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Holliston single family market activity 2007 vs 2008

By
Real Estate Agent with RE/MAX Executive

   Holliston market statistics 2007 vs 2008
 

Single family

activity

Sold

volume

Avg sold

price

Median sold price

Days on mkt

  

2008

105

397,000

350,000

110

2007

171

449,000

390,000

135

Trend

Dn 39%

Dn  11%

Dn 10%

Dn 18%

While the number of homes sold was down dramatically -39%, the average sales price and median price was down quite a bit as well at 10%. The average days on market has improved by 25 days which tells me sellers are getting more realistic about market conditions and pricing more accurately from the start.