Hopkinton Market Shows Improvement

By
Real Estate Agent with RE/MAX Executive

Hopkinton YTD Sales  2008 vs 2009

Single family

1/1 - 09/30

MLS statistics

2008

Thru Q3

2009

Thru Q3

Trend

Homes  Sold

103

116

+13%

Median Sale $

$557,500

$505,000

- 9%

Avg. Sale $

$567,500

$512,600

-10%

% Sold price

From

List price

 

final list $ to Sold

97%

97%

Flat

Avg. days on mkt        for Solds

 

136

 

123

 

-10%

Local Market Stabilizing !

Looking at the sales chart we can see good news. Homes are selling (up 13%) & faster (avg. 123 days).

While the avg. & median price is down I believe and recent news articles predict the Boston market may have bottomed out. Supply and demand is coming back in balance

Home Sales are up

Homes are selling quicker

Listings are down

Prices are stabilizing

 All Very Good Signs!

Questions?- johnsavi2002@yahoo.com or www.Metrowestareahomes.com

close

This entry hasn't been re-blogged:

Re-Blogged By Re-Blogged At
Topic:
Home Selling
Location:
Massachusetts Middlesex County Hopkinton
Tags:
hopkinton ma real estate
hopkinton homes for sale
hopkinton ma market conditions
hopkinton education

Post a Comment
Spam prevention
Spam prevention
Post a Comment
Spam prevention

What's the reason you're reporting this blog entry?

Are you sure you want to report this blog entry as spam?

Rainmaker
221,220

John Savignano

Realtor - Hopkinton and Metrowest MA Real Estate
Ask Me A Question
*
*
*
*
Spam prevention

Additional Information