Holliston Massachusetts Real Estate Market March 2015
Do you want to explore what has gone on in the Holliston Real Estate market for March 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 looking at the Holliston market report also check out why Holliston Mass is a popular choice with home buyers, including information on town history, schools, demographics and more.
Holliston MA Real Estate Activity For March 2015 vs March 2014
In March of 2015 there were 8 homes that closed within the month for Holliston MA Real Estate. This is a decrease of 7 units, as there were 15 homes that closed in March of 2014.
The average list price for the homes that closed in March 2014 was $496,546
The average list price for the homes that closed in March of 2015 was $463,575
The average sale price for the homes that closed in March of 2014 was $491,067
The average sale price for the homes that closed in March of 2015 was $466,886
The average market time for the homes that closed in March of 2014 was 113 days.
The average market time for the homes that closed in March of 2015 was 178 days.
Homes Under Contract For March 2015
11 homes went under agreement in the month of March. The average list price of the homes that went under agreement was $549,117. The average time on the market for these homes were 73 days. With 11 homes going under contract, Holliston had a decent month for activity..
January 2012 – 2014 Final Year Real Estate Market Statistics For Holliston Massachusetts
For the period of January to December of 2014 there were 161 properties sold.
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 in 2014 the average list price was $505,844 the average sale price was 506,302, the average market time was 78 days.
For the period of January to December in 2013 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 2012 the average list price was $419,527 the average sale price was $407,520 and the average market time was 104 days.
Current March 2015 Home For Sale Inventory Levels
The are currently 29 homes on the market in Holliston MA. The average list price of these homes is $610,843. The average days on the market is 136. Home for sale inventory stayed exactly the same from last month. Inventory levels have been on a downward trend for the past few months. This however should change rather quickly as more homes typically come on the market this time of year.
Holliston MA Real Estate Market Analysis
Current Real Estate Analysis
March was an average month for home sales with only eight transactions. This is reflective of the low inventory of homes for sale we have been dealing with. It is also partially due to the time of years. Sales over the coming months should be increasing by a fairly large margin as more home become available as well as additional buyers entering the market. Holliston did have a much better March last year when their were 15 sales. Homes going under contract were good with 11 going under contract.
I expect the spring market to be very competitive for buyers. Homeowners wishing to sell are going to be in great position with so few homes available for purchase. We are likely to see some homes receiving multiple offers. Potentially selling over asking looks favorable in some cases where inventory is really scarce. If you are considering selling a home in Holliston now it the time to get prepared!
Last years sales vs 2013
Holliston finished 2014 with 161 transactions. In 2013 there were 170 homes that sold in town. Over all the market this past year was not much different than last in terms of sales volume.
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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