Holliston MA Real Estate Market Report March 2013

Holliston Massachusetts Real Estate Market March 2013

Holliston MA Real Estate

 

 

 

 

 

 

 

Holliston MA Real Estate Activity For March 2013 vs March 2012

In March of 2012 there were 7 homes that closed within the month for Holliston MA Real Estate. This is the same amount of units, as there were 7 homes that closed in March of 2012.

The Average list price for the homes that closed in March 2012 was $457,756

The Average list price for the homes that closed in March of 2013 was $456,599

The Average sale price for the homes that closed in March of 2012 was $442,143

The Average sale price for the homes that closed in March of 2013 was $449,240

The Average Market time for the homes that closed in March of 2012 was 166 days.

The Average Market time for the homes that closed in March of 2013 was 75 days.

Homes Under Contract For March 2013

12 homes went under agreement in the month of March. The average list price of the homes that went under agreement was $444,825. The average time on the market for these homes were 37 days. March was a pretty good month for Holliston Real Estate!

January 2010 – 2012 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 March 2013 Home For Sale Inventory Levels

The are currently 45 homes on the market in Holliston MA. The average list price of these homes is $441,156. The average days on the market is 149.  Home inventory has continued to remain extremely low. It is unheard of to have so few homes on the market at this point in the season!

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 uncharacteristically low for this time of year. Inventory throughout the latter half of last year into the first part of this year has shockingly low. Heading into March inventory did creep up slightly but still well below normal levels. 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 listed. In fact there are some price points where we are seeing multiple bids and homes selling for over asking prices. Folks the market has been crazy!

March was a good month for homes going under contract with twelve. Sales from this point will begin to ramp up as we move into the Spring selling season.

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.

Year to date there have been 17 sales so far this year. Last year at this same point in time there were 22 sales.

To learn more about Holliston Massachusetts see the Holliston community guide.

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.

Enjoy This Real Estate Article?
"Subscribe To My Blog - It's FREE and No Spam EVER!"
Get my blog articles in your inbox as soon as they are published!

Leave a Reply

Your email address will not be published. Required fields are marked *