Hopedale Massachusetts Real Estate Market Report July 2010
In July of 2010 there was 2 homes that closed within the month for Hopedale Massachusetts. This is an decrease of 6 of units, as there was 8 homes that closed in July of 2009.
The Average list price for the homes that closed in Hopedale for July of 2009 was $390,912
The Average list price for the homes that closed in Hopedale for July of 2010 was $284,900
The Average sale price for the homes that closed in Hopedale for July of 2009 was $381,488
The Average sale price for the homes that closed in Hopedale for July of 2010 was $295,000
The Average Market time for the homes that closed in Hopedale in July of 2009 was 63 days.
The Average Market time for the homes that closed in Hopedale July of 2010 was 181 days.
1 home went under agreement in Hopedale Massachusetts in the month of July. The average list price of the homes that went under agreement was $410,000. The average time on the market for these Hopedale homes was 15 days.
Through July there have been 32 sales in Hopedale. At the same point last year there were 23 sales.
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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I service the following towns in Metrowest MA: Hopkinton, Milford, Upton, Southboro, Westboro, Ashland, Holliston, Mendon, Hopedale, Medway, Grafton, Northbridge, Uxbridge, Douglas, and Framingham MA.
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Bill -- I love the report and especially the important reminder to price one's home well. It is so imperative to have a successful outcome.
The average price of homes sold this year seems to be much lower than they were last year. Thanks for the post.
The trends appear constant, lower prices and longer DOM in 2010 than 2009.
That's a hard pill for home sellers to accept.
Once again, excellent information for consumers in your market areas. I find buyers and sellers both want this information.
Good Morning Bill,
Thanks for the post. Great data, but more important great analysis. Have an awesome day.
Great post, Bill. All of the data a home buyer or seller would need to analyze the town - oops! You did that too - great market report...