Hopkinton Massachusetts Real Estate Market Report October 2011

In October of 2011 there were 9 homes that closed within the month for Hopkinton Massachusetts. This is a decrease of 5 units, as there were 14 homes that closed in October of 2010.
The Average list price for the homes that closed in Hopkinton for October of 2010 was $550,800
The Average list price for the homes that closed in Hopkinton for October of 2011 was $553,080
The Average sale price for the homes that closed in Hopkinton for October of 2010 was $528,118
The Average sale price for the homes that closed in Hopkinton for October of 2011 was $529,762
The Average Market time for the homes that closed in Hopkinton in October of 2010 was 107 days.
The Average Market time for the homes that closed in Hopkinton October of 2011 was 99 days.
13 homes went under agreement in Hopkinton Massachusetts in the month of October. The average list price of the homes that went under agreement was $644,771. The average time on the market for these Hopkinton homes were 83 days.
January - December 2009 & 2010 Market Statistics for Hopkinton Massachusetts
In Hopkinton MA for the period of January to December of 2010 there were 141 properties sold.
In Hopkinton MA for the period of January to December 2009 there were 150 properties sold.
In Hopkinton MA for the period of January to December in 2010 the average list price was $558,825 the average sale price was $541,061 and the average market time was 107 days.
In Hopkinton MA for the period of January to December in 2009 the average list price was $528,945 the average sale price was $511,107 and the average time on the market was 114 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 Massachusetts, there was a movement towards a stabalization of values as compared to previous years. This is especially true in the lower price points of the market. The average days on the market for a home has dropped and inventory levels remained stable throughout the year.
Click here for previous Hopkinton MA Real Estate market reports.
Selling a home in Hopkinton Massachusetts or other Metrowest town is heavily dependent 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 five years. We are no longer in a seller's market.
When selling a home in Hopkinton MA, it pays to have a pro in your corner representing you. Here are some Real Estate interview questions to ask when interviewing a Realtor, that will help you determine if you are hiring a top producer or not!
** 90% of all buyers are finding their homes on the Internet. See where I advertise on-line to create an incredible online presence for my clients at Hopkinton Real Estate marketing. **
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About the author: The above Hopkinton Massachusetts Real Estate Market report was provided by Bill
Gassett, a Nationally recognized leader in his field. 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 25+ Years.
Thinking of selling your home? I have a passion for Real Estate and love to share my marketing expertise!
For Massachusetts and Hopkinton MA Real Estate and homes see Hopkinton MA Realtors. 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, Franklin, Framingham, Mendon, Hopedale, Medway, Grafton, Northboro, Shrewsbury, Bellingham, Northbridge, and Uxbridge MA.
Click here to view Bill Gassett's Real Estate profile.
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