Southborough Real Estate Market Update - May 2022
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...
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.
26
New Listings in May
19
Current Active Listings
36
Under Contract
10
Closed Sales in May
Homes Sold
113%
Sale-to-List Price
$1,066,514
Average Sales Price
1.5
Months of Supply
10
Average Days on Market
$381
Average Price per Square Foot