Year In Review Market Update for Southborough - 2021
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...
2021 was quite the year!
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 2021 Year in Review market update showcases everything you need to know about local real estate trends as we head into the new year.
Our Team's 2021 In Review
$179,765,923
Total Sales Volume
265
Homes Sold
(Transaction Sides)
Over 250
Customers Helped
Southborough Market 2021 Year in Review
<1 Months of Supply
This is a Seller's market.
173
New Listings
10
Under Contract
4
Currently Active Listings
161
Closed Sales in 2021
Homes Sold
103.2%
Sale-to-List Price
$888,925
Average Sales Price
34
Average Days on Market
$292
Average Price per Square Foot
Curious about how your home's value changed in 2021?
We will gladly prepare a Comparative Market Analysis for you so that you are armed with the most current information heading into 2022.