Milton, MA Residential Market Report Fall 2015 statistics are drawn from the Greater Boston’s MLS called Pinergy. There were a total of 117 properties in Milton MA 02186 that were either Active, Under Agreement, or Sold in the last 30 days.
Single Family Active Listings: 84 Avg. Liv.Area SqFt: 3,376.55 Avg. List$: $1,031,676 Avg. List$/SqFt: $309 Avg. DOM: 104.95
Single Family Under Agreement Listings: 16 Avg. Liv.Area SqFt: 2,453.38 Avg. List$: $675,226 Avg. List$/SqFt: $280 Avg. DOM: 75.88 Avg. DTO: 48.44
These statistics point towards a Seller’s Market with only 5.25 months of inventory. A normal market is 6 months of inventory. It also indicates that people buying in Milton are looking for homes that average under three thousand square feet and below $700,000. The Active Listings show a larger home with a greater price point and so consequently they sit on the market longer in a market like this.
When we get to the Sold listings we see a very robust market for homes around three thousand square feet still below $700,000.00. If you have a home like this get packing you will be sold soon. Keep in mind these reports are about averages and not specifically about your house. A qualified Realtor® is able to assist you in understanding exactly how your property fits into the local market and what to expect in terms of sales price, activity and days on market. For more information about this and all things Real Estate in Milton, call Larry Lawfer at 617-774-8292 for a free consultation.
YourStories Realty Group with Keller Willliams will bring you the latest news about your town and your neighborhood real estate in this Milton, MA Residential Market Report Fall 2015