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Hopedale Real Estate Market Report October 2009

Hopedale Massachusetts Real Estate Market Report October 2009

Hopedale Mass Real Estate report

In October of 2009 there was 6 homes that closed within the month for Hopedale Massachusetts. This is an increase of 4 of units, as there was 2 homes that closed in October of 2008.

The Average list price for the homes that closed in Hopedale for October of 2008 was $396,188

The Average list price for the homes that closed in Hopedale for October of 2009 was $196,467

The Average sale price for the homes that closed in Hopedale for October of 2008 was $370,000

The Average sale price for the homes that closed in Hopedale for October of 2009 was $187,417

The Average Market time for the homes that closed in Hopedale in October of 2008 was 63 days.

The Average Market time for the homes that closed in Hopedale October of 2009 was 160 days.

3 homes went under agreement in Hopedale Massachusetts in the month of October. The average list price of the homes that went under agreement was $243,933. The average time on the market for these Hopedale homes was 52 days.

Through October of 2009 there have been 36 homes that have sold in Hopedale. At the same point in time last year there were 28 homes that had sold.

January - December 2008 Market Statistics for Hopedale Massachusetts

In Hopedale MA for the period of January to December of 2007 there were 42 properties sold.

In Hopedale MA for the period of January to December 2008 there were 33 properties sold.

In Hopedale MA for the period of January to December in 2007 the average list price was $404,536 the average sale price was $387,767 and the average market time was 145 days.

In Hopedale MA for the period of January to December in 2008 the average list price was $332,945 the average sale price was $319,745 and the average time on the market was 169 days.

** The above statistics are for single family homes only and do not include condo's or Multi-family homes in Hopedale MA.

In comparing year over year longer term data for Hopedale MA, the average list price and sale price both went down over year from January to December. There was also an increase in the days on the market for the same period in Hopedale Massachusetts.

Selling a home in Hopedale Massachusetts or other Metrowest town is heavily dependant on pricing your home properly and picking an agent that will create an "online market presence" for your home. As a home seller, you need to be aware that the market in Hopedale and many other Metrowest communities has changed over the last three and a half years. We are no longer in a seller's market. When selling a home in Hopedale Massachusetts, it pays to have a pro in your corner representing you.

When selling a home in Hopedale MA, it pays to have a pro in your corner representing you. Here are some Good Real Estate interview questions to ask when interviewing your agent, that will help you determine if you are hiring a pro or not.

** 85% of all buyers are finding their homes on the Internet. See where I advertise on-line to create a dominat internet presence for my clients at Hopedale Real Estate marketing. **

Here are additional market reports from some other area towns:

Markets reports for Hopkinton

Market reports for Holliston

Market Reports for Mendon

Market reports for Milford

Market reports for Southboro

Market reports for Upton

Market reports for Ashland

Market Reports for Westboro

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About the author: The above Hopedale Real Estate market report was provided by Bill Gassett, a Nationally RE/MAX Executive Realty Hopedale Mass Real Estate recognized leader in his field. Bill can be reached via email at billgassett@remaxexec.com or by phone at 508-435-5356. Bill has helped people move in and out of Hopedale MA and other Metrowest towns for the last 23+ Years.

Thinking of selling your home? I have a passion for Real Estate and love to share my marketing expertise!

For Massachusetts and Hopedale MA Real Estate and homes see Hopedale Real Estate Want to have MLS access to beat other buyers to your dream home? Sign up with no obligation at my MLS Property Finder Site.

I service the following towns in Metrowest MA: Hopkinton, Milford, Upton, Southboro, Westboro, Ashland, Holliston, Mendon, Hopedale, Medway, Grafton, Northbridge, Uxbridge, Douglas, and Framingham MA.

Click here to view Bill Gassett's Real Estate profile.

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Posted by Bill Gassett Metrowest Massachusetts Real Estate on 11/10/2009 04:35 PM

Comments (28)

Hopedale Real Estate in the Regional (Localism) Channel

hopedale ma market reports, hopedale ma real estate, hopedale ma realtors

Originally posted at: Massachusetts Real Estate: Hopedale Real Estate Market Report October 2009

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28 Comments on Hopedale Real Estate Market Report October 2009

NOV

Bill :

Lookd like only the lower priced homes are selling.

Richard

Bill- Looks like you are getting some real estate moving in your market. That is a good thing:) Katerina

Hi Bill,

Another great market report for Metrowest, MA, you always do such a great job. Looks like Oct. was a good month for closings in Hopdale. Seeing your track record you probably sold most of them yourself!

Bill I was looking over some of your other market reports and it looks like sales are up in some towns and down in others. This goes to show that Real Estate is local, and even in each town neighborhoods react differently.

Hi Bill. I am impressed with the amount of these market reports you put out.

I assume once you get a system, it gets easier...

Looks great!

Ken

Hi Bill, Sales are up. How big is this area? Values have been devastated, not unlike some areas of So Cal. I am guessing sales are up but with distressed property owners? Would that be accurate?

Bill - some pretty big changes from last year in terms of pricing, but good to see sales are up. This seems to be consistent with many communities.

Jeff

NOV

Bill It would appear your market is improving better than most, but we'll all get there eventually :)

Hello Bill, thanks for the report on Hopedale MA. Looks like prices have taken a hit like most areas but hopefully things are healing up there from here on! John

NOV

George you are correct there are some towns in the area that have done better than others.

William there are some distressed properties but not enough that is has a dramatic effect of the market in Hopedale.

Bill you consistently keep your readers abreast of the market. Glad to see more properties moving.

NOV

Bill, I see that you have posted a number of very good market reports and wanted to know if it's increased traffic to you directly for your business. I will check back again. Thanks and have a great weekend!

NOV

Bill, looks like prices are dropping in your area and sales are picking up. Hope it continues.

HI Bill! We're experiencing the same thing--homes are moving but, prices are down a bit from last year. At least they're moving, right?! And, I just HAVE to know--how long does it take you to crank out one of these market reports?! They are SO detailed!

Debe the market has been steady this year in the Hopedale area. We are not seeing the large price drops thay occured last year. The Real Estate reports do take quite a bit of time to put together!

NOV

Bill - Great analysis ! It is great that you are so consistent with these reports for the areas you specialize in !

NOV

Bill, This is a great report. Good to read that the market has improved. The tax credit seems to be working.

Hi Bill -- I hope that some of the trends in NH reach you in MA. A nice report and it is interesting to see how the year has developed.

I like the way you link to all the other market updates... I'm not nearly as good about that as you are!

NOV

Great, consistent posting your your market statistics, Bill. Valuable information for people wanting to know what is happening in Hopedal, MA.

NOV

Bill - This is important information for consumers in Hopedale, Massachusetts to understand whether they are buying or selling. Things have change a lot in the last year, and, as always, you're right on top of it.

NOV

Well, I give you kudos for the time you invest in all of these--I wish I could be so disciplined! I've been a listing machine for the past few months and haven't had the time to transfer the data that I compile into a 'nice' looking presentation like you do.

Have a wonderful weekend...

NOV

Another great market report for your area, Bill. I know how time-consuming these can be, yet they're well worth it... consumers love this kind of information in my market and I'm sure they do in yours.