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Real Estate Nuggets

Professional Pointers on the Buying or Selling Real Estate

By Matt Heisler | Agent in 01532
  • Millis, MA : Condo Sales Statistics, Trends and Analysis (Feb)

    Posted Under: Market Conditions in Millis, Home Buying in Millis, Home Selling in Millis  |  February 10, 2011 12:31 PM  |  728 views  |  No comments


    • Millis has 20 condos (vs. 25 in last report) listed as Active
    • Millis had 11 (vs. 10) condominium sales  in the last 6 months, and 7 condominium sales last 3 months
    • Millis has an Average Market Time of 118 days (vs. 142)  for SOLD condominiums properties
    • Millis has an Average Market Time of 357 days (vs. 291) for ACTIVE condominiums properties
    • Millis has an Average Sold Price of $ 305,711
    •  for sold condos properties
    • Average List Price per Square Foot: $171


    Analysis
    Millis, like other towns, is a little swamped with some new developments and conversions taking place.  They have in particular, inflated the Average Market Time, which has a number of units above 500 days on market.  It has limited inventory, and in certain price ranges and properties types, are still in demand.  The actives have continued to decline, and the change may be more than seasonal at this point.  Well priced homes are moving, but the new construction continues to have absorption issues.


    Featured Complexes

    Featured Mass Condo Complexes In Millis can be found here! Currently there are over 40 complexes profiled in Metrowest, and this number is growing weekly!
    How this report should be Read
    Check Check my Explanation for Mass Home Sale Statistics
    Single Families
    If you'd like to see the statistics for Single Family Homes for this town and much more please seeMetrowest Real Estate Trends and Information: For more detailed reporting, including breakdowns by price range, contact Matt Heisler of Heisler & Mattson directly!
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    About Matt
    Matt Heisler is a real-estate professional and owner of Heisler & Mattson Properties.  He has been selling residential real-estate for over 10 years.  He has given several talks on real estate, including presentations on first-time buyer tips & tricks, and profiting in real estate investing in Massachusetts. As a Vanderbilt University alumnus, he is proud to serve the communities of Ashland, Boylston, Charlton, Clinton, Framingham, Grafton, Holliston, Hopkinton, Hudson, Marlborough, Medfield, Milford, Millis, Natick, Northborough,  Northbridge, Shrewsbury, Southborough, Sudbury, Sutton, Upton, Westborough, West Boylston, and Worcester.  His agent website is at http://www.massrealestateexpert.net


    *All information is posted in good faith and is assumed to be reliable, but may rely on third party information sources.
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