Holliston MA Real Estate Market Report August 2013

Holliston Massachusetts Real Estate Market August 2013

See what has gone on in the Holliston Real Estate market for August along with year over year comparisons. Learn why buying real estate in Holliston is a popular choice including information on town history, schools, demographics and more.

Holliston MA Real Estate

 

 

 

 

 

 

 

Holliston MA Real Estate Activity For August 2013 vs August 2012

In August of 2012 there were 25 homes that closed within the month for Holliston MA Real Estate. This is an increase of 5 units, as there were 20 homes that closed in August of 2012.

The Average list price for the homes that closed in August 2012 was $430,240

The Average list price for the homes that closed in August of 2013 was $483,567

The Average sale price for the homes that closed in August of 2012 was $422,093

The Average sale price for the homes that closed in August of 2013 was $485,031

The Average Market time for the homes that closed in August of 2012 was 97 days.

The Average Market time for the homes that closed in August of 2013 was 87 days.

Homes Under Contract For August 2013

15 homes went under agreement in the month of August. The average list price of the homes that went under agreement was $541,946. The average time on the market for these homes were 38 days. August was an good month for Holliston Real Estate with the number of homes going under contract being a healthy amount. It certainly shows the strength in the market as inventory remains low and there are not a lot of homes to choose from.

January 2010 – 2012 Final Year Real Estate Market Statistics For Holliston Massachusetts

For the period of January to December of 2012 there were 155 properties sold.

For the period of January to December of 2011 there were 124 properties sold.

For the period of January to December 2010 there were 110 properties sold.

For the period of January to December in 2012 the average list price was $419,527 the average sale price was 407,520, the average market time was 104 days.

For the period of January to December in 2011 the average list price was $452,025 the average sale price was $435,680 and the average market time was 134 days.

For the period of January to December in 2010 the average list price was $433,244 the average sale price was $423,339 and the average time on the market was 90 days.

Current August 2013 Home For Sale Inventory Levels

The are currently 39 homes on the market in Holliston MA. The average list price of these homes is $468,912. The average days on the market is 179. Home inventory has continued to remain extremely low and remained exactly the same as last months levels. It is very unusual to have so few homes on the market as we head into the fall! The lack of homes for sale is what has driven home values higher along with very attractive  interest rates.

Holliston MA Real Estate Market Analysis

In 2012 the Holliston Real Estate market had an increase in the amount of homes sold over 2011 by a healthy amount. Homes priced properly generally moved in a 60-90 day window. Although the average sale price was down quite a bit over 20111 this was more of a function of there being fewer upper end sales and not a general drop in real estate values. The lack of as many upper end sales also correlated with the average days on market being down as upper end properties typically take longer to sell. The lower end of the market (under 400k) remained strong with values holding steady. There was still some price erosion in the upper end of the Holliston market.

Inventory throughout the latter half of last year into the first half of this year has been incredibly low. Heading into September inventory remained at the same level it had been at last month with 39 homes for sale. It is just amazing that there are under 40 homes for sale. I can not remember a time when there have been fewer for sale in Holliston!

Lower home inventory is always a good sign for those considering to sell their home. Homes at the present time are getting scooped up as quickly as they are put up for sale if they are priced properly. In fact there are some price points where we are seeing multiple bids and homes selling for over asking prices. There is no question the Holliston market has been crazy busy!

August was a very good month for homes going under contract with fifteen The Holliston real estate market is doing a little better this year in terms of the number of homes sold. This however could change as the scarcity of homes for sale could effect the number of closed sales for the year. August was also an exceptional month for closed sales with twenty five.

For 2012 there were a total of 155 sales in Holliston. In 2011 there were 124 sales for the year. The fourth quarter really was terrific and allowed the total sales to jump by around 15% for the year.

Year to date there have been 112 sales so far this year. Last year at this same point in time there were 95 sales.

The above Holliston Real Estate statistics are for single family homes ONLY and do not include condominiums or multi family homes.

Click the link to search all Holliston Massachusetts Homes For Sale.

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