Westborough, MA - Home Sales and Statistics (September)

The Westborough Homes For Sale Market Report

As we head further east for the next report, we see the pattern that has hit much of Metrowest - a big buying binge. The flurry this spring pushed Westborough almost to the HSI of 100 - but it fell just short. Hopefully this means a number of you jumped in to Westborough and took advantage of the temporary price drop. Because it's over. Like a undervalued stock, towns heat up when they get too cheap, and Westborough has just been on a tear.



The Solds have really jumped, as you can see in the graph. This has made the market much tougher for buyers, and I can attest it's pretty well picked over. There's still some good properties, but they aren't cheap! $/sq foot has jumped back up to $185, showing buyers have really stepped on the gas the last few months, and with the active number of homes for sale in the 70's, that's not like to put much pressure on Sellers.

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

• There are 78 homes listed as For Sale.
• There have been 123 houses sold in the last 6 months, and 79 homes sold in the last 3 months.
• The Average number of Days on Market was 119 days for just SOLD homes.
• There is an Average Market Time of 111 days of the homes For Sale.
• The Dollars paid per Square Foot in Westborough is $186 (vs. $171 )
• There was an Average Sold Price of $453,349 for sold homes.
• Westborough has 2 properties (vs. 2) advertised as lender owned/foreclosure (typically foreclosure) .
• Westborough has 4 properties (vs. 9) advertised as a short-sale is going to be needed by lender .
• Westborough “Hot Seller Index” (HSI): 99 Last Report: 94

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*All statistics are for Single Family Houses and based on data in MLS.

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