Holliston Massachusetts Real Estate Market October 2013
See what has gone on in the Holliston Real Estate market for October along with year over year comparisons. 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 October 2013 vs October 2012
In October of 2012 there were 12 homes that closed within the month for Holliston MA Real Estate. This is a decrease of 9 units, as there were 21 homes that closed in October of 2012.
The Average list price for the homes that closed in October 2012 was $471,510
The Average list price for the homes that closed in October of 2013 was $455,166
The Average sale price for the homes that closed in October of 2012 was $462,438
The Average sale price for the homes that closed in October of 2013 was $457,417
The Average Market time for the homes that closed in October of 2012 was 98 days.
The Average Market time for the homes that closed in October of 2013 was 104 days.
Homes Under Contract For October 2013
17 homes went under agreement in the month of October. The average list price of the homes that went under agreement was $511,417. The average time on the market for these homes were 35 days. October was an excellent month for Holliston Real Estate with seventeen homes going under contract. More than likely the number of homes going under contract would have could have been even better if inventory was not so low.
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 43 homes on the market in Holliston MA. The average list price of these homes is $510,983. The average days on the market is 86. Home inventory has continued to remain extremely low and the amount of homes for sale dropped even further from last month. It is very unusual to have so few homes on the market as we head into the end of Fall! 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 into the first half of this year has been incredibly low. Heading into November inventory for sale decreased by a few homes. There are still under 50 homes for sale in town which is just amazing. Throughout much of the year there has been a shortage of housing for sale in Holliston!
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. In fact there are some price points throughout the year where it was not uncommon to see multiple bids and homes selling for over asking prices. There is no question the Holliston market has been super strong throughout the year.
October was a very good month for homes going under contract with seventeen. The Holliston real estate market is doing a little better this year in terms of the number of homes sold. October was an average month for closed sales with twelve.
Year to date there have been 138 sales. Last year at this same point in time there were 128 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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