Sellers:

Active single family inventory in Natick is in the midst of the usual seasonal decline, while the number of homes that went under contract in November was actually up about 25% from October.  Year-to-date sales are up about 5% from a year ago, but median prices have actually declined slightly from a year ago - $551,000 from $555,000. Days on market is about the same.  Overall, the demand for single family homes in Natick is still strong and it remains a sellers market.

 

Buyers:  

Multiple offers are still common for homes in the $400,000-900,000 range in Natick, with a number of homes selling above list price.  Very few sellers are in foreclosure or short sales. Interest rates saw a little increase this month. It's time to get off the fence and secure a good rate!

 

Please click on the image below for a complete market report: