Hingham had a solid year, with relatively quick sales at prices similar to 2012.
For all of 2013, the average price per square foot paid for a Hingham home is up about 4% from 2012 at $313, but since the average house is slightly smaller, the average price paid has been steady.
262 single-family homes sold in 2013
- up from 256 in 2012
- if you'd like a list of all the 2013 sales, please write me here
The current list of homes for sale in Hingham can be found at Hingham homes for sale
For all of 2013, the AVERAGE
-
SALES price was $768,000
- up from $763,000 in 2012
-
LISTING price was $798,000
- up from $797,000 in 2012
-
ORIGINAL price was $823,000
- down from $832,000 in 2012
- AGE is 66 years (built in 1947)
Average = total prices / number of homes
The MEDIAN
- SALES price was $729,000
- LISTING price was $729,000
- ORIGINAL price was $729,000
- ASSESSMENT was $512,000
Median = the home halfway down the list
For 2013, the average
-
number of days on market was 89
- down from 110 in 2012
- square footage was 2,437
- down from 2,577
-
price paid per square foot was $313
- up from $296 in 2012
- home sold for about 93% of its original asking price and 97% of its last listing price
- the average for all of 2012 was 92% of the original price and 96% of the last price
Mortgage interest rates are trading around 4 1/2%
- At 4.5%, the monthly payment per $100,000 of principal loan amount is $506
- At 5.0%, the payment would be $536
-
At 5.5%, the payment would be $568
- If interest rates rise 1.0% this year, 30-year mortgages will cost 12% more
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Numbers may be rounded. The information contained in this report, Homes sold in Hingham - 2013, was taken from MLS Data run on 1/04/2014 and represents all single-family home sales in Hingham from 1/01/2013 to 12/31/2013 or the relevant time period for the data shown. It is deemed reliable but cannot be guaranteed. It is not our intention to solicit other real estate broker’s clients. We are happy to work with them and cooperate fully. ©2013 Coldwell Banker Real Estate LLC. Coldwell Banker is a registered trademark licensed to Coldwell Banker Real Estate LLC. An Equal Opportunity Employer. Equal Housing Opportunity. Owned and operated by NRT, LLC.
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