Holland MA Real Estate Report: 2nd Quarter 2010
Holland, MA: The second quarter of 2010 was an important time for real estate. We had the spring market surge, along with the winding down of the tax credit incentive. Let's see how home sales went in Holland, MA, for the second quarter of 2010 compared to second quarter 2009.
Number of Homes Sold
In 2009, 7 single family homes sold during the second quarter of the year.
In 2010, 8 single family homes sold during the second quarter of the year.
Average Sales Price
Second quarter 2009 average home price was $175,571 (interesting number - it mirrors itself).
Second quarter 2010 average home price was $169,738 - a minor decrease from 2009.
Average Days on Market
For the homes sold during the second quarter of 2009, the average time on market was 229 days.
For homes sold during the second quarter of 2010, average time on market was 70 days - quite a difference from 2009!
Current Market Snapshot
Currently, there are 31 single family homes for sale in Holland MA. The prices range from $49,900 for a fixer-upper that needs a septic system, to $489,900 for a waterfront home in one of Holland's Hamilton Reservoir.
The second quarter of 2010 saw a comparable number of home sales compared to the same time period in 2009, with a slight decrease in the average sale price of homes sold. What will be telling will be the final two quarters of 2010. Will this sales trend continue, or will the end of the tax credit have a slowing effect on the market? Check in early October to see how the market changes in Holland, MA.
Are you planning to buy or sell a home in Holland, MA? Call me for an honest discussion of ways you can make the market for you: (508) 982-0686.