Holliston MA Real Estate Market Report January 2013

Holliston Massachusetts Real Estate Market January 2013

Holliston MA Real Estate

 

 

 

 

 

 

 

Holliston MA Real Estate Activity For January 2013 vs January 2012

In January of 2012 there were 5 homes that closed within the month for Holliston MA. This is an decrease of 1 unit, as there were 5 homes that closed in January of 2012.

The Average list price for the homes that closed in January 2012 was $500,017

The Average list price for the homes that closed in January of 2013 was $326,920

The Average sale price for the homes that closed in January of 2012 was $475,750

The Average sale price for the homes that closed in January of 2013 was $306,600

The Average Market time for the homes that closed in January of 2012 was 136 days.

The Average Market time for the homes that closed in January of 2013 was 141 days.

Holliston MA Homes Under Contract For January 2013

4 homes went under agreement in the month of January. The average list price of the homes that went under agreement was $280,950. The average time on the market for these homes were 95 days. January was a slow month for Holliston Real Estate!

January 2009 – 2011 Final Year Real Estate Market Statistics For Holliston Massachusetts

In Holliston MA for the period of January to December of 2012 there were 155 properties sold.

In Holliston MA for the period of January to December of 2011 there were 124 properties sold.

In Holliston MA for the period of January to December 2010 there were 110 properties sold.

In Holliston MA 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.

In Holliston MA 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.

In Holliston MA 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 January 2013 Holliston MA Inventory Levels

The are currently 32 homes on the market in Holliston MA. The average list price of these homes is 526,791. The average days on the market is 164. I can not remember the last time home inventory was this low. It is unheard of to have so few homes on the market!

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.

Current home inventory levels have remained extremely low. They finished 2012 being low and have remained this way so far in 2013.  Lower home inventory is always a good sign for those considering to sell their home.  The fourth quarter of last year was excellent for local Real Estate. The Fall and Winter activity was much better that it has been in previous years. January was a slow month for homes going under contract with four. This is partially due to the fact that home inventory is so low combined with a slower time of the year.

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. All indications look like we could be approaching a market bottom.

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 MA Homes For Sale.

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