Hopkinton MA Real Estate Market Report September 2015

Hopkinton Massachusetts Real Estate Market September 2015

Do you want to see what has happened in the Hopkinton Real Estate market for the month of September 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 my real estate agents guide to Hopkinton MA, where you will see why the town is a popular choice of many home buyers relocating into the Metrowest area!

Hopkinton MA Real Estate

 

 

 

 

 

 

Real Estate Activity For September 2015 vs September 2014

In September of 2015 there were 20 homes that closed within the month for Hopkinton MA Real Estate. This is a decrease of 2 units, as there were 20 homes that closed September of 2014.

The average list price for the homes that closed for September of 2014 was $571,696

The average list price for the homes that closed for September of 2015 was $596,742

The average sale price for the homes that closed for September of 2014 was $564,499

The average sale price for the homes that closed for September of 2015 was $591,723

The average market time for the homes that closed for September of 2014 was 63 days.

The average market time for the homes that closed for September of 2015 was 87 days.

Homes Under Contract For September 2015

8 homes went under agreement in Hopkinton Massachusetts in the month of September. The average list price of the homes that went under agreement was $648,462. The average time on the market for these homes were 80 days. The number of homes going under contract for September was below average.

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 September Homes For Sale Inventory Levels

The are currently 81 homes on the market which is 8 more homes from last month when there were 73 homes for sale. The average list price of these homes is $764,977. The average days on the market is 166. Inventory has been bouncing around for the last few months between the low 70’s and low 80’s.

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. Other than the beginning of the first quarter sales have been solid. Appreciation however has not been dramatic. Market values are up very little over last year.

We have now entered a period of time where sales will generally follow a slower pace that the Spring and early summer markets. The amount of transactions so far this year is just about the same as last. As of this moment there have been three more sales this year.

September was a decent month with 20 sales. It was down slightly from last September when there were twenty sales. Pending sales however were disappointing with only 8 homes going under contract.

Inventory of homes for sale has been trending sideways the last few months with inventory of homes for sale ranging from the low 70’s to low 80’s. Supply and demand have been in balance.

2015 Sales Data to Date

So far in 2015 through September there have been 162 sales. At this same point in time last year there were 161 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.

Related Articles

See what took place in the Hopkinton real estate market for August 2015.

Have a look at Real Estate transactions in Hopkinton for the previous month.

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