Hopkinton MA Real Estate Market Report September 2012

Hopkinton Massachusetts Real Estate Market September 2012

Hopkinton Real Estate Market Report


 

 

 

 

 

Hopkinton MA Real Estate Activity For September 2012 vs September 2012

In September of 2012 there were 19 homes that closed within the month for Hopkinton MA. This is an increase of 7 units, as there were 12 homes that closed September of 2011.

The Average list price for the homes that closed in Hopkinton for September of 2011 was $584,258

The Average list price for the homes that closed in Hopkinton for September of 2012 was $588,563

The Average sale price for the homes that closed in Hopkinton for September of 2011 was $564,825

The Average sale price for the homes that closed in Hopkinton for September of 2012 was $576,883

The Average Market time for the homes that closed in Hopkinton in September of 2011 was 83 days.

The Average Market time for the homes that closed in Hopkinton September of 2012 was 119 days.

Hopkinton MA Homes Under Contract For September 2012

13 homes went under agreement in Hopkinton Massachusetts in the month of September. The average list price of the homes that went under agreement was $546,269. The average time on the market for these homes were 102 days. There were a fair amount of middle of the market properties that went under contract in September. It was certainly a fantastic month for homes going under contract. The market has remained strong as we head into the Fall.

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 71 homes on the market in Hopkinton MA. The average list price of these homes is $749,071. The average days on the market is 168.

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 fourth quarter of 2012 Real Estate values across the board have remained far more stable this year.

Current home inventory levels have remained moderately low as we head into the fall selling season. Closed sales in the month of September were very strong which has continued to keep the home inventory on the low end. Lower inventory is always a good sign for those considering to sell their home. September was an exceptional month for closed sales.

So far this year home sales in Hopkinton have been significantly better compared to last year at this same time. Through September of 2012 there have been 159 sales! In 2011 through September there were only 107. This is obviously excellent Real Estate news for those considering selling Real Estate in Hopkinton. By year end I am sure you are going to see that there was no comparison between this year and last for Real Estate sales.

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.

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