Hopkinton-Quick snapshot of market activity YTD

This is just a quick look at the single family market in Hopkinton, so far this year. I am looking at whats on deposit as this information is more up to the minute as opposed to solds which probably went on deposit 60 days earlier

Since 1/1/2009

there have been 13 homes go on deposit - avg 2/week

the median price is $479,000.

the avg. market time (days on market) is 165 days.

There are currently 50 active homes on the market with an avg. asking price of $588,000 and 160 days on market.

22 of the actives have come on the market since 1/1/09 and 3 of these are on deposit or closed.

So, 22 have come on the market and 13 have gone off- they are coming on faster then they are selling, but overall and considering the time of year the market is still active and homes are selling.

Marketing, preperation and positioning is key to success!