Hopkinton Real Estate, Market statistics September 2007

By
Real Estate Agent with RE/MAX Executive

Hopkinton MA YTD statistics as of 9/30/07 for single family homes

 

Single family

YTD 9/30/07

 

2006

YTD

 

2007

YTD

 

Trend

Active

Listings

 

127

 

79

Inventory is down

Homes

Sold

 

142

 

151

# sold is up

Median

Sale Price

 

$657,500

 

 

$600,000

 

down

Avg days

On market-

SOLDS

 

112

 

135

Time on market is up

 

Despite all the bad news in the media, people are still buying homes. The chart above indicates the # of homes sold is up slightly over 2006 and inventory is down. Yes the median sales price is down , we all knew there has been a price correction over the past 12 months. The average days on the market is up 10% to 135 days, this is really not that long of a time to sell an avg. $600,000. home

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John Savignano

Realtor - Hopkinton and Metrowest MA Real Estate
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