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Hingham MA Single Family Property Sales For 2nd Quarter 2013

By
Real Estate Agent with The Russell Realty Group 9503097

Hingham remains a desirable market for single family homes. During the second quarter of this year, more homes have sold and for higher prices than in the past 2 years. The Hingham MA single family property sales for 2nd quarter 2013 below detail figures on average prices, listing volume, and days on market for the last several years. Average selling price offers valuable information about the condition of the market, especially when viewed in relation to previous time frames. The total number of homes sold gives us an indication of how active a market may be. Thirdly, the average days on market represents buyer demand. When analyzed together, these 3 figures will help you decide if it is the optimal time to buy or sell a home, how long that may take, and the price you may pay.

Single Family Property Prices for Hingham MA

2nd Quarter Average Sale Price

The average selling price in Hingham MA for the 2nd quarter increased 4.24% from $726,092 to $756,868. In the time frame before that, it decreased -1.15% from $734,510 to $726,092. Before that there was a -10% change. The recent incline is a change in direction from previous years.

2008 $715,563
2009 $709,597
2010 $816,087
2011 $734,510
2012 $726,092
2013 $756,868

 

2nd Quarter Listing Volume

The Listing volume in Hingham MA for the 2nd quarter increased 17.65% from 68 to 80. During the prior period, it decreased -1.45% from 69 to 68. Previous to that was a 11.29% change. These figures show no consistent direction across the past few years.

2008 59
2009 50
2010 62
2011 69
2012 68
2013 80

 

2nd Quarter Average Days On Market

The Average days on market in Hingham MA for the 2nd quarter decreased -23.57% from 157 to 120. In the time frame before that, it increased 18.94% from 132 to 157. Prior to that was a 7.32% change. The recent drop is different from the trend over past years.

2008 148
2009 154
2010 123
2011 132
2012 157
2013 120

 

Hingham MA Single Family Property Sales For 2nd Quarter 2013

For more on Hingham MA single family property sales for 2nd quarter 2013 or statistics for neighboring communities, please contact Ingrid Johnson, Realtor at The Russell Realty Group by calling 508-326-2556 or emailing ingrid.johnson@live.com. Note: These statistics were pulled from third parties including county records and the Mass. MLS Property Information Network, Inc. They are intended to offer a general overview of the market, are not guaranteed accurate, and might not necessarily include every single family sold in Hingham.

Show All Comments Sort:
Ray A. Lopez
Keller Williams Realty - Tracy, CA
Helping you find your Dream Home

Great Article and good information, your market place seems to be doing very well. Thanks for sharing...

Jul 30, 2013 09:28 AM
Anonymous
Ingrid Johnson

Thanks Ray!

Jul 30, 2013 09:49 AM
#2