Hopkinton, MA - Real Estate Sales and Statistics (August)

The Hopkinton Homes For Sale Market Report

 

Another day, another chart. Note that for most of you, you can actually float your mouse over my charts, and they'll pop up with the actual numeric data points. Try it! It's cool....

 

 

 

 

Ok, so what can we see about Hopkinton now and over the last two years?

 

Well it's Hot, Hot, Hot - posting the best HSI in that time frame - 110 - this month. Look at the way the sales and the actives diverge in the last period, with inventory dropping, and sale jumping up. There's been 135 sales in the last six months, but 105 of those have been in the last three - that tells you it was a GREAT spring for sellers, and it was. I saw several homes sell for much more than I think they would have been worth this summer, when things are slower, but the homes for sale in Hopkinton are so few, I'm not sure anymore. There's still a lot of demand, and Hopkinton remains a hugely popular market for buyers. So far, prices seem steady, as Hopkinton jumped quite a bit last year, but I think in the next report we'll see a bump.

 

Never further proof as to the strength of this market? Well this is the second report in a row where we have no foreclosures, and short-sales are down to just one. Hopkinton is a good sized market to have no bank impacted inventory, and that's exactly where we are headed. Shadow Inventory leaves no shadow in Hopkinton.

 

Hopkinton Real Estate For Sale and Sold Market Statistics - Raw MLS Data

 

  • There are 84 homes listed as For Sale.
  • There have been 135 houses sold in the last 6 months, and 105 homes sold in the last 3 months.
  • There was an Average Market Time of 96 days for just SOLD homes.
  • There is an Average Market Time of 134 days of the homes For Sale.
  • The Dollars paid per Square Foot in Hopkinton is $187 (vs. $189 )
  • There was an Average Sold Price of $542,968 for sold homes.
  • Hopkinton has 0 properties (vs. 0) advertised as lender owned/foreclosure (typically foreclosure) .
  • Hopkinton has 1 properties advertised (vs. 3) as a shortsale is going to be needed by lender .
  • Hopkinton “Hot Seller Index” (HSI):110 Last Report: 88

 

 

Find Your Next Home or Check out the Competition!

 

*All statistics are for Single Family Houses and based on data in MLS.

 

Read my Explanation for Massachusetts Home Data Reports.

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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.