Click below to view the video (about 7 minutes) discussing inventory trends in this early spring market for Hopkinton, MA.  Charts in the video are also included below for your reference.

Some of the raw data: 

• just 59 single-family homes on the market currently and of those 7 have accepted offers and remain as "active" only to seek back-up offers. 
  
• Average DOM (days on market) is down this month to 135 from 149 in mid-February. 
  
• Ten homes have gone under agreement in the past month which is quite a nice activity level.

Below is the inventory trend chart shown in the video.  Since my legend does not appear (ahem) the dark blue line on top is the number of homes in each price range this month, the lighter blue line is the same number from one month ago, and the red line on the bottom is the number which have gone under agreement since 2-14-09.

Below is the chart showing inventory trends since January 2005.  The "J  A  J  O" along the bottom stand for "January, April, July, & October" of each year.  You can see that our inventory levels are low.

This is an overview snapshot.  If you're considering buying or selling a home in Hopkinton, MA this spring, we'd be delighted to provide you with an in-depth analysis of the specific price range you are targeting to help you achieve your objectives. 

For an introductory video to the town of Hopkinton, please visit our website STAR REALTY Hopkinton. Or for a personal tour of the town, feel free to contact us at 508-275-9155.