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Hanson's Hot Real Estate Market: What You Need to Know

By
Real Estate Agent with Better Living Real Estate, LLC 9152684

Insights for Buyers and Sellers

 

Introduction

 

Are you thinking about buying or selling a home in Hanson, Massachusetts? If so, you're in the right place! The current real estate market is buzzing, and understanding the latest trends can make all the difference in your journey.

 

Demand is High: What Do the Numbers Say?

 

First up, let's chat about the Months Supply of Inventory, currently sitting at 1.52. This figure means that, at the current sales pace, it would take a little over a month and a half to sell all available homes. That’s a clear sign of high demand! If you're a buyer, be ready to jump in when you see something you like.

 

Inventory is Shrinking: A Competitive Landscape

 

The 12-Month Change in Months of Inventory stands at a striking -44.73%. This sharp decline means fewer homes are on the market than last year. If you’re a buyer, keep in mind that more competition usually means you'll need a strong offer to secure your dream home.

 

Homes are Flying Off the Market

 

With a Median Days Homes are On the Market at just 28 days, homes are selling quickly in Hanson. This quick turnover highlights the ongoing demand. If you find a property that catches your eye, don't hesitate too long—your dream home might be just a click away for someone else too!

 

Get Ready to Compete!

 

Next, let’s look at the List to Sold Price Percentage, which is currently at 101.2%. This means that on average, homes are selling for slightly more than their listing prices. As a buyer, it’s essential to come prepared, maybe even ready to pay a bit above asking if you want to stand out from the crowd.

 

Understanding Home Prices in Hanson

 

Finally, the Median Sold Price for homes in the area is $520,950. This number reflects the typical price range you'll encounter while searching. With the current market showing low inventory and quick sales, prices could remain high. It's a valuable reminder for buyers to consider their budget and be ready to negotiate.

 

The Bottom Line: Market Activity is Thriving

 

In summary, the Hanson real estate market is competitive and fast-paced. Buyers need to act quickly, while sellers can benefit from high demand and rising prices. With the right preparation, whether you’re buying or selling, you can navigate this dynamic market effectively.

 

Ready to Take the Next Step?

 

Don’t let this opportunity pass you by! If you’re ready to dive into the Hanson housing market, reach out today for personalized support and guidance.

 

Posted by

 

Lew Corcoran
Licensed Massachusetts Real Estate Agent
Certified Listing Expert
Certified Real Estate Negotiator
RESA Certified Home Stager
Professional Real Estate Photographer
FAA Licensed Drone Pilot

Director, National Board of Directors,
Real Estate Staging Association (RESA)



Better Living Real Estate, LLC

15 Wall Street, #9157
Foxborough, MA 02035
O: (888) 877-8300
D: (508) 258-9658

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Comments(6)

Show All Comments Sort:
Michael Jacobs
Pasadena, CA
Pasadena And Southern California 818.516.4393

Hello Lew - thank you for this market report for Hanson Massachusetts.  Hanson is a new-to-me area in your state, so this overview gives me some insight.  

Jan 24, 2025 05:30 AM
Lew Corcoran

Thank you, Michael Jacobs, for taking the time to read the market report! I'm glad to hear it provided you with valuable insights into Hanson, and I hope you find the area as wonderful as it sounds!

Jan 24, 2025 12:45 PM
Bill Salvatore - East Valley
Arizona Elite Properties - Chandler, AZ
Realtor - 602-999-0952 / em: golfArizona@cox.net

We lived for 10 years in Hanson back in the 70-80's. Thanks for sharing, make it a great Friday and enjoy your weekend!

Bill Salvatore, Realtor- Arizona Elite Properties

Jan 24, 2025 05:55 AM
Lew Corcoran

Thank you, Bill Salvatore - East Valley! It’s wonderful to hear about your connection to Hanson—wishing you a fantastic Friday and a relaxing weekend ahead!

Jan 24, 2025 12:45 PM
Joe Mojica
Laer Realty Partners Bowen - Port St Lucie, FL
Your Home Adds Value to You

Lew, like Nina, you have introduced me to a new area, Hanson, Massachusetts. I really appreciate how you broke down the information into categories. Thanks for sharing.  Joe

Jan 24, 2025 06:56 AM
Lew Corcoran

Thank you, Joe Mojica! I'm thrilled to hear you found the breakdown helpful and that Hanson is now on your radar—it's always exciting to explore new places!

Jan 24, 2025 12:46 PM
Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

Hello Lew and thank you for sharing your market report with us today in the Rain.  Make it a great weekend.

 

Jan 24, 2025 09:44 AM
Lew Corcoran

Thank you so much, Will Hamm! I appreciate your support and wish you a fantastic weekend as well!

Jan 24, 2025 12:47 PM
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Lew, sellers are already lucky to see over 100% to list price in December.  We usually drop quite a bit.

Jan 24, 2025 11:35 AM
Lew Corcoran

Thank you, Joan Cox! It's interesting to see how the market shifts in different areas, and your insights are invaluable for understanding these trends better.

Jan 24, 2025 12:48 PM
George Souto
George Souto NMLS #65149 - Middletown, CT
Your Connecticut Mortgage Expert

Lew Corcoran looks like you guys are still in a strong Sellers Market, like we are here in CT.

Jan 24, 2025 04:09 PM
Lew Corcoran

Thanks for your insight, George Souto! It’s fascinating to see how the market trends align across different regions.

Jan 25, 2025 12:02 PM