Millis Market Watch – 19 May 2009

Currently there are 27 single family homes on the market in Millis. The houses have an average list price of $456,000 and an average market time of 232 days. There are 5 properties available for $300,000 or less. On the upper end of the scale, there is one property listing for $700,000 or more.

No new single family homes came on the market in the last week.

Two single family homes went under agreement in the last week. One is cape on Village Street and the other is a cape on Ridge Street. There are five more properties flagged to go under agreement soon.

Two single family homes sold in the past week in Millis. One was a 3 bedroom, 2 bath ranch on Forest Road that sold for $329,900. The other was a 3 bedroom, 2.5 bath colonial on Village Street that sold for $436,000.

There are currently 30 condos on the market. The condo average list price is $277,970 with an average price per square foot of $334. Average time on market is 218 days. One condo on Main Street went under agreement last week. Another on Cedar Square is flagged to go under agreement soon.

There is one multi-family on the market in Millis. It is a 6 unit, 18 total room building. It is listed at $539,000 and has been on the market for 158 days. There has been no movement in the Millis multi-family market in the past week.