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Hopkinton Massachusetts CONDO Market update YTD '06/07

By
Real Estate Agent with RE/MAX Executive

 

Condo's

YTD 9/30/07

 

2006

YTD

 

2007

YTD

 

Trend

Active

Listings

 

29

 

42

Inventory is up

Homes

Sold

 

27

 

31

 

# sold is up

Median

Sale Price

 

$312,000

 

 

$310,000

 

flat

Avg days

On market-

SOLDS

 

121

 

126

 

flat

 Hopkinton Condo market statistic thru 9/30 2007  2006 vs 2007. The inventory is up by about 25%. The numbers sold is up by 10% while the median saales price and days on market remain flat. This seems to show that while sales have been on par or a little better than last year, inventory seems to be building again.