Holliston Massachusetts Real Estate Market June 2013
See what has gone on in the Holliston Real Estate market for the past month 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 Activity For June 2013 vs June 2012
In June of 2012 there were 15 homes that closed within the month for Holliston MA Real Estate. This is a decrease of 8 units, as there were 23 homes that closed in June of 2012.
The Average list price for the homes that closed in June 2012 was $452,817
The Average list price for the homes that closed in June of 2013 was $412,133
The Average sale price for the homes that closed in June of 2012 was $440,443
The Average sale price for the homes that closed in June of 2013 was $415,722
The Average Market time for the homes that closed in June of 2012 was 93 days.
The Average Market time for the homes that closed in June of 2013 was 21 days.
Homes Under Contract For June 2013
26 homes went under agreement in the month of June. The average list price of the homes that went under agreement was $436,273. The average time on the market for these homes were 29 days. June was an excellent month for Holliston Real Estate with homes selling as quickly as they hit the market!
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 June 2013 Home For Sale Inventory Levels
The are currently 43 homes on the market in Holliston MA. The average list price of these homes is $480,167. The average days on the market is 15. Home inventory has continued to remain extremely low and dropped again from last months levels. It is very unusual to have so few homes on the market coming out of the Spring market! The lack of homes for sale is what has driven home values higher along with record low 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.
Current home inventory levels have remained shockingly low for this time of year. Inventory throughout the latter half of last year into the first half of this year has been incredibly low. Heading into June inventory dropped even further from the already low levels they have been hovering at. There are now the lowest amount of homes for sale in Holliston that I can ever remember!
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. In fact there are some price points where we are seeing multiple bids and homes selling for over asking prices. Folks the Holliston market has been crazy busy!
June was an excellent month for homes going under contract with twenty six! The Holliston real estate market is running similar to last year however,the scarcity in housing could effect the number of home sales for 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.
Year to date there have been 55 sales so far this year. Last year at this same point in time there were 62 sales.
The above Holliston Real Estate statistics are for single family homes ONLY and do not include condominiums or multi family homes.
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