42 • COMMUNITY ADVOCATE • Friday, August 20, 2021
&MORE
HOMES This is a paid advertisement
Yes, Sellers WANTED... By Michelle Gillespie The hot days of summer are here, and the housing market continues to be extremely hot. With sustained limited inventory, buyers are desperate for new homes to look at. You have probably heard or read the news – it is on one day and then off the market. What does this mean to you as a seller? Less competition, higher prices, and a large buyer pool! There is no doubt your house will sell; it is just how high will it sell for. So, let us take a look at the current inventory numbers:
Michelle Gillespie, REALTOR® MEGA AGENT Direct Line: 508-934-9818 michelle@michellegillespie.com www.michellegillespie.com 10 Main St, Northborough
Are you ready to sell? While the summer months tend to be quieter, this has not been the case this year. The appreciating real estate market has shown how hot the market is and is a good indicator of a strong fall market. I do not expect the summer or fall market to cool down, and there are hundreds of buyers currently looking for a new home. That is why now is a great time to join many other happy sellers and profit from the strong sellers’ market while the sale prices are appreciating.
Now’s the Time!
If you want to sell your home in this outstanding sellers’ market and would like to discuss the best approach for a positive outcome, call me, Michelle Gillespie at 508-934-9818, or e-mail michelle@michellegillespie.com. Visit my website at www.michellegillespie.com for more information.
Each office is independently owned and operated.
Keller Williams Pinnacle Metrowest 114 Turnpike Road, Suite 201 Westborough, MA 01581 All sales data is obtained from the MLS PIN
Northborough Northborough Northborough Westborough Westborough Westborough Marlborough Marlborough Marlborough Hudson Hudson Hudson Southborough Southborough Southborough Shrewsbury Shrewsbury Shrewsbury
Now Current Market Now Current Market Now Current Market Includes all price ranges Includes all all price ranges Includes price ranges homes 10 homes 16 homes 1010 homes homes homes 15 homes 111111 homes 24 homes homes 24 homes 2424 homes homes 10 homes 12 homes 1010 homes homes 15 homes 18 homes 1515 homes 21 homes homes 21 homes 2121 homes
Typical Market Typical Market Typical Market Includes all price ranges Includes all all price ranges Includes price ranges 30 – 40 homes 30 30–––40 40homes homes 30 40 homes 30 –30 homes 3030 –40 40 homes 40 homes ––40 homes 40 – 50 homes 4040 – 50 homes 40 50 homes ––50 homes 30 30 40 homes 30––––40 40homes homes 30 40 homes 30 – 40 homes 30 homes 30–––40 40 homes 30 40 homes 40 ––50 homes 4040 50 homes 40 50 homes ––50 homes
As you can see, there are just about half the available homes on the market today compared to a typical market. A deeper dive into the most popular price ranges within these communities shows even less inventory:
Homes Homesfor forSale SaleHomes forHomes Homes forSale Sale Sale for
Homes Homes forSale Sale Homes for for Sale
Homes for Homes forSale Sale Homes for Sale
$400,000 $500,000 $600,000 --$700,000 $700,000 --$800,000 $400,000--$500,000 $500,000 $500,000--$600,000 $600,000 $500,000 $600,000 $700,000 $700,000 $700,000 $800,000 $400,000 - $500,000 - $600,000 - $800,000
Northborough Northborough Northborough 000 Westborough Westborough Westborough 333 Marlborough Marlborough Marlborough 666 Hudson 222 Hudson HudsonHudson 0 Southborough Southborough Southborough 00 Shrewsbury Shrewsbury Shrewsbury 22 6
1 4 7 3 3 6
11 1 11 1 555 222 444 66
0 4 4 1 2 3
22 11 22 11 33 111
2 1 4 1 2 0
222 111 444 111 111 33
Coupled with high borrower demand, it’s the perfect time to list your home and here are the reasons why: • Homeowners have gained significant equity in their home. Capitalize on these market conditions and the equity you have built in your home. • Buyers will compete for your home due to limited inventory. The supply of homes for sale nationally and locally is record low which means many more buyers competing for your home. • Buyers will pay more than asking to compete for your home and engage in bidding wars to have their offer accepted in multiple offer situations. • Consider moving up while interest rates are at a historically record low. • Market conditions have never been so positive for sellers. Low interest rates, motivated buyers and limited number of homes for sale make this the perfect time to sell your home. Sold by Michelle Gillespie SOLD 4 bedroom Cape in Marlborough in 4 days for $78,000 over asking.
SOLD 3 Bedroom Split Level Home in Northborough Sold in 6 days $50,000 over asking
Listed for $550,000 Sold for $628,000
Listed for $574,900 Sold for $625,000
