Holland MA Real Estate: 3rd Quarter Market Report 2009

Holland MA Real Estate: 3rd Quarter Market Report 2009

War Memorial and Holland Elementary School

This report focuses on real estate activity in the town of Holland, MA, in the time period of July 1, 2009, to September 30, 2009.

During this quarter, ten single family homes sold.

The average sales price of these ten homes was $186,100.

The average time on the market was 262 days - almost a year! For a lake community, this is surprising. Usually summer is a fairly busy real estate season for towns like Holland that center on lake style living.

Let's take a look at the same time frame in 2008:

10 homes sold

Average price $192,215

Time on market 137 days

And 2007:

13 homes

Average $243,031

Time on market only 92 days

The trend is easy to see: Low number of homes sold, average price decreasing, and time on market increasing. For those who are trying to sell their homes in Holland, MA, these numbers can not be ignored. For buyers, this is another sign that it is still a great time to purchase a home.

If you would like additional information on the Holland real estate market, please do contact me.

Don't miss my listing at 29 Old Acres Road in Holland. Waterview with private beach rights - move-in condition - open floor plan - perfectly priced at $189,000.

Yours in real estate,