Just released: the latest video discussing inventory trends and for the third quarter and early fall real estate market in Hopkinton, MA. Charts in the video are also included below for your reference.
Some of the raw data:
* 79 single-family homes on the market currently and of those 12 have accepted offers and remain as "active" only to seek back-up offers.
* Average DOM (days on market) is holding steady at 117 days.
* Homes in nearly every price range from $200,000 to over $1,000,000 have gone under agreement during the past month in an unusually active market.
Below is the inventory trend chart shown in the video. The dark blue represents the number of homes in each price range this month, the gray bar column is the same number from one month ago, and the red line to the right in each price range indicates the number of homes which have gone under agreement since 9-15-09.
Below is the chart showing inventory trends since January 2005. You can see that our inventory levels are relatively low.
And finally the slide of Q3 2009 results: