Click below to view the video (about 8 minutes) discussing inventory trends in this spring market for Hopkinton, MA.  Charts in the video are also included below for your reference.

Some of the raw data:

    * 76 single-family homes on the market currently and of those 10 have accepted offers and remain as "active" only to seek back-up offers.
    * Average DOM (days on market) is up to 115 from 107 in mid-April.
    * The price ranges below $600,000 are seeing the most activity.

Below is the inventory trend chart shown in the video. The dark blue line on top is the number of homes in each price range this month, the lighter blue line is the same number from one month ago, and the red line on the bottom is the number which have gone under agreement since 4-15-09.

The $500,000's & $600,000's price ranges are still the most crowded.  Three of the indicated 15 homes in the $500,000's actually have accepted offers so they are only being shown for back-up offers.

Below is the chart showing inventory trends since January 2005.  The "J  A  J  O" along the bottom stand for "January, April, July, & October" of each year.  You can see that our inventory levels are low.

For more detailed information about the Hopkinton residential real estate market, don't hesitate to contact us at 508-275-9155 Star Realty Hopkinton

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