Hopkinton Massachusetts Real Estate Market July 2015
Do you want to see what has happened in the Hopkinton Real Estate market for the month of July along with year over year comparisons? Below you will see a comprehensive overview of the market in town for the past month, as well as year over year results. While you are checking out the Hopkinton Real Estate report have a look at why Hopkinton Mass is a popular choice of many home buyers relocating into the Metrowest area!
Real Estate Activity For July 2015 vs July 2014
In July of 2015 there were 32 homes that closed within the month for Hopkinton MA Real Estate. This is an increase of 4 units, as there were 28 homes that closed July of 2014.
The average list price for the homes that closed for July of 2014 was $655,282
The average list price for the homes that closed for July of 2015 was $693,240
The average sale price for the homes that closed for July of 2014 was $641,846
The average sale price for the homes that closed for July of 2015 was $687,867
The average market time for the homes that closed for July of 2014 was 70 days.
The average market time for the homes that closed for July of 2015 was 57 days.
Homes Under Contract For July 2015
21 homes went under agreement in Hopkinton Massachusetts in the month of July. The average list price of the homes that went under agreement was $664,853. The average time on the market for these homes were 71 days. The number of homes going under contract for July was very good.
January 2012 – 2014 Final Year Real Estate Market Statistics For Hopkinton MA
For the period of January to December 2014 there were 207 properties sold.
For the period of January to December of 2013 there were 185 properties sold.
For the period of January to December of 2012 there were 203 properties sold.
For the period of January to December in 2014 the average list price was $608,243, the average sale price was $596,163, the average market time was 77 days.
For the period of January to December in 2013 the average list price was $571,477, the average sale price was $562,153, the average market time was 78 days.
For the period of January to December in 2012 the average list price was $574,394, the average sale price was $559,617 and the average market time was 104 days.
Current June Homes For Sale Inventory Levels
The are currently 79 homes on the market which is 6 less homes from last month when there were 85 homes for sale. The average list price of these homes is $761,032. The average days on the market is 150. Inventory had been increased but has now dropped slightly in consecutive months.
Hopkinton MA Real Estate Market Analysis
Real Estate analysis so far in 2015
The real estate market in Hopkinton started the year slow as did many other towns but has been performing well since. The Spring market was excellent. We have entered a period of the market where sales are generally a little bit less frenzied than the springtime. The market will remain steady over the next few months. Right now year to date sales are very similar to what they were last year at this time.
July was an exceptional month with 32 sales. It was up from last July when there were twenty eight sales. Pending sales were good with 21 properties going under contract.
Inventory of homes for sale was trending upward but has now gone down slightly over the last couple months. Supply and demand are in a good place right now.
2015 Sales Data to Date
So far in 2015 through June there have been 107 sales. At this same point in time last year there were 113 sales.
Hopkinton ended 2014 with 207 single family homes being sold. In 2013 there were 185 so Hopkinton had an exceptional year for real estate sales.
The above statistics are for single family homes only and do not include condominiums and multi family properties.
Search Hopkinton Homes For Sale here.
See what took place in the Hopkinton real estate market for June 2015.
Have a look at Real Estate transactions in Hopkinton for the previous month.