Hopkinton, MA

Click below to view the video (about 4 minutes) discussing inventory trends for the late spring market for Hopkinton, MA. Charts in the video are also included below for your reference.

Some of the raw data:

* 81 single-family homes on the market currently and of those 9 have accepted offers and remain as "active" only to seek back-up offers.
* Average DOM (days on market) is down to 108 from 115 in mid-May.
* The price ranges below $600,000 are still seeing the most activity.

Below is the inventory trend chart shown in the video. The dark blue represents the number of homes in each price range this month, the lighter blue line is the same number from one month ago, and the red line on the bottom is the number which have gone under agreement since 5-15-09.

The $500,000-$600,000 price range is still the most crowded but is also the one seeing multi-offer situations.

Below is the chart showing inventory trends since January 2005. You can see that our inventory levels are relatively low.

For more detailed information about the Hopkinton residential real estate market, don't hesitate to contact us at 508-275-9155 Star Realty Hopkinton

Hopkinton schools, through the dilligent efforts of selectman, school committee and volunteers have been able to maintain the high service levels which have made Hopkinton schools tops in Metrowest and nationally recognized. watch this short video-

Newsweek magazine has released their list of America's 1500 Top Public High Schools. They rank the schools according to this formula: "Public schools are ranked according to a ratio devised by Jay Mathews: the number of Advanced Placement, Intl. Baccalaureate and/or Cambridge tests taken by all students at a school in 2008 divided by the number of graduating seniors."

Hopkinton High School ranks number 420 on the list, moving up from their spot at 496 last year which puts it in the top 2% of schools ranked by this method.

For the Massachusetts Comprehensive Assessment System (MCAS), all 10th graders in the state are tested and scored according to their performance: advanced, proficient, needs improvement, or failing. Hopkinton 10th graders scored a combined 84% advanced and proficient in both the English and Math exam (these are the only two subjects tested in 10th grade) with an impressive 58% scoring advanced in Math. See full results of MCAS testing for Hopkinton.

In addition to stellar performance, the school is aesthetically beautiful and offers a state of the art athletic center, fitness, facility, and performing arts stage.

Hopkinton Massachusetts has again made it into the prestigious list of the top High Schools in the country according to Newsweek Magazine.

This is the 2nd consecutive year that Hopkinton has made the list. This year Hopkinton came in ranked 420 out of the top 1500 schools! The formula for inclusion into this group of great schools is as follows:

"Public schools are ranked according to a ratio devised by Jay Mathews: the number of Advanced Placement, Intl. Baccalaureate and/or Cambridge tests taken by all students at a school in 2008 divided by the number of graduating seniors. All of the schools on the list have an index of at least 1.000; they are in the top 6 percent of public schools measured this way."

To get a clearer understanding of Jay Matthews exact formula see the article Hopkinton High School makes Newsweek top 500 list 2008.

Other Metrowest Schools that made the list include:

Ashland, Framingham, Hudson, Medway, Millis, Nashoba Regional in Bolton, Wellesley and Weston.

This award is just another feather in Hopkinton's cap for their outstanding school system. In addition to this most recent Newsweek award Hopkinton also made Boston Magazines top Massachusetts schools in 2008.

One of the reasons property values have remained more stable in Hopkinton than some of the other area towns is partially related to the quality of education the schools offer.

For a complete list of the schools that made the list see Newsweek top 1500 schools.

___________________________________________________________________________________________________

About the Author: The above information on Hopkinton High School makes Newsweek top 500 schools 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.

For Massachusetts and Hopkinton MA Real Estate and homes see Hopkinton Real Estate. 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 Massachusetts: Hopkinton, Milford, Upton, Southboro, Westboro, Ashland, Holliston, Mendon, Hopedale, Medway, Grafton, Northbridge, Franklin, Uxbridge, and Framingham MA.

Click here to view Bill Gassett's Real Estate profile.

Subscribe in a reader

SUBSCRIBE TO MY METROWEST HOMES BLOG via email.

Building lasting relationships by helping people move in and out of Metrowest Massachusetts for the last 23 years.

Hopkinton market stat's 1/1- 5/31 2009

See chart below for sales by- price range most active range is - under $600,000