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    Mathieu Newton Sotheby's International Realty

    10 West Main Street, Westborough, MA 01581

    • 508.366.9608
    • [email protected]

    Framingham Real Estate Market Update - May 2022

    Between August 2020 and August 2021, home prices across the United States and Canada rose to record levels, with the U.S....

    • Justine Mathieu, Realtor®
    • June 8th, 2022
    • 1 min read
    Featured Image

     

     

    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 is proving 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 monthly market update showcases everything you need to know about local real estate trends over the last month.

    *Data is from MLSPIN for single family homes.

    76

    New Listings in May

    32

    Current Active Listings

    110

    Under Contract

    48

    Closed Sales in May

     

    Homes Sold

    112%

    Sale-to-List Price

     

    $689,250

    Average Sales Price

    <1

    Months of Supply

    10

    Average Days on Market

    $368

    Average Price per Square Foot

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    About the author

    Justine Mathieu, Realtor®

    508.466.7186
    Justine Mathieu is the Principal Broker of Mathieu Newton Sotheby’s International Realty, where she focuses on supporting agents and creating an environment where they can do their best work. Growth-minded, detail-driven, and grounded in strong values, she plays a key role in compliance, operational improvement, and long-term strategy for the brokerage. She earned her real estate license while in college, working part-time as an assistant to her father, and graduated Summa Cum Laude from Framingham State University before beginning her career at State Street Corporation. Since returning to the real estate industry in 2007, Justine has strengthened the brokerage through thoughtful leadership, refined systems, and a commitment to continual improvement. She collaborates closely with the leadership team to enhance the company’s culture, elevate agent performance, and ensure the business continues moving forward. A Westborough native who also spent years living in Brookline and Brighton, Justine loves reading, fitness, nature, and spending time with family and friends. She can often be found out on a walk with her Pug, Elly.

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    Mathieu Newton Sotheby's International Realty

    10 West Main Street, Westborough, MA 01581

    Mathieu Newton Sotheby's International Realty

    10 West Main Street, Westborough, MA 01581

    508.366.9608
    [email protected]
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    Sotheby’s International Realty® is and the Sotheby’s International Realty Logo are service marks licensed to Sotheby’s International Realty Affiliates LLC and used with permission. Mathieu/Newton, LLC fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. Each Office is Independently Owned and Operated. Any services or products provided by independently owned and operated franchisees are not provided by, affiliated with or related to Sotheby’s InternationalRealty Affiliates LLC nor any of its affiliated companies.