2014 Market Update Hingham, MA

By
Real Estate Broker/Owner with RIVER FARM PROPERTIES, LLC BK3341635 - Florida

This is the seventh in a series of market updates, a service to clients and prospects.  We are providing home sale data across the markets we cover in Plymouth County & Cape Cod.  Today is HINGHAM, MA.  We will compare Q4 2013 vs. the start of the new year January 2014.  We expect Data to still point to weakness in terms of sales vs. inventory or homes for sale and prices to rise through 2014.  Here is a brief recap:

 

Plymouth homes for sale, Hingham MA

(World's End Hingham, MA)

 

HINGHAM

Closed Sales -  (52 or 17/mo.) Q4 2013  up  18%  January MTD 2014 (20, SFR)

Homes For Sale-Inventory (329 or 110/mo.) Q4 2013  down  -22%  January MTD 2014 (86)

Avg. Sale Price -   ($781,821) Q4 2013  up  23%  January MTD 2014 ($1,010,525)

Avg. Days on Mkt -   Q4 2013 (123)  up  42%  January MTD 2014 (175)

Avg. Discount List Price - Q4 2013 7%   January MTD 2014 14%

Information provided by MLS PIN Network data not guaranteed

 

www.RiverFarmProperties.com

Comments (2)

Bob Baesmann
DFW Team Realty - Plano, TX
DFW Team Realty | 972-978-8800

Great information on your local market.

 

Thank you for sharing this important information about the Real Estate market in your area!

Feb 02, 2014 10:03 PM
John F Muscarella
RIVER FARM PROPERTIES, LLC - Venice, FL
Broker/Owner, Venice, FL, Florida's Suncoast

Thanks Bob, must be the weather that keeps me doing something useful.  Stay warm and dry.

Feb 02, 2014 10:22 PM