The Hopkinton Homes For Sale Market Report

Hopkinton posts another strong report. I'd say very strong, except for the following:

1) The changed active flag status policy and 2) There's some high end new construction that is not moving - showing that not every segment of the market is hot.

 

 

 

Note: The chart above updates automatically with each new post, so make sure the comments you are reading line up with the time the post was published.

 

This, however, won't help you much if you are a regular buyer, however. Most of the inventory is selling very, very quickly. As noted in the past, Hopkinton has been hot, and remains so, as we look at almost a full year of reports with the HSI at 100 or above.

 

Find Your Next Home or Check out the Competition!

A sustained market like this should result in rising prices, and we do see that in Hopkinton. In fact, since Feb of 2012, a little less than 16 months, we are up from $182, or over 7% in a little more than a year. That's hot folks! And there's no signs that the changes are slowing down. With only 40 houses left on the market, pressure on prices remains the story.

 

Hopkinton Houses For Sale and Sold Market Statistics - Raw MLS Data

 

  • There are 40 homes listed as For Sale in Hopkinton.
  • There have been 128 houses sold in the last 6 months, and 105 homes sold in the last 3 months.

    Looking to move to Hopkinton?

    So is everyone else, it seems. Rising home

    prices have failed to deter home buyers.
  • The Average number of Days on Market was 80 days for just SOLD homes.
  • There is an Average Market Time of 232 days of the homes For Sale (currently for sale).
  • The amount that was paid in Dollars per Square Foot averaged $195 (vs. $191 )
  • There was an Average Sold Price of $543,693 for sold homes.
  • Hopkinton ,MA, has 0 properties  (vs. 0 in the last report) advertised as lender owned/foreclosure (typically foreclosure) .
  • Hopkinton has 1 properties advertised as a short-sale is going to be needed by lender .
  • Hopkinton “Home Seller Index” (HSI):158 Last Report: 104

 

 

*All statistics are for Single Family Houses and based on data in MLS. Note, there will be a some what artificial jump in the rankings as the active status flag is being phased out. (this is a good thing, but will screw up my data sets).

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About Matt Heisler

Matt Heisler is a real-estate professional and owner of this website. He has been selling homes in MA for buyers and sellers for over 20 years. He is an expert in foreclosure purchases, short-sale purchases, short-sale sales, buy and hold investing, fix and flip investing, and of course traditional residential home sales. He is happy to take questions as they pertain to real estate on Title V, Radon, Termites, Sump Pumps, Roofs, Foundations, Wells, Septic Systems, Cash-Flow, Staging, and a host of other housing issues. As a Vanderbilt University alumnus, he is proud to serve his local community.

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*All information is posted in good faith and is assumed to be reliable, but may rely on third party information sources.