Real Estate Sales for Natick, MA - Home Sales and Real Estate Market Report (Jun, 2015)

The Natick Homes For Sale Market Report

Is it too early to call a top in Natick? Yes - but things are changing. When demand outstrips supply, our wonderful economic system starts to take over, and things change. But first, why do I say things are changing? Well let's look at the chart.


Can’t see the chart? You can find it Here .
Natick has existed in a stratosphere of outstripped demand, but if we look, the things have been headed downward for over a year now. Here's the kicker though - in raw numbers, Natick hasn't had 84 or more homes listed for sale since I did my very first report in Sept of 2011. So what happened? Why is there so much inventory?  Are sellers asking too much? No, not really. Prices are up 17% off their lows, which is great, but they haven't moved dramatically higher this year (although I expect a bump in the next report, as bidding wars have been fierce in Natick). So what is changing? Easy, the number of people who want serious money for homes. The average for sale price of those 84 homes is $833,519, more than 300K higher than the average sale price. This is similar to what we see often in Sudbury and Medfield, for comparison, and with not enough Million dollar buyers for homes in Natick, builders doing tear downs will need to be more cautious, and sellers in those ranges may stop getting what they want.

What should active home buyers do in Natick?

Most buyers - the under 1M kind - should steer clear. Valuations are very high, and bidding wars are fierce. I'd look elsewhere, as there are some great communities that are still very affordable, and have a lower risk profile.  If you are committed to Natick, be cautious.  Remember Warren Buffet: "Be fearful when others are greedy, and greedy when others are fearful."  People are throwing caution to the wind in Natick (and Framingham), and that's not a good strategy.

What should potential home sellers do in Natick?

Things are crazy, if you want to move out of Natick, this could be the best time in this cycle. Especially if you have a home under 800K - it'll sell in days - and condition isn't that important. Lots of buyers are taking on projects, this might be your time to get rid of your project at a premium price. Get out while the gettin's good - I say.




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


  • Natick‘s “Home Seller Index” (HSI): 186 Last Report: 284
  • There are 84 homes listed as For Sale.
  • There have been 215 houses sold in the last 6 months, and 160 homes sold in the last 3 months in Natick.
  • The Average number of Days on Market was 36 days for just SOLD homes.
  • There is an Average Market Time of 39 days of the Natick homes For Sale (currently for sale).
  • The amount that was paid in Dollars per Square Foot averaged $272 (vs. $272 in the last report)
  • Current sellers are looking for $ 283 /sq foot
  • There was an Average Sold Price of $576,100 for sold homes.
  • Natick,MA, has 1 properties advertised as lender owned or foreclosure (typically foreclosure) .
  • There are 0 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.

Other Posts You May Enjoy by Matt the Realtor

Real Estate Sales for Millis, MA - Home Sales and Real Estate Market Report (Jun, 2015)

The Millis Homes For Sale Market Report

Millis is a small town - so the data set can jump a lot - but things have been pretty consistent in Millis. Strong for sellers. Not crazy, but steady. However, sellers are motivated in Millis than elsewhere - they've been cutting prices to keep the market moving.
Can’t see the chart? You can find it Here .
Does the falling prices mean that something is amiss in Millis? The canary in a coal mine? If so, the seller don't think so - most of them are asking a healthy premium over the more recent sales to move. Of course, it's possible that the price data is WAY Off in this report- 53 of the last 60 sales in Millis happened in the last 12 weeks, so we won't have price data for very many of them.

What should active home buyers do in Millis?

Active home buyers in Millis probably already have figured out things are going fast - but not as fast in some other areas.  The really good deals are likely gone though, so you'll have to get the best of the rest.  If only you'd been here sooner!!

Find Your Next Home or Check out the Competition!

What should potential home sellers do in Millis?

Things are moving and it's not too late to list.  Even though prices look to be down a bit, you can still market under the existing inventory - to look like a deal - and come out way ahead over the recent sales data.  Home buyers are buying, and there will be a few who want a quality house and don't have one yet.


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


  • Millis‘s “Home Seller Index” (HSI): 151 Last Report: 117
  • There are 26 homes listed as For Sale.
  • There have been 60 houses sold in the last 6 months, and 53 homes sold in the last 3 months in Millis.
  • The Average number of Days on Market was 62 days for just SOLD homes.
  • There is an Average Market Time of 71 days of the Millis homes For Sale (currently for sale).
  • The amount that was paid in Dollars per Square Foot averaged $193 (vs. $200 in the last report)
  • Current sellers are looking for $ 206 /sq foot
  • There was an Average Sold Price of $372,508 for sold homes.
  • Millis,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

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.

Other Posts You May Enjoy by Matt the Realtor

Real Estate Sales for Milford, MA - Home Sales and Real Estate Market Report (Jun, 2015)

The Milford Homes For Sale Market Report

The Milford Report is in. After a super hot report last time in Feb - when inventories were at their lows - Milford has come back to Earth. But things are still very good for sellers.
Can’t see the chart? You can find it Here .
Most sellers have been on the market less than 50 days, which shows things are really moving, and most sellers are happy. Prices are still moving up - slowly - and that makes the sellers even happier. Interestingly, current active properties are asking LESS than what was recently sold - showing the sellers remain reasonable, and prices are fair.

What should active home buyers do in Milford?

Things are competitive in Milford, but there are still good values here. One of the more affordable communities in Metrowest, you shouldn't be afraid to pull the trigger in Milford. Yes, you'll have to work a bit - and be fast - to find properties in good condition. But they are out there.


What should potential home sellers do in Milford?

Home sellers should know that you can get a fair price - but there's no hysteria out there by the buyers. Things remain tight, and this is the best time in years to sell - if you want.




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


  • Milford‘s “Home Seller Index” (HSI):190 Last Report: 277
  • There are 40 homes listed as For Sale.
  • There have been 140 houses sold in the last 6 months, and 102 homes sold in the last 3 months in Milford.
  • The Average number of Days on Market was 50 days for just SOLD homes.
  • There is an Average Market Time of 53 days of the Milford homes For Sale (currently for sale).
  • The amount that was paid in Dollars per Square Foot averaged $166 (vs. $164 in the last report)
  • Current sellers are looking for $ 165 /sq foot
  • There was an Average Sold Price of $298,055 for sold homes.
  • Milford,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 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.

Other Posts You May Enjoy by Matt the Realtor

Real Estate Sales for Marlborough, MA - Home Sales and Real Estate Market Report (May, 2015)


The Marlborough Homes For Sale Market Report

Marlborough is always a good reference point for Hudson, which we just did. Hudson looked great for sellers. How's Marlborough? Any records?
Can’t see the chart? You can find it Here .
No, no records here. The sold prices eeeked out a new record, but we'll have to see if the spring keeps pushing prices. Hey, Marlborough has had a good run in the last year or two, and inventories remain tight. If buyers keep pushing, prices will follow.

What should active home buyers do in Marlborough?

Prices aren't as crazy in Marlborough, so this is a great town for buyers right now.  There's OK selection (not great, but better than most), and people are behaving rationally.  No crazy bid activity.  Could that change?  Maybe - but it looks like inventory is coming up to where it should be, and that is more likely to keep things from going haywire.


What should potential home sellers do in Marlborough?

Home sellers see good prices, and they've been steady and predictible.  If your home is ready to sell, and your ready to move, take advantage of this year's market, it's a good one.  April would have been better, but hey, you can't call 'em all.  In Marlborough, sellers aren't quite as aggressive in moving up asking prices, showing a little more restraint, since there's been less buying pressure.




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


  • Marlborough‘s “Home Seller Index” (HSI):147 Last Report: 169
  • There are 60 homes listed as For Sale.
  • There have been 152 houses sold in the last 6 months, and 105 homes sold in the last 3 months in Marlborough.
  • The Average number of Days on Market was 60 days for just SOLD homes.
  • There is an Average Market Time of 134 days of the Marlborough homes For Sale (currently for sale).
  • The amount that was paid in Dollars per Square Foot averaged 173 (vs. 172 in the last report)
  • Current sellers are looking for 186 /sq foot
  • There was an Average Sold Price of $342,789 for sold homes.
  • Marlborough,MA, has 0 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 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.

Other Posts You May Enjoy by Matt the Realtor