Holliston Massachusetts Real Estate Market November 2012
Holliston MA Real Estate Activity For November 2012 vs November 2011
In November of 2012 there were 14 homes that closed within the month for Holliston MA. This is an increase of 10 units, as there were 4 homes that closed in November of 2011.
The Average list price for the homes that closed in Holliston for November of 2011 was $407,175
The Average list price for the homes that closed in Holliston for November of 2012 was $405,471
The Average sale price for the homes that closed in Holliston for November of 2011 was $387,183
The Average sale price for the homes that closed in Holliston for November of 2012 was $401,786
The Average Market time for the homes that closed in Holliston for November of 2011 was 281 days.
The Average Market time for the homes that closed in Holliston for November of 2012 was 71 days.
Holliston MA Homes Under Contract For November 2012
7 homes went under agreement in Holliston Massachusetts in the month of November. The average list price of the homes that went under agreement was $401,986. The average time on the market for these homes were 56 days. November was a decent 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 2011 there were 124 properties sold.
In Holliston MA for the period of January to December of 2010 there were 110 properties sold.
In Holliston MA for the period of January to December 2009 there were 123 properties sold.
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, the average market time was 134 days.
In Holliston MA for the period of January to December in 2010 the average list price was $433,244the average sale price was $423,339 and the average market time was 90 days.
In Holliston MA for the period of January to December in 2009 the average list price was $407,299 the average sale price was $390,555 and the average time on the market was 124 days.
Current Holliston MA Inventory Levels
The are currently 37 homes on the market in Holliston MA. The average list price of these homes is 469,404. The average days on the market is 177. Inventory is at the lowest level it has been all year. It is unheard of to have so few homes on the market!
Holliston MA Real Estate Market Analysis
In 2011 the Holliston Real Estate market had an increase in the amount of homes sold as compared to 2010. Homes priced properly generally moved in a reasonable amount of time. There were a few more upper end sales in Holliston this past year which brought up the average sales price of the homes sold. As to be expected the days on market increased due to these upper end sales which tend to stay on the market longer. 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 as we have worked our way out of the Fall selling season and into the Winter market. Lower home inventory is always a good sign for those considering to sell their home. Through the third quarter of the year, sales have been excellent for local Real Estate with the market being significantly busier than it has been in previous years. November was an average month for homes going under contract with seven!
Home sales had been lagging some of the other surrounding communities through out most of the year but have come like gang busters recently. Real Estate closings through November of 2012 are now better than what they were last year. Through November of 2012 there have been 142 sales in Holliston. In 2011 there were 119 sales at this same point in time. Over the last few months sales have been very strong! 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.
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About Bill Gassett
Looks like November was a really good month for home sales in Holliston Mass. Congratulations!
Thanks Rich! You are correct the Holliston Real Estate market has been doing very well.