Hingham MA Sold Single Family Homes Report for March 2011
On Boston's South Shore, the Hingham MA real estate seems to garner quite a premium. Perhaps it is Hingham's top flight schools. Maybe it is the simple and easy commute of the commuter boat, or several available MBTA stops on the Greenbush line. Or it is simply a great quality of life. Hingham MA offers it all from quaint New England seaside living, to larger parcels of land for privacy. Whatever it is, people flock to Hingham and love it. Come visit Hingham MA, you may too!
So, here is the March 2011 sales report:
In March of 2011 there were 9 homes that closed within the month for Hingham Massachusetts. This is a increase of 4 units, as there were 5 homes that closed in March of 2010.
The Average list price for the homes that closed in Hingham for March of 2010 was $732,042
The Average list price for the homes that closed in Hingham for March of 2011 was $610,471
The Average sale price for the homes that closed in Hingham for March of 2010 was $684,734
The Average sale price for the homes that closed in Hingham for March of 2011 was $583,803
The Average Market time for the homes that closed in Hingham in March of 2010 was 150 days.
The Average Market time for the homes that closed in Hingham March of 2011 was 176 days.
There are 17 homes under agreement in Hingham Massachusetts in the month of March. The average list price of the homes that went under agreement was $931,294. The average time on the market for these Hingham MA homes was 195 days.
In 2010 there were 217 Single Family Real Estate transactions in Hingham. In 2009 there were 189 Single Family Real Estate transactions.
** The above statistics are for single family homes only and do not include condo’s or Multi-family homes in Hingham Massachusetts.
In comparing year over year longer term data for Hingham MA, there is a trend towards more stability in market values. The average sale price is down as demand is remain much stronger in the price range of homes that can be financed with a conventional mortgage. Not to say that transactions are not happening in the upper end of the market, but the volume of transactions remains within the homes priced within the ranges above.
Hingham remains an excellent town for both 1st time home buyers as well as those wishing to move up into the mid ranges of the market. Hingham offers home styles from Antique Homes to Waterfront Homes, to Condos with many of these home styles offered at various price points.
Below are market reports for other towns in the Hingham area:
- Markets reports for Cohasset
- Market reports for Scituate
- Market Reports for Weymouth
- Market reports for Marshfield
- Market reports for Hull
Selling a home in Hingham Massachusetts or other South Shore Towns is heavily dependant on pricing your home properly and picking an agent that will create an “online market presence” for your home. As a home seller, you need to be aware that the market in Hingham and many other South Shore communities has changed over the last five years. We are no longer in a seller’s market. When selling a home in Hingham Massachusetts, it pays to have a pro in your corner representing you.
When selling a home in Hingham MA, it pays to have a pro in your corner representing you. Will your agent dominate Google with an internet presence? Click here to see a brief overview in my online marketing Flip Book Presentation. Here are some Real Estate interview questions to ask when interviewing your agent, that will help you determine if you are hiring a successful broker or not!
About the author: The above Real Estate information about Hingham MA Homes For Sale was provided by Bill Tierney, a highly respected name in real estate who covers the South Shore real estate market for Virtual Homes Real Estate. Bill can be reached via email at William.Tierney@VirtualHomes.com or by phone at 617-653-1955. Bill has been a licensed real estate agent for over seven years.
Thinking of selling your home or condo? I have a passion for Real Estate and would love to share my marketing expertise! I specialize in leveraging today’s technology, such as social media, to maximize your home’s exposure.
For Massachusetts and Hingham MA Homes for Sale and condos see Hingham MA Real Estate For Sale.
Want to have MLS access to beat other buyers to your dream home? Sign up with no obligation at my MLS Property Finder service. I service the following towns on the South Shore: Cohasset, Hingham, Hull, Scituate, Marshfield, Norwell, Weymouth, Quincy, Duxbury, and Kingston. Click here to view Bill Tierney’s Real Estate Profile.