Milton Residential Single Family Market Report January 2020, this report comes from statistics gathered from the Multiple Listing Service in the Boston Area, MLSPIN. Of the 69 Active, UAG, Sold, etc homes in the market right now. Single Family Active Listings: 23 Median Liv. Area SqFt: 4,741 Median List $: $1,440,000 Median List $/SqFt: $323 Median DOM: 103 The 103 Days on Market could be a reflection of the holidays, that is a long time for a good market.
Single Family Contingent Listings: 6 Median Liv. Area SqFt: 2,762 Median List $: $949,500 Median List $/SqFt: $317 Median DOM: 66.5 Median DTO: 59.5
Single Family Under Agreement Listings: 7 Median Liv. Area SqFt: 2,628 Median List $: $839,000 Median List $/SqFt: $350 Median DOM: 72 Median DTO: 58
These two statistics show a better Days On Market and probably are better priced by the agent. The consumer has access to pricing information so guessing at the right price, or over valuing your home will keep it on the market.
Single Family Sold Listings: 23 Median Liv. Area SqFt: 2,075 Median List $: $700,000 Median List $/SqFt: $337 Median DOM: 59 Median DTO: 27 Median Sale $: $700,000 Median Sale $/SqFt: $337 Right here is where we see it is still a good Seller’s market with 23 properties sold. That gives us a little over 3 months of inventory which is a Sellers Market.
Single Family Expired Listings: 9 Median Liv. Area SqFt: 4,553 Median List $: $1,295,000 Median List $/SqFt: $311 Median DOM: 118 Well with these days at 118 on market it means more of the inventory will be going expired soon. Interest rates will remain low over the next several months. Of course these things can change if world or local situations change a well. Milton is an active community with several social media sites to keep you informed. Milton Neighbors UNCENSORED, Milton Neighbors, Milton Scene. Any and all of these sites will give you a flavor of what the people who live here are talking about right now. Milton Residential Single Family Market Report January 2020