Holliston Massachusetts Real Estate Market May 2015
Do you want to explore what has gone on in the Holliston Real Estate market for May along with year over year comparisons? Take a look below for complete details on the how the Holliston Real Estate market performed last month. While you are looking at the Holliston market report also check out why Holliston Mass is a popular choice with home buyers, including information on town history, schools, demographics and more.
Holliston MA Real Estate Activity For May 2015 vs May 2014
In May of 2015 there were 11 homes that closed within the month for Holliston MA Real Estate. This is a decrease of 1 unit, as there were 12 homes that closed in May of 2014.
The average list price for the homes that closed in May 2014 was $473,573
The average list price for the homes that closed in May of 2015 was $465,627
The average sale price for the homes that closed in May of 2014 was $466,383
The average sale price for the homes that closed in May of 2015 was $459,673
The average market time for the homes that closed in May of 2014 was 65 days.
The average market time for the homes that closed in May of 2015 was 87 days.
Homes Under Contract For May 2015
25 homes went under agreement in the month of May. The average list price of the homes that went under agreement was $568,452. The average time on the market for these homes were 27 days. With 25 homes going under contract, Holliston had an exceptional month for activity.
January 2012 – 2014 Final Year Real Estate Market Statistics For Holliston Massachusetts
For the period of January to December of 2014 there were 161 properties sold.
For the period of January to December of 2013 there were 170 properties sold.
For the period of January to December of 2012 there were 155 properties sold.
For the period of January to December in 2014 the average list price was $505,844 the average sale price was 506,302, the average market time was 78 days.
For the period of January to December in 2013 the average list price was $456,848 the average sale price was 457,676, the average market time was 65 days.
For the period of January to December in 2012 the average list price was $419,527 the average sale price was $407,520 and the average market time was 104 days.
Current May 2015 Home For Sale Inventory Levels
The are currently 38 homes on the market in Holliston MA. The average list price of these homes is $588,004. The average days on the market is 99. Home for sale inventory decreased from last month with four less properties available for purchase. Inventory levels had been on a downward trend for the first few months of the year but bounced up a bit last month. Sales have been keeping pace with homes entering the market.
Holliston MA Real Estate Market Analysis
Current Real Estate Analysis
May was a fair month for home sales with eleven transactions. The real estate market is now playing catch up as the first few months of the year started very slowly due to the dismal winter we experienced. Sales now have picked up dramatically but inventory still remains low keeping our sales figures lower than expected. With inventory remaining on the low side, homeowners are in prime position when selling. Buyers need to move quickly especially in price points where there is very low inventory.
The market in Holliston was very similar this May to last year. In fact there was one less sale – 11 vs 12. Homes going under contract were exceptional with 25.
The market remains very competitive for buyers. At the moment inventory is coming and going very quickly. In some pockets of the market there will be multiple offers and homes selling at, near, or over asking prices.
Year to date there have been 45 sales. This is down from last year when there were 55 sales through the same time period.
Last years sales vs 2013
Holliston finished 2014 with 161 transactions. In 2013 there were 170 homes that sold in town. Over all the market this past year was not much different than last in terms of sales volume.
The above Holliston Real Estate statistics are for single family homes ONLY and do not include condominiums or multi family homes.
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