Hopkinton Massachusetts Real Estate Market Report April 2008

Hopkinton MA Real Estate Market Report

 

 

 

 

 

 

 

 

In April of 2008 there were 11 homes that closed within the month for Hopkinton MA. This is an increase of 1 unit as there were 10 homes that closed in April of 2007.

The Average list price for the homes that closed in Hopkinton for April of 2007 was $561,907

The Average list price for the homes that closed in Hopkinton for April of 2008 was $561,191

The Average sale price for the homes that closed in Hopkinton for April of 2007 was $537,600

The Average sale price for the homes that closed in Hopkinton for April of 2008 was $536,103

The Average Market time for the homes that closed in Hopkinton in April of 2007 was 152 days.

The Average Market time for the homes that closed in Hopkinton April of 2008 was 145 days.

 

11 homes went under agreement in Hopkinton Massachusetts in the month of April. The average list price of the homes that went under agreement was $578,009. The average time on the market for these Hopkinton homes were 116 days.

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

In comparing year over year longer term data for Hopkinton MA, it appears that there is still a downward trend in the average sale price for homes, as well as an increase in the days on the market for the same period in Hopkinton MA. You can see the statistic by clicking on the previous Hopkinton MA Real Estate market Reports link below.

These statistics are similar to many of the towns in Metrowest MA and represent the on going weakness in the market as compared to previous years. What must be stressed, however, is that these home figures still represent a healthy amount of sales.

Click here for previous Hopkinton MA Real Estate  market reports.

Market reports for Holliston 

Market Reports for Mendon

Market reports for Hopedale

Market reports for Milford 

Market reports for Southboro 

Market reports for Upton 

Market reports for Ashland 

Market Reports for Westboro

Selling a home in Hopkinton MA 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 Hopkinton and many other Metrowest communities has changed over the last two and a half years. We are no longer in a seller's market. Interested in learning more about real estate and homes in Hopkinton MA? Click here to see articles and market reports regarding Hopkinton MA Real Estate

When selling a home in Hopkinton MA, it pays to have a pro in your corner representing you. Here are some excellent questions  to ask when interviewing your agent, that will help you determine if you are hiring a top producer or not!

** 85% of all buyers are finding their homes on the Internet. See this must read article on where I advertise on-line. Metrowest MA Homes ~ How to effectively market to the masses on-line. **

 

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The above Hopkinton MA Real Estate Market report was provided by Bill Gassett, the team leader for the #4RE/MAX Executive Realty Hopkinton RE/MAX Team in Massachusetts in 2007. 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 Hopkinton MA and other Metrowest towns for the last 22+ Years. Bill's office is conveniently located in the center of Hopkinton MA at 77 Main Street.

I have a passion for Real Estate and love to share my marketing expertise! I would welcome the opportunity to earn your business.

For Massachusetts and Hopkinton MA Real Estate and homes see Hopkinton MA 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, and Framingham MA.

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

                                                                   

 

 

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This post has been included in Massachusetts Information Middlesex County, MA Information Hopkinton, MA Information
Post is included in group: New England Professionals
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Post is included in group: Posts to Localism
Post is included in group: MA REALTORS
Post is included in group: City & State: Listings and Market Reports

4 Comments on Hopkinton Massachusetts Real Estate & Homes ~ Market Report April 2008

MAY
04
2008
304,465 Points 12 Featured Posts Localism Sponsor Outside Blog

Hi Bill,

Looks like Hopkinton's average closing for 2008 is similar to 2007 if I'm reading this correctly? Your community seems to be pretty upscale. Some day I'd love to be there for the marathon.

11:07am • #1
438,588 Points 47 Featured Posts Outside Blog
Lynda you are correct Hopkinton is an upscale town. It has been effected by the Real Estate correction but has held up better than some of the other local towns. The statistics you are reading are just for April so it can be slightly deceiving. If you look at the year over year data you will see there was a decline. The peak in our Real Estate market was the Spring of 2005. We have been on a decline since then.
11:15am • #2
317,483 Points 45 Featured Posts Outside Blog

Hi Bill - a great post to help keep consumers in your area up-to-date on the real estate market there.  I like the info you have in your disclaimer, too.

Ann

3:49pm • #3
MAY
05
2008
438,588 Points 47 Featured Posts Outside Blog
Ann thanks for commenting on my Hopkinton MA Real Estate report. The information provided gives people at least a small understanding of what is going on in the local Real Estate market.
6:11am • #4

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Bill Gassett Metrowest Massachusetts Real Estate

Hopkinton, MA

More about me…

RE/MAX Executive Realty

Address: 77 Main Street, Hopkinton, MA, 01748

Office Phone: (508) 435-5356

Email Me

Metrowest MA Real Estate - Realtor specializing in home sales in Hopkinton, Milford, Holliston, Ashland, Southboro, Westboro, Upton, Mendon, Hopedale, Grafton, Medway, Northbridge, Franklin, Douglas, Uxbridge and Framingham MA. Includes Real Estate home sellling & buying tips, Homes for sale in and around Metrowest, Metrowest MA Market reports.

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