Hopkinton MA Real Estate Market Report May 2012

Hopkinton Massachusetts Real Estate Market May 2012

Hopkinton Real Estate Market Report


 

 

 

 

 

Hopkinton MA Real Estate Activity For May 2012 vs May 2011

In May of 2012 there were 20 homes that closed within the month for Hopkinton MA. This is an increase of 8 units, as there were 12 homes that closed May of 2011.

The Average list price for the homes that closed in Hopkinton for May of 2011 was $498,258

The Average list price for the homes that closed in Hopkinton for May of 2012 was $610,605

The Average sale price for the homes that closed in Hopkinton for May of 2011 was $479,371

The Average sale price for the homes that closed in Hopkinton for May of 2012 was $594,518

The Average Market time for the homes that closed in Hopkinton in May of 2011 was 149 days.

The Average Market time for the homes that closed in Hopkinton May of 2012 was 134 days.

Hopkinton MA Homes Under Contract For May 2012

9 homes went under agreement in Hopkinton Massachusetts in the month of May. The average list price of the homes that went under agreement was $534,556. The average time on the market for these Hopkinton homes were 33 days.

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 112 homes on the market in Hopkinton MA. The average list price of these Hopkinton homes is $656,458. The average days on the market is 140.

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 started to rise as they typically do in the Spring market selling season. Lower inventory is always a good sign for those considering to sell their home.

May was an outstanding month for Hopkinton Massachusetts home sales as well as properties going under agreement!

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