Hopkinton MA Real Estate Market Report August 2012

Hopkinton Massachusetts Real Estate Market August 2012

Hopkinton Real Estate Market Report


 

 

 

 

 

Hopkinton MA Real Estate Activity For August 2012 vs August 2012

In August of 2012 there were 25 homes that closed within the month for Hopkinton MA. This is an increase of 9 units, as there were 16 homes that closed August of 2011.

The Average list price for the homes that closed in Hopkinton for August of 2011 was $598,006

The Average list price for the homes that closed in Hopkinton for August of 2012 was $666,592

The Average sale price for the homes that closed in Hopkinton for August of 2011 was $567,744

The Average sale price for the homes that closed in Hopkinton for August of 2012 was $651,368

The Average Market time for the homes that closed in Hopkinton in August of 2011 was 82 days.

The Average Market time for the homes that closed in Hopkinton August of 2012 was 83 days.

Hopkinton MA Homes Under Contract For August 2012

12 homes went under agreement in Hopkinton Massachusetts in the month of August. The average list price of the homes that went under agreement was $467,650. The average time on the market for these homes were 113 days. There were a fair amount of middle of the market properties that went under contract in August. It was certainly an excellent month for homes going under contract. The market has remained strong throughout the Summer.

January 2009 – 2011 Final Year Real Estate Market Statistics For Hopkinton Massachusetts

In Hopkinton MA for the period of January to December of 2011 there were 147 properties sold.

In Hopkinton MA for the period of January to December of 2010 there were 141 properties sold.

In Hopkinton MA for the period of January to December 2009 there were 150 properties sold.

In Hopkinton MA for the period of January to December in 2011 the average list price was $559,057, the average sale price was $559,057, the average market time was 102 days.

In Hopkinton MA for the period of January to December in 2010 the average list price was $558,825, the average sale price was $541,061 and the average market time was 107 days.

In Hopkinton MA for the period of January to December in 2009 the average list price was $528,945, the average sale price was $511,107 and the average time on the market was 114 days.

Current Hopkinton MA Inventory Levels

The are currently 77 homes on the market in Hopkinton MA. The average list price of these Hopkinton homes is $758,260. The average days on the market is 153.

Hopkinton MA Real Estate Market Analysis

In 2011 the Hopkinton Real Estate market remained remarkable similar statistically to the previous two years. Homes priced properly generally moved in a reasonable amount of time. The upper end of the market remained week with market value erosion still present. The lower end of the market (under 500k) remained much stronger with values holding more steady. As we have headed toward the third quarter of 2012 Real Estate values across the board have remained far more stable this year.

Current home inventory levels have continued to drop as we head out of the Summer selling season and head towards fall. There were quite a few closed sales in the month of August which has brought down the Hopkinton home inventory considerably. Lower inventory is always a good sign for those considering to sell their home. August was an exceptional month for closed sales.

So far this year home sales in Hopkinton have been significantly better this year compared to last year at this same time. Through August of 2012 there have been 139 sales! In 2011 through August there were only 95. This is obviously excellent Real Estate news for those considering selling Real Estate in Hopkinton.

The above statistics are for single family homes only and do not include condominiums and multi family properties.

Search Hopkinton MA Homes For Sale here.

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 *