Hopkinton Mid-Month Real Estate Market Report -- March 2009

By
Real Estate Broker/Owner with STAR REALTY Hopkinton

Click below to view the video (about 7 minutes) discussing inventory trends in this early spring market for Hopkinton, MA.  Charts in the video are also included below for your reference.

 

Some of the raw data: 

  • just 59 single-family homes on the market currently and of those 7 have accepted offers and remain as "active" only to seek back-up offers. 
  • Average DOM (days on market) is down this month to 135 from 149 in mid-February. 
  • Ten homes have gone under agreement in the past month which is quite a nice activity level.

 

Below is the inventory trend chart shown in the video.  Since my legend does not appear (ahem) the dark blue line on top is the number of homes in each price range this month, the lighter blue line is the same number from one month ago, and the red line on the bottom is the number which have gone under agreement since 2-14-09.

Hopkinton Inventory Trends as of 3-15-09

Below is the chart showing inventory trends since January 2005.  The "J  A  J  O" along the bottom stand for "January, April, July, & October" of each year.  You can see that our inventory levels are low.

History of Hopkinton Inventory

 

This is an overview snapshot.  If you're considering buying or selling a home in Hopkinton, MA this spring, we'd be delighted to provide you with an in-depth analysis of the specific price range you are targeting to help you achieve your objectives. 

For an introductory video to the town of Hopkinton, please visit our website STAR REALTY Hopkinton. Or for a personal tour of the town, feel free to contact us at 508-275-9155.

 

 

Comments (3)

Anonymous
Gerry 'RealtyMan' Bourgeois

Great post (as usual), Buckley!

Mar 15, 2009 04:53 PM
#1
Anonymous
Kim Adamof

I liked watching your video. Did you use a Mac to produce it? The graphics look good and it's informative.  I've done a market update like that on my blog but never considered a video. Good marketing.

Mar 16, 2009 02:19 AM
#2
Kathleen Buckley
STAR REALTY Hopkinton - Hopkinton, MA

Kim-  I'm just *now* seeing your comment.  I apologize for being so tardy.  I did use my Mac.  I hate to say this but it was so much easier than trying to use Windows Movie Maker.  I got some tips from folks and next time I'll prop up my laptop so the camera is higher and I'll put a lot more lights on.  I only do video because it's easier (more motivating) for me than writing.

-kathleen

 

Apr 03, 2009 09:00 AM