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Year In Review Market Update for Southborough - 2021

Mike Mathieu

When his father asked him to help out with the family business, Michael Mathieu thought it temporary, planning to pursue a business degree with the go...

When his father asked him to help out with the family business, Michael Mathieu thought it temporary, planning to pursue a business degree with the go...

Jan 21 1 minutes read

2021 was quite the year! 

Between August 2020 and August 2021, home prices across the United States and Canada rose to record levels, with the U.S. housing market rising to a record of 19.9% and the Canadian housing market rising to a record 21.4%

2022 stands to be another strong year for sellers. If you're thinking about selling your home, being aware of the trends in the market will help you understand the strength of the market. 

Our 2021 Year in Review market update showcases everything you need to know about local real estate trends as we head into the new year. 

Our Team's 2021 In Review

$179,765,923

Total Sales Volume

265

Homes Sold 

(Transaction Sides)

Over 250

Customers Helped

Southborough Market 2021 Year in Review

<1 Months of Supply

This is a Seller's market.

173

New Listings

10

Under Contract

4

Currently Active Listings

161

Closed Sales in 2021


Homes Sold

103.2%

Sale-to-List Price


 

$888,925

Average Sales Price

34

Average Days on Market

$292

Average Price per Square Foot

Curious about how your home's value changed in 2021?

We will gladly prepare a Comparative Market Analysis for you so that you are armed with the most current information heading into 2022.

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