Real Estate Sales for Clinton, MA - Home Sales and Real Estate Market Report (August, 2014)

The Clinton Homes For Sale Market Report

Just when you think you've got a pretty good read on things, I'll do a report on an outlier. Clinton, it's your time to shine:
Can’t see the chart? You can find it Here .
Clinton has all sorts of good stuff here. First off, there's a big jump in the HSI, to a record, at 125. This happened because of a frenetic late spring of home buyers buying, as we see transactions up, time on market down, and prices make a big jump. Prices jumped so much, that the homes that are still for sale in clinton are actually being marketed UNDER the existing sales number. Haven't seen that before!!

What does it all mean? Well it means that Clinton - long overdue for a run - has finally been discovered by buyers looking for good deals. They are finding them in Clinton, and are purchasing accordingly. When you see a sharp rise in prices, and a big jump in the HSI, it's not a co-incidence. Value is there. Or was! Clinton was off the lows, but really has moved very little since we've been doing these reports, but now the recovery is well on the way.

What should active home buyers do in Clinton?

Well, you need to be more careful now. The fact that prices are moving up so quickly means that some buyers are getting in front of the way and paying a bit too much. There's not much risk in that at this stage of Clinton's recovery - prices are sure to go higher. Maybe not a lot, maybe not fast, but down seems pretty unlikely, since the neighbors certainly aren't getting any cheaper.


What should potential home sellers do in Clinton?

It's not too soon to get a valuation and start thinking about 2015. As we've seen, these property runs can last a year or more, so we'll probably continue to see things move. With prices up - substantially - you might be able to take advantage of some new found equity. Buyer are still going to be condition sensitive, so getting your property just right - to get top dollar - is still important.


Clinton Houses For Sale and Sold Market Statistics - Raw MLS Data


  • Clinton‘s “Home Seller Index” (HSI): 125 Last Report: 96
  • There are 36 homes listed as For Sale.
  • There have been 81 houses sold in the last 6 months, and 58 homes sold in the last 3 months in Clinton.
  • The Average number of Days on Market was 106 days for just SOLD homes.
  • There is an Average Market Time of 112 days of theClinton homes For Sale (currently for sale).
  • The amount that was paid in Dollars per Square Foot averaged $148 (vs. 135)
  • Current sellers are looking for $144/sq foot
  • There was an Average Sold Price of $244,994 for sold homes.
  • Clinton,MA, has 2 properties advertised as lender owned or foreclosure (typically foreclosure) .
  • There are 2 properties advertised as a short-sale is going to be needed by the lender.



*All statistics 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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Real Estate Sales for Charlton, MA - Home Sales and Real Estate Market Report (August, 2014)

The Charlton Homes For Sale Market Report

Charlton also, like Boylston, has an OK report as well. Nothing to write home about if you're a seller though. Let's see
Can’t see the chart? You can find it Here .
Prices are actually down - by $1/ sq foot, but to me that trend is tempered by the optimism displayed by the sellers, who are currently seeking $165 a square foot. That's a big gap, and it tells me that sellers may be getting ahead of themselves here.

What should active home buyers do in Charlton?

Right now, there aren't too many frustrated sellers. But there might be soon. It'll still be hard to find bargains - lots of people will look expensive in this market, and they are. But you might be able to find the right deal if you're looking carefully.


What should potential home sellers do in Charlton?

If I'm a home seller, I'd probably be taking advantage of everyone's optimism by making my house a "relative" bargain. If I was priced just 5% ahead of the recent sales, I'll still look 8% cheaper than the average house - and probably will sell quick. Right now, everyone is high, and you can use that to your advantage to get a premium price.


Charlton Houses For Sale and Sold Market Statistics - Raw MLS Data


  • Charlton‘s “Home Seller Index” (HSI): 83 Last Report: 76
  • There are 81 homes listed as For Sale.
  • There have been 74 houses sold in the last 6 months, and 56 homes sold in the last 3 months in Charlton.
  • The Average number of Days on Market was 135 days for just SOLD homes.
  • There is an Average Market Time of 149 days of theCharlton homes For Sale (currently for sale).
  • The amount that was paid in Dollars per Square Foot averaged 132 (vs. 133 )
  • Current sellers are looking for $165/sq foot
  • There was an Average Sold Price of $$267,912 for sold homes.
  • Charlton,MA, has 3 properties advertised as lender owned or foreclosure (typically foreclosure) .
  • There are 3 properties advertised as a short-sale is going to be needed by the lender.



*All statistics 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!).


Realtor Matt's Top Read Real Estate Posts


Real Estate Sales for Boylston, MA - Home Sales and Real Estate Market Report (August, 2014)

The Boylston Homes For Sale Market Report

Boylston has seen some recent softening. Let's take a look:

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

Note that the HSI has dropped down from its high to 90. That's a neutral market. Prices were up this spring, but only a little bit, and it looks to me like those games may be erased this fall, if the uptick in inventory continues. It was certainly a good spring, but the big push seems to have softened.

What should active home buyers do in Boylston?

For the first time in a while, inventory is up. Seasonally, it's picked up before this time of year - only to fall - but the rise in prices may mean the inventory rise may be more stubborn this time. That means buyers have choices, even if they don't have a ton of leverage at this point. Note that most sellers have been on the market less than 90 days, so you won't find a lot of impatient sellers.
Find Your Next Home or Check out the Competition!

What should potential home sellers do in Boylston?

Prices are good, but check your price range! Your price range could be competitive. Where before, all the ranges were thin, that's not the case now, and you will need to be mindful of others when deciding a price. Prices are still up - so things are good - but you'll need to be positioned right to have a quick sale.


Boylston Houses For Sale and Sold Market Statistics - Raw MLS Data


  • Boylston‘s “Home Seller Index” (HSI): 90 Last Report:120
  • There are 31 homes listed as For Sale.
  • There have been 38 houses sold in the last 6 months, and 22 homes sold in the last 3 months in Boylston.
  • The Average number of Days on Market was 162 days for just SOLD homes.
  • There is an Average Market Time of 91 days of the Boylston homes For Sale (currently for sale).
  • The amount that was paid in Dollars per Square Foot averaged 168 (vs. 165)
  • Current sellers are looking for $177 /sq foot
  • There was an Average Sold Price of $407,723 for sold homes.
  • Boylston,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 statistics 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!).


Realtor Matt's Top Read Real Estate Posts


Red Sox Trade Players Like Baseball Cards; Leaves Local Media and Fans in the Dust

Sox Trade everyone: Fans say, "WTF?"


I think the trade deadline can be best explained by my youngest daughters reaction. Let's check it out.

Good News! The Red Sox traded for Cespedes!


But they had to trade Jon Lester....


Says it all, doesn't it?

You can call Cherrington crazy, you can call him brilliant, you can even call him an idiot, but you can't call him chicken. He already has the biggest trade in history (The Beckett, Crawford, Gonzales trade) and now he has the busiest trade period on record. This wasn't filling in at the fringes, this was a major makeover.  I try to keep my language clean on the blog here, but he's got major cojones.

What the heck is Cherrington doing?


Conceptually, trading players is very simple. You want to trade from an area of strength, and pick up an area of weakness. You want to trade when you aren't desperate. With a last place finish looming, the Sox fell out of the desperate category. There's nothing at stake for them this year. And they didn't have any competition - no one else was willing to trade the types of assets that Boston was. Clearly, the Sox felt they had plenty of pitchers, and were short on bats - specifically power bats.

The Sox aren't alone in this.  If you haven't noticed, ERA's and OPS averages have been steadily falling. Much of this is due to better steroid testing, but I also think the level of the average pitcher in MLB is much better than it used to be. Teams used to be happy if they had one or two solid arms in their bullpens, typically the weakest part of the roster. No more. Now there are many bullpens that are 3, 4, and 5 pitchers deep. Similarly, you used to have an "ACE" and then 3 journeyman starters who you hoped could keep you in games. But now, if you've only got two decent starters, you're not going to be competitive. The A's and Detroit are literally 5 starters deep, and they have to be the heavy favorites in October. But the fact that they are so deep tells you there's more pitchers out there than quality bats.

Cherrington obviously feels this is the case as well. Lacking power, with a line up that was 3 bats too short, he made moves to fix it. If he's evaluated correctly, the Sox could have one of the most dangerous lineups in the league, and what has to be the cheapest Run/Salary ratio in MLB. On the pitching side, he's probably thinking some will succeed, some will not, but he has injury protection, roster flexibility and plenty of salary money to play with. He can probably find a team that needs to dump salary, have that team pick up half the player's contract and pick up a very good starting pitcher for half the going rate, and still have high quality prospects. A trade of some kind should be expected, as he has too many possible starters to keep them all on the 40 man roster I think.

Flurry of moves clouds the future for the Red Sox


On to the big question: Will it work? I think it will. If it doesn't Cherrington can keep tweaking until it does - that's the best part of this plan. The range of things Boston can do is enormous. And as noted in the last post, the difference between the best and the worst is very narrow. It only takes a little luck and key guys having good years and you can be on top.

I do think it's interesting that with so much moving, the writeups on the whether or not the Sox are winners or losers in this trading bonanza has been very limited. Most of the articles have focused on losing Jon Lester and not having a veteran workhorse pitcher at the front of the rotation, but no one is quite sure if we "made out". It's hard to figure - we will score more runs then we will be giving up? Only time will tell, but we will look at this at the end of the year to see what we can see.