Holland MA Real Estate Report: 2nd Quarter 2010

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Education & Training with Century 21 Real Estate

Holland MA Real Estate Report:  2nd Quarter 2010

holland real estate

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.

Summary

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. 

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Text and photos copyright Kathryn J. Acciari unless otherwise noted. 
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Kathryn Acciari, Brand Ambassador

Century 21 Real Estate LLC
175 Park Avenue
Madison NJ 07940

Serving Brokers, Owners, and Agents Throughout New England

Cell: (508) 982-0686   
Email:
kasellshomes@gmail.com

Blog: Real Estate Blog
Twitter: @kacciari

Comments (2)

Kathy Torline
ERA Herman Group Real Estate - Colorado Springs, CO
Colorado Springs Real Estate Blog 719-287-1049

Nice market report -- easy to understand.  I especially like the comparsions.

Aug 07, 2010 04:01 AM
Kathryn Acciari
Century 21 Real Estate - Shrewsbury, MA
Brand Ambassador and Business Coach

Thanks, Kathy.  I appreciate you having stopped by.

Aug 08, 2010 03:04 PM