Hudson, MA Housing Market Statistics Overview
The Hudson real estate market looks softer in the numbers - but buried in there are 20 pendings that will increase the HSI a great deal, and probably mean the market is stronger than a lower number of 73 for the HSI would indicate. We see a big jump in Hudson homes for sale, and good increases in the six month and three month sales. Average time on market for these homes is remaining steady. Buyers should expect competition for the nicest most well-priced homes. Most homes however are getting traffic, and sellers should find the market receptive to buyers. Perhaps not too many competitive bids, but good offers and sales.
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Has the shadow inventory appeared in Hudson? Foreclosures are up to three, and short-sales are at 7. That puts bank impacted inventory at 10% - an unhealthy level for sure, and bound to keep a lid on average prices going forward. So maybe we're seeing some distressed inventory here, but we're not seeing it elsewhere, so this data point is an outlier until further notice.
Hudson, MA Housing Market Statistics - Raw MLS Data
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It's still too cold to being those outside painting projects. |
- There are 93 homes (vs. 48 in the last Hudson Homes for Sale Report) listed as For Sale.
- There have been 70 houses sold (vs. 64) in the last 6 months, and 39 homes sold (vs. 35) in the last 3 months.
- There was an Average Market Time of 134 days for just SOLD homes.
- There is an Average Market Time of 117 days (vs. 178) of the homes For Sale.
- The Dollars paid per Square Foot in Hudson is $152 (vs. $151 )
- There was an Average Sold Price of $278,442 for sold homes.
- Hudson, MA has 3 properties (vs. 1) advertised as lender owned/foreclosure (typically foreclosure) .
- Hudson, MA has 7 properties (vs. 3) advertised as short sale is going to be needed by lender .
- Hudson “Hot Seller Index” (HSI): 73 Last Report: 85
*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.
