Holliston MA Real Estate Market Report June 2014

Holliston Massachusetts Real Estate Market June 2014

Do you want to explore what has gone on in the Holliston Real Estate market for June along with year over year comparisons? Take a look below for complete details on the how the Holliston Real Estate market performed last month. While you are here see what’s to love about Holliston Real Estate, where you will learn why Holliston is a popular choice with home buyers, including information on town history, schools, demographics and more.

Holliston MA Real Estate

 

 

 

 

 

 

Holliston MA Real Estate Activity For June 2014 vs June 2013

In June of 2014 there were 20 homes that closed within the month for Holliston MA Real Estate. This is the same amount of units, as there were 20 homes that closed in June of 2013.

The average list price for the homes that closed in June 2013 was $451,980

The average list price for the homes that closed in June of 2014 was $512,365

The average sale price for the homes that closed in June of 2013 was $548,430

The average sale price for the homes that closed in June of 2014 was $511,268

The average market time for the homes that closed in June of 2013 was 29 days.

The average market time for the homes that closed in June of 2014 was 131 days.

Homes Under Contract For June 2014

29 homes went under agreement in the month of June. The average list price of the homes that went under agreement was $604,515. The average time on the market for these homes were 59 days. With 29 homes going under contract Holliston had a phenomenal month for activity.

January 2011 – 2013 Final Year Real Estate Market Statistics For Holliston Massachusetts

For the period of January to December of 2013 there were 170 properties sold.

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

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

For the period of January to December in 2012 the average list price was $456,848 the average sale price was 457,676, the average market time was 65 days.

For the period of January to December in 2011 the average list price was $419,527 the average sale price was $407,520 and 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 time on the market was 134 days.

Current June 2014 Home For Sale Inventory Levels

The are currently 44 homes on the market in Holliston MA. The average list price of these homes is $571,298. The average days on the market is 80. Home for sale inventory increased last month with an additional seven homes entering the market. Inventory levels still remain extremely low even though we have exited the time of year where more properties become available for sale.

 

Holliston MA Real Estate Market Analysis

2013 Real Estate Analysis

In 2013 the Holliston Real Estate market was much different than in previous years. The market in fact turned from what would be considered one of the worst periods of time in our real estate history to an improved market that treated home sellers much differently than in years past.

The turnaround was due to a number of factors including the fact that inventory levels had dropped substantially as we headed into the early stages of February. With pent up buyer demand and record low interest rates the market was primed to move upwards. This is in fact what happened. Homes throughout the Spring of last year were selling very quickly! Often times there were multiple bids within the first week a home was put on the market. It was not unusual to see some homes selling over the asking price.

The market did settle down as we moved to the latter half of the year. We saw more normal sales times and did not have nearly as many multiple bid situations.

Inventory throughout the latter half of last year was incredibly low. Heading into February inventory for sale dropped by four homes. Not many home owners have put their home on the market which is consistent with what happens during the holiday months

Lower home inventory is always a good sign for those considering to sell their home. While nobody has a crystal ball the Holliston market is shaping up to be similar this Spring as it was to last when competition was fierce for homes entering the market. I imagine seeing a similar trend as last Spring when there were very few homes for sale but excellent demand.

The Holliston real estate market ended this year better than last year in terms of the number of homes sold.

For 2013 there were 170 sales while in 2012 there were 155.

Current Real Estate Analysis

June was a very similar month to last June with the same amount of transaction. Pending sales however were extremely strong with 29 properties going under contract! This is one of the best individual months Holliston has had in quite a while. Some of the additional sales are dues to strong new construction activity in the upper end of the market. The new construction has in fact allowed the town to buck the trend of sales being down compared to last year in a few of the surrounding towns.

Inventory of available homes for sale remains very low. So if you see something you like make sure you jump on it or someone else will! If you are considering selling your home with have come out of the best selling season but sales should remain strong throughout the Summer months.

Holliston had an great month in June for sales with twenty. This was the same amount of sales as last June.

Year to date sales vs last year

So far this year there have been 75 closed transactions. Last year at this time there were only 60.

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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