Hopkinton MA Real Estate & Homes - Market Report July 2007

Hopkinton MA market report for July 2007.

In July of 2007 there were 23 homes that closed within the month for Hopkinton MA. This is an increase of one unit as there were 22 homes that closed in July of 2006.

The Average list price for the homes that closed in Hopkinton for July of 2007 was $707,616.

The Average list price for the homes that closed in Hopkinton for July of 2006 was $785,350.

The Average sale price for the homes that closed in Hopkinton for July of 2007 was $681,730.

The Average sale price for the homes that closed in Hopkinton for July of 2006 was $763,164

The Average Market time for the homes that closed in Hopkinton in July of 2007 was 91.04 days.

The Average Market time for the homes that closed in Hopkinton July of 2006 was 102.64 days.

Ten homes went under agreement in Hopkinton MA in the month of July. The average list price of the homes that went under agreement was $712,920. The average time on the market for these Hopkinton homes were 119 days.

January - July Market Statistics for Hopkinton MA

In Hopkinton MA for the period of January to July of 2007 there were 111 properties sold.

In Hopkinton MA for the period of January to July 2006 there were 108 properties sold.

In Hopkinton MA for the period of January to July in 2007 the average list price was $660,300, the average sale price was $637,414, and the average market time was 137.48 days.

In Hopkinton MA for the period of January to July in 2006 the average list price was $679,202, the average sale price was $656,640, and the average time on the market was 113.87 days.

** The above statistics are for single family homes only and do not include condo's or Multi-family homes in Hopkinton MA.

In comparing year over year longer term data for Hopkinton MA, it appears that there is still a downward trend in the average sale price for homes, as well as an increase in the days on the market for the same period in Hopkinton MA.

These statistics are similar to many of the towns in Metrowest MA and represent the on going weakness in the market as compared to previous years. What must be stressed, however, is that these home figures still represent a healthy amount of sales.

Selling a home in Hopkinton MA or other Metrowest town is heavily dependant on pricing your home properly and picking an agent that will create an "online market presence" for your home. As a home seller, you need to be aware that the market in Hopkinton and many other Metrowest communities has changed over the last two and a half years. We are no longer in a seller's market. Interested in learning more about real estate and homes in Hopkinton MA? Click here to see articles and market reports regarding Hopkinton MA Real Estate. When selling a home in Hopkinton MA, it pays to have a pro in your corner representing you. Here are some excellent questions to ask when interviewing your agent, that will help you determine if you are hiring a top producer or not!

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The above information was provided by Bill Gassett, the team leader for the #2 RE/MAX Team in Massachusetts in 2006. Bill can be reached via email at billgassett@remaxexec.com or by phone at 508-435-5356. Bill has helped people move in and out of Hopkinton MA and other Metrowest towns for the last 21+ Years. Bill's office is conveniently located in the center of Hopkinton MA at 77 Main Street. I have a passion for Real Estate and love to share my marketing expertise! I would welcome the opportunity to earn your business.

For Massachusetts and Hopkinton MA Real Estate and homes see my Sell my Home in Metrowest MA. Want to have MLS access to beat other buyers to your dream home? Sign up with no obligation at my MLS Property Finder Site.

I service the following towns in Metrowest MA: Hopkinton, Milford, Upton, Southboro, Westboro, Ashland, Holliston, Mendon, Hopedale, Medway, Grafton, Northbridge, Uxbridge, and Framingham MA.

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