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Grafton market statistics 2007 vs 2008

By
Real Estate Agent with RE/MAX Executive

 

Grafton market statistics 2007 vs 2008

Single family

activity

Sold

volume

Avg sold

price

Median sold price

Days on mkt

  

2008

119

389,000

340,000

160

2007

160 

438,000

406,000

156

Trend

Down 30%

Down  4%

Down 2%

Down 9%

While the number of homes sold was down dramatically, the average sales price was only down 4%. The median sales price held pretty steady showing that homes in all price ranges are still selling in Hopkinton. The average days on market has improved by 10 days which tells me sellers are more realistic about market conditions and pricing more accurately from the start.