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

The Holliston Homes For Sale Market Report

The Holliston market couldn't be looking any better for sellers. But if that's the case, what's up with the sharp drop in the HSI? Let's look:
Can’t see the chart? You can find it Here .
Yikes. That looks ugly. But it was at fairly silly high (249) and has just sort come back to a "pretty good" market at 123. But things are still tight, and buyers like what they see. How do I know? Well prices are up 5% over the last report, so that's how I know. And sellers are still feeling pretty optimisic, as they are asking for another 7% on top of that currently.

What does that mean? Well, it looks to me like the pace of prices is going to moderate. We're starting to see an inventory build (the main reason the numbers are coming down on the HSI), and that will start to take the pressure off. Perhaps some level-pricing over the next 6 months or so.

What should active home buyers do in Holliston?

Be cautious! Prices are moving very aggressively, and it may be wise to widen your search area to make sure the trade off is still rational. Things are probably going to get easier than they have been, although prices are higher now.

What should potential home sellers do in Holliston?

Might be a good time to sell if you're thinking that way. I'm not sure that prices are going to be up 5% next year. Odds are, probably not.


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


  • Holliston‘s “Home Seller Index” (HSI): 123 Last Report: 181
  • There are 57 homes listed as For Sale.
  • There have been 114 houses sold in the last 6 months, and 77 homes sold in the last 3 months in Holliston.
  • The Average number of Days on Market was 86 days for just SOLD homes.
  • There is an Average Market Time of 88 days of theHolliston homes For Sale (currently for sale).
  • The amount that was paid in Dollars per Square Foot averaged $210 (vs. $200 )
  • Current sellers are looking for $225/sq foot
  • There was an Average Sold Price of $511,259 for sold homes.
  • Holliston,MA, has 0 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!).




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

The Grafton Homes For Sale Market Report

Grafton continues it's bounce off the bottom. With prices in Shrewsbury and Westborough staying strong, Grafton has continued to strengthen, as buyers willing to look one town further have seen deep value.
Grafton gets better for Home Sellers, and Prices continue to trend upward as buyers
see value in Grafton.
Can’t see the chart? You can find it Here .

With sales at over 2x the amount of active property - and much of that new construction - the buyers are under pressure, and sellers have been the beneficiaries. The numbers would be even better, but the new construction marketing is bogging down the stats a bit.

What should active home buyers do in Grafton?

Home buyers should be aware the good stuff is going very quickly; The early bird gets the worm! You'll have to hustle to get the most desireable housing. And bid wars are cropping up, so be prepared for those. There's still good value in Grafton, but it'll start to fade if prices keep moving.
Find Your Next Home or Check out the Competition!

What should potential home sellers do in Grafton?

Sellers have options. If today's prices work, the fall market could be a good time to sell. But more gains are probably in store, so it's safe to stay put as well. As we've seen in other towns, once the run starts, it stays for 12-18 months, and prices move about 12-15%. They've moved about 10, so there should be another 5% or so in there.


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

Grafton‘s “Home Seller Index” (HSI):118 Last Report: 109
There are 76 homes listed as For Sale.
There have been 160 houses sold in the last 6 months, and 102 homes sold in the last 3 months in Grafton.
The Average number of Days on Market was 88 days for just SOLD homes.
There is an Average Market Time of 234 days of theGrafton homes For Sale (currently for sale).
The amount that was paid in Dollars per Square Foot averaged $182 (vs. $177)
Current sellers are looking for 185 $/sq foot
There was an Average Sold Price of $398,404 for sold homes.
Grafton,MA, has properties advertised as lender owned or foreclosure (typically foreclosure) .
There are x 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


Sox Lineup Projections - 2015


Red Sox create Options and Flexibility - Trading probably not done


Thanks to my cousin Brad for sparking an overdue conversation about what the lineup might look like. He had his reasons, and suggested this:

CF - Castillo (R)
2B - Pedroia (R)
DH - Ortiz (L)
Change is in the air at the Fens.
LF - Cespedes (R)
1B - Napoli (R)
RF - Craig (R)
SS - Boegarts (R)
3B - leaning Brock Holt (L)
C - Vazquez (R)

I noted some issues here. I think it's unlikely that Castillo will play CF and/or bat leadoff. He's never seen a major league pitch, and typically the Sox don't throw people to the wolves like that. There's too many right-handers, forcing you to go four deep at one point - that won't fly. Cespedes has a cannon that is unused in LF. You went from not having enough outfielders to having too many. That tells me that a trade is on the way. One problem in figuring out who can get traded is almost everyone has value,  but this is a guess:

Best Trade Candidates:

  1. Pitchers: They are showcasing guys right now.
  2. Napoli - totally tradeable.
  3. Nava - strong second half, totally tradeable. Lefty (not really switch anymore).
  4. Craig. Solid player, still worth something to someone.
  5. Victorino - 1 year deal).
  6. Middlebrooks


Most Unlikely Trade Candidates:

  1. Cespedes (why trade for him if not to keep him)
  2. Castillo (ditto)
  3. Pedroia (contract is untradeable)
  4. Boegarts (too much upside, too cheap)
  5. Ortiz (contract)
  6. JBJ (lefty, stellar defense, near worthless on the market right now)


It looks to me like Cherrington wants to make sure he's got a surplus of power, and he thinks he get "Enough" pitching either by developing assets or trading for it.

Anyway, I tried to take my concerns with the his lineup and the current roster and proposed this:

3B - Holt (L)
SS - Boagerts (R) This is preparation for him batting leadoff.
DH - Ortiz (L)
RF - Cespedes (R) (his arm is wasted in LF. Clearly he's headed for RF)
1B - Napoli (R)/Craig - one gets traded
CF - Victorino (l)
2B - Pedroia (R) (yes, down here, if Boegarts progresses).
LF - Castillo (R)
C - Vazquez (r)


This line up has an OK leadoff hitter, and too many righties down the bottom, and Victorino in CF is a concern, but it gives time to groom Castillo for CF (if that's the goal), and you should keep JBJ in case of injury anyway.

So here's what I think:

Trades are in store. They need lefties. Don't have enough. The lefties that they do have aren't perfect: Holt has zip for power, and Ortiz keeps getting older, so you can't be this unbalanced. And it's not out of the realm of possibilities that they go looking for a SS (Mookie?), and move Boegarts back to 3B.

Too hard to project because there's clearly a trade coming, but we both had fun taking a shot.

Medway's Thirsty: Town has water loss issue.

100,000 gallons of water per day Missing in Medway MA


The town of Medway has a problem: 100,000 gallons of water per day are going missing.
Caught this article on Boston.com.

With water rates rising across the country, towns are going to have to be a lot more proactive about tracking their water. Otherwise, they'll be flushing resident's tax money down the drain. Pun intended! Medway's problem is extreme - but every town has water loss. And the water loss isn't just an expense, it's also a hazard with expensive fix it costs. A leak in a water line can cause settlement around it, that builds up, and up, until a sinkhole forms. Fun stuff!

We're lucky here in New England - we have a lot more water than most of the country. But our relatively high density means we have to process a lot of water (sewerage) and that's a problem and an expense. I've been thinking about posting water and sewer rates on the blog. Any interest?

Matt