are growing in optimism, reaching for higher prices.  As we've seen recently, buyers remain dug in at previous price levels.  This should mean that inventor levels should grow, unless the buyers cave in a start buying current prices.
Home sellers are a bit ahead of the home buyers -
who are trying to put the breaks on home prices
Can’t see the chart? You can find it Here .

What should active home buyers do in Grafton ?

Home buyers have some decent choices in Grafton in several price ranges.  More than most towns, anyhow.  Things aren't moving quite as quick either, with market time about 60% more for recent sales than the more competitive towns.  Still, the good ones move fast, and the great ones go faster.
Find Your Next Home or Check out the Competition!

What should potential home sellers do in Grafton ?

Home sellers are seeing some good activity, and some good demand.  This market isn't tight enough to be asking for big bumps in prices though, that hasn't happened yet.  Inventory remains near the lows, and will keep pressure on prices, and some prices ranges are very thin  - and will be great for sellers.
Things have cooled off a little, but inventories remain tight, a week before May

Grafton Houses For Sale and Sold Market Statistics - MLS Data

The Grafton “Home Seller Index” (HSI): 124 Last Report:147
There are 74 homes actively listed as For Sale for Home Buyers.
In the last 6 months, there have been 125 houses sold, and 83 homes sold in the last 3 months in Grafton.
The Average number of Days on Market was 55 days for recently SOLD homes.
There is an Average Market Time of 363 days of the Grafton homes For Sale (currently for sale).
The amount that was paid by Home buyers in Dollars per Square Foot averaged 180 (vs. 185 in the last report)
Current home sellers are looking for $ 198 /sq foot
There was an Average Sold Price of $384,553 .
Grafton , 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

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.

Realtor Matt's Top Read Real Estate Posts



Read my Explanation for Massachusetts Home Data Reports.

Real Estate Sales for Framingham, MA - Home Sales and Real Estate Market Report (April, 2016)




The Framingham Homes For Sale Market Report

Framingham checks in with a market under pressure - but buyers have resisted taking prices higher. Inventory has been just enough to let them do so. Not sure what happens in May, although there's a little more inventory coming on.

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

What should active home buyers do in Framingham?


Active home buyers should be aware it's a tough market; with average offer times under 40 days, that's about as tight as it gets.  Very little is fairly price, most is reaching a bit, but the homes that are close to market value are moving quickly.  Home Buyers may find more value in surrounding towns, and less competition.

Find Your Next Home or Check out the Competition!

What should potential home sellers do in Framingham?

Home sellers should be aware that the buyers  - so far - have been stingy.  Home sellers who have reached to far ahead of the price curve this spring have, for the most part, not been successful.  Getting your home to look it's brightest and biggest still matters, but there's certainly plenty of buyers.

Framingham Houses For Sale and Sold Market Statistics - MLS Data


  • The Framingham“Home Seller Index” (HSI): 237 Last Report: 262
  • There are 75 homes actively listed as For Sale for Home Buyers.
  • In the last 6 months, there have been 374 houses sold, and 214 homes sold in the last 3 months in Framingham.
  • The Average number of Days on Market was 39 days for recently SOLD homes.
  • There is an Average Market Time of 90 days of the Framingham homes For Sale (currently for sale).
  • The amount that was paid by Home buyers in Dollars per Square Foot averaged $210 (vs. $216 in the last report)
  • Current home sellers are looking for $227 /sq foot
  • There was an Average Sold Price of $399,318 .
  • Framingham, MA, has 1 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

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.

Realtor Matt's Top Read Real Estate Posts



Read my Explanation for Massachusetts Home Data Reports.

What is a pre-forclosure home and How do I buy it?

What is a pre-foreclosure home?

A pre-foreclosure is a home where the home owners are late paying their mortgage. They are late enough where the bank has decided to protect it's right to foreclosure by filing a notice of intent to
Pre-foreclosures are rarely home owners
who want to sell.
foreclose, or "pre-foreclosure" notice. The banks must do this if they intend to foreclose, so they often do this as early as possible. It is important to understand that pre-foreclosures are NOT foreclosed homes. They are still owned by the home owner, and being late on your mortgage doesn't give the bank the right to sell the property.

Where can I find pre-foreclosures homes?

There is a company called Realty-Trac which manages a database of these pre-foreclosure notices, and offers them to websites, like Trulia, Depending on the website, various information is available for free, and more specific information behind paywalls.


How can I buy pre-foreclosures homes?

This is where many novice home buyers get confused. Very few home owners in pre-foreclosure want to sell. Many of them fully intend to catch up on their mortgage payments and stay put. Even those that are in serious financial trouble aren't interested in selling, because they don't have anywhere to go! They can't just rent somewhere, they are in financial trouble. Although many resolve their deficiencies with the bank, some may chose to stay put until foreclosed on. However that process takes months, and sometimes years, to play out, and even AFTER the property is foreclosed, it is not unusual for the bank to take even more time to get the property ready for sale.

A small percentage of pre-foreclosure folks are interested in selling, and you can write an offer to purchase their home. If the home is on the market, this is easy, but if it isn't on the market, you must connect with the homeowner directly and ask if you can see their home because you'd like to buy it. Because so few pre-foreclosure home owners are interested in selling, be prepared to use a lot of stamps!


Will buying a pre-foreclosure home save me money?

If you can find an owner willing to sell, and if you can offer them less than market, and if they take it, then yes. But that is a lot of ifs. The bigger problem is that this is a low percentage game, and the
Manage your time as well
as your money and you
may not feel pre-foreclosures
are a worthwhile pursuit.
odds go even lower if your goal is to find a house you actually like. For most people, chasing pre-foreclosures is interesting, but not a productive use of time.  If you aren't picky, and your goal is to get a worthwhile home with more risk for more upside, there are plenty of marketed homes in most markets that allow you to do just that, and they are much easier to find.

Real Estate Sales for Clinton, MA - Home Sales and Real Estate Market Report (April, 2016)

The Clinton Homes For Sale Market Report

A quick look at the pricing map in Clinton gives a "what the heck is happening here". This chart doesn't look like any other chart. Prices paid are down, and asking prices are way down. I'll admit - I'm not 100% sure, but I have some theories.
On the surface, the pricing activity in Clinton makes no sense
compared to the overall market in Massachusetts.
Can’t see the chart? You can find it Here .
Clinton is a smaller town, and doesn't have a lot of inventory, even when things are bad (it peaked out at 67). This makes its secondary numbers, like prices, more volatile. But what's causing the volatility? I'm pretty sure it's the bank impacted inventory. Out of 20 homes for sale, 8 are either bank owned or short-sales, and those are the highest raw numbers we've seen since 2014, and the highest percentage since we've been tracking. Those prices are often "distressed" prices, pulling things down. Paradoxically though, it means things in Clinton are doing better - banks think the market is good enough to unload distressed inventory for fair prices. Eventually, they will run out, and when they do, prices should reflect more normal patterns (which should be markedly higher). At any rate, that's the theory.


What should active home buyers do in Clinton?

Break out your hammer! With a lot of distressed inventory, there are deals in this part of the market, and with things getting tight, profits are there for those willing to roll up their sleeves. Otherwise, be patient, prices are good in Clinton, and eventually headed higher, so it's a great time to be aggressive.

Find Your Next Home or Check out the Competition!

What should potential home sellers do in Clinton?

Pricing is very difficult in this market; it's thin, and there are not many good comparables. But if you have a home ready to go, you'll find lots of buyers. Unlike the pricing graph, the HSI graph is quite clear, the market has never been this good for sellers, and buyers are very, very aggressive right now. Make sure your home looks it's best, and you can sell fast!
Falling inventory and climbing transactions show the true market in Clinton,
with demand heating up, and prices on their way as well.

Clinton Houses For Sale and Sold Market Statistics - MLS Data


  • The Clinton“Home Seller Index” (HSI): 158 Last Report: 150
  • There are 20 homes actively listed as For Sale for Home Buyers.
  • In the last 6 months, there have been 63 houses sold, and 41 homes sold in the last 3 months in Clinton.
  • The Average number of Days on Market was 73 days for recently SOLD homes.
  • There is an Average Market Time of 98 days of the Clinton homes For Sale (currently for sale).
  • The amount that was paid by Home buyers in Dollars per Square Foot averaged $129 (vs. $138 in the last report)
  • Current home sellers are looking for $128 /sq foot
  • There was an Average Sold Price of $207,975 .
  • Clinton, MA, has 4 properties advertised as lender owned or foreclosure (typically foreclosure) .
  • There are 4properties 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

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.

Realtor Matt's Top Read Real Estate Posts



Read my Explanation for Massachusetts Home Data Reports.