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Hingham home sales report for July 2013
Hingham home sales report for July 2013 33 single-family homes sold in Hingham in July down from 35 in June The average SALES price was $720,000, down from $758,000 in June LISTING price was $739,000, down from $783,000 ORIGINAL price was $ 756,000, down from $799,000 ASSESSMENT was $632,000, up from $584,000 Average = total prices / number of homes. The average can be strongly influenced by a relatively small number of high-priced sales from one month to the next The median SALES price was $650,000 up from $645,000 in June LISTING price was $650,000, up from $639,000 ORIGINAL price was $650,000, up from $639,000 ASSESSMENT was $603,000, up from $520,100 Median = the home halfway down the list
The average number of days on market was 43, down substantially from 81 in June price paid per square foot was $313, down from $316 home sold for about 95% of its original price There are 106 single-family homes on the market in Hingham today. That's only 3 months of inventory, and only 17 new properties came on the market in June. With 33 sales in June, that means there's even less inventory now than there was at the beginning of the month. Mortgage interest rates have moderated a bit and are trading in the 4 to ... more
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