Hopedale Massachusetts Real Estate Market Report February 2010
In February of 2010 there was 2 homes that closed within the month for Hopedale Massachusetts. This is an increase of 1 of units, as there was 1 home that closed in February of 2009.
The Average list price for the homes that closed in Hopedale for February of 2009 was $256,000
The Average list price for the homes that closed in Hopedale for February of 2010 was $394,450
The Average sale price for the homes that closed in Hopedale for February of 2009 was $245,000
The Average sale price for the homes that closed in Hopedale for February of 2010 was $391,000
The Average Market time for the homes that closed in Hopedale in February of 2009 was 14 days.
The Average Market time for the homes that closed in Hopedale February of 2010 was 391 days.
1 home went under agreement in Hopedale Massachusetts in the month of February. The average list price of the homes that went under agreement was $338,500. The average time on the market for these Hopedale homes was 391 days.
January - December 2008 & 2009 Market Statistics for Hopedale Massachusetts
In Hopedale MA for the period of January to December of 2008 there were 33 properties sold.
In Hopedale MA for the period of January to December 2009 there were 45 properties sold.
In Hopedale MA for the period of January to December in 2008 the average list price was $332,945 the average sale price was $319,745 and the average market time was 169 days.
In Hopedale MA for the period of January to December in 2009 the average list price was $287,400 the average sale price was $278,113 and the average time on the market was 99 days.
** The above statistics are for single family homes only and do not include condo's or Multi-family homes in Hopedale MA.
In comparing year over year longer term data for Hopedale MA, the average list price and sale price both went down over year from January to December as compared to 2008. There was however some very positive news to come out of Hopdale in 2009. There was a pretty substantial increase in the number of transactions completed as well as a very large decrease in the average time on the market. Like other surrounding local communities the data is starting to look like we could be getting closer to a market bottom!
Here are additional market reports from some other area towns:
Selling a home in Hopedale Massachusetts or other Metrowest town is heavily dependant on pricing your home properly and picking an agent that will create an "online market presence" for your home. As a home seller, you need to be aware that the market in Hopedale and many other Metrowest communities has changed over the last five years. We are no longer in a seller's market. When selling a home in Hopedale Massachusetts, it pays to have a pro in your corner representing you.
When selling a home in Hopedale MA, it pays to have a pro in your corner representing you. Here are some Good Real Estate interview questions to ask when interviewing your agent, that will help you determine if you are hiring a pro or not.
** 85% of all buyers are finding their homes on the Internet. See where I advertise on-line to create a dominat internet presence for my clients at Hopedale MA Real Estate marketing. **
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About the author: The above Hopedale Real Estate market report 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. Bill has helped people move in and out of Hopedale MA and other Metrowest towns for the last 24+ Years.
Thinking of selling your home? I have a passion for Real Estate and love to share my marketing expertise!
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Bill
Hopedale is coming along from the looks of it; how is your duplex and multi family market doing?
Tom - the condo market is not fairing that badly at all as most of them fall into the 1st time home buyers price point.