Holliston Massachusetts Real Estate Market November 2013
Want to see what has gone on in the Holliston Real Estate market for November along with year over year comparisons? Take a look below for complete details on the market. Learn why buying realty in Holliston is a popular choice including information on town history, schools, demographics and more.
Holliston MA Real Estate Activity For November 2013 vs November 2012
In November of 2012 there were 11 homes that closed within the month for Holliston MA Real Estate. This is a decrease of 6 units, as there were 17 homes that closed in November of 2012.
The Average list price for the homes that closed in November 2012 was $408,018
The Average list price for the homes that closed in November of 2013 was $421,081
The Average sale price for the homes that closed in November of 2012 was $400,244
The Average sale price for the homes that closed in November of 2013 was $409,362
The Average Market time for the homes that closed in November of 2012 was 88 days.
The Average Market time for the homes that closed in November of 2013 was 59 days.
Homes Under Contract For November 2013
11 homes went under agreement in the month of November. The average list price of the homes that went under agreement was $512,496. The average time on the market for these homes were 54 days. November was an good month for Holliston Real Estate with eleven homes going under agreement. This is a decent amount of homes going under contract for this time of year.
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 October 2013 Home For Sale Inventory Levels
The are currently 34 homes on the market in Holliston MA. The average list price of these homes is $543,499. The average days on the market is 116. Home inventory has continued to drop and is now at the lows for the entire year. It is very unusual to have so few homes on the market. While this has been the trend through out the year, the amount of homes for sale at the moment is just shocking. The lack of homes for sale is what has driven home values higher along with very attractive 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.
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.
Inventory throughout the latter half of last year and throughout this year has been amazingly low. Heading into December inventory for sale dropped by eleven homes. Essentially there are very few homes entering the market but sales have remained brisk for this time of year. There are now under 40 homes for sale in town which is simply incredible. Throughout much of the year there has been a shortage of housing for sale in Holliston but this is just ridiculous!
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 if they are priced properly. There have been a number of occasions where home sellers have received multiple bids when the property falls into a price point with good demand and low inventory. There is no question the Holliston market has been super strong throughout the year.
November was a pretty decent month for homes going under contract with eleven. The Holliston real estate market is doing a little better this year in terms of the number of homes sold. November was an decent month for closed sales as well with eleven.
Year to date there have been 152 sales. Last year at this same point in time there were 135 sales. Holliston has remained on slightly better pace than last year for home 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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