Hopkinton MA Real Estate Market Report June 2012

Hopkinton Massachusetts Real Estate Market June 2012

Hopkinton Real Estate Market Report


 

 

 

 

 

Hopkinton MA Real Estate Activity For June 2012 vs June 2012

In June of 2012 there were 28 homes that closed within the month for Hopkinton Mass. This is an increase of 8 units, as there were 20 homes that closed June of 2011.

The Average list price for the homes that closed in Hopkinton for June of 2011 was $619,850

The Average list price for the homes that closed in Hopkinton for June of 2012 was $515,332

The Average sale price for the homes that closed in Hopkinton for June of 2011 was $607,635

The Average sale price for the homes that closed in Hopkinton for June of 2012 was $503,650

The Average Market time for the homes that closed in Hopkinton in June of 2011 was 68 days.

The Average Market time for the homes that closed in Hopkinton June of 2012 was 59 days.

Hopkinton MA Homes Under Contract For June 2012

21 homes went under agreement in Hopkinton Massachusetts in the month of June. The average list price of the homes that went under agreement was $607,814. The average time on the market for these Hopkinton homes were 94 days. There were quite a few upper end properties that went under contract in June.

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 95 homes on the market in Hopkinton MA. The average list price of these Hopkinton homes is $673,865. The average days on the market is 138.

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.

Current home inventory levels have remained fairly consistent coming out of the Spring market selling season. Lower inventory is always a good sign for those considering to sell their home. So far this year home sales in Hopkinton have been much better compared to last year at this same time. Through June of 2012 there have been 86 sales in Hopkinton! In 2011 through June there were only 55.

June was an incredible month for Hopkinton Massachusetts home sales, as well as properties going under agreement!

**The above Hopkinton Real Estate statistics are for single family homes ONLY and do not include condominiums or multi family homes.

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