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Hopkinton Market Shows Improvement

Hopkinton YTD Sales 2008 vs 2009

Single family

1/1 - 09/30

MLS statistics

2008

Thru Q3

2009

Thru Q3

Trend

Homes Sold

103

116

+13%

Median Sale $

$557,500

$505,000

- 9%

Avg. Sale $

$567,500

$512,600

-10%

% Sold price

From

List price

final list $ to Sold

97%

97%

Flat

Avg. days on mkt for Solds

136

123

-10%

Local Market Stabilizing !

Looking at the sales chart we can see good news. Homes are selling (up 13%) & faster (avg. 123 days).

While the avg. & median price is down I believe and recent news articles predict the Boston market may have bottomed out. Supply and demand is coming back in balance

Home Sales are up

Homes are selling quicker

Listings are down

Prices are stabilizing

All Very Good Signs!

Questions?- johnsavi2002@yahoo.com or www.Metrowestareahomes.com

Posted Monday Nov 09