Southborough Real Estate Market Update - February 2022
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 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.
10
New Listings in February
7
Current Active Listings
19
Under Contract
4
Closed Sales in February
Homes Sold
100.4%
Sale-to-List Price
$982,800
Average Sales Price
<1
Months of Supply
69
Average Days on Market
$318
Average Price per Square Foot