Hull Sold Single Family Homes Stats for Dec. 2010

Well the Hull Single Family housing market showed some mixed, yet fairly positive, results for the last month of 2010!   December saw seven homes sell which equals the same number of single family homes that sold in the same period in the prior year of 2009.  However the average selling price dropped from $374,057 in Dec. '09 to $219,771 this past December.  Not to add insult to injury, but the median sales prices slid as well with the median price falling from $354,000 to roughly $250,000 year over year.  However time on the market did shorten from a 148 days to 136.  The take away here is the volume and the time needed to sell have improved, but pricing is still a key variable.