Hopkinton Mid-Month Real Estate Market Report--October 2009

By
Real Estate Broker/Owner with STAR REALTY Hopkinton

Just released: the latest video discussing inventory trends and for the third quarter and early fall real estate market in Hopkinton, MA. Charts in the video are also included below for your reference.

 

 

 

Some of the raw data:

* 79 single-family homes on the market currently and of those 12 have accepted offers and remain as "active" only to seek back-up offers.
* Average DOM (days on market) is holding steady at 117 days.
* Homes in nearly every price range from $200,000 to over $1,000,000 have gone under agreement during the past month in an unusually active market.

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 gray bar column is the same number from one month ago, and the red line to the right in each price range indicates the number of homes which have gone under agreement since 9-15-09.

 

October Inventory Trends

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

History of Hopkinton Inventory thru 10-15-09

And finally the slide of Q3 2009 results:

Q3 Chalboard slide

For more detailed information about the homes for sale in particular or the Hopkinton housing market in general, don't hesitate to contact us at 508-275-9155 Star Realty Hopkinton

 

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Topic:
Real Estate Market Trends
Location:
Massachusetts Middlesex County Hopkinton
Groups:
Market Reports
Posts to Localism
Tags:
hopkinton
hopkinton home sales
hopkinton inventory
hopkinton market reports
hopkinton market conditions

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Rainmaker
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John Occhi
SRES,CPRES.ePRO - Temecula-Murrieta CA Real Estate
Mason Real Estate

G R E A T   G R A P H S   &   P R E S E N T A T I O N

This is what makes all real estate Local and why the public should insist on a Local REALTOR

John

October 27, 2009 06:32 PM
Rainer
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Kathleen Buckley
STAR REALTY Hopkinton

Well thank you John!

October 27, 2009 08:23 PM
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Kathleen Buckley

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