Holliston Massachusetts Real Estate Market Report August 2010

In August of 2010 there were 13 homes that closed within the month for Holliston Massachusetts. This is a decrease of 4 units as there were 17 homes that closed in August of 2009.
The Average list price for the homes that closed in Holliston for August of 2009 was $429,920
The Average list price for the homes that closed in Holliston for August of 2010 was $411,354
The Average sale price for the homes that closed in Holliston for August of 2009 was $414,468
The Average sale price for the homes that closed in Holliston for August of 2010 was $399,700
The Average Market time for the homes that closed in Holliston for August of 2009 was 70 days.
The Average Market time for the homes that closed in Holliston for August of 2010 was 97 days.
6 homes went under agreement in Holliston Massachusetts in the month of August. The average list price of the homes that went under agreement was $528,067. The average time on the market for these Holliston homes were 101 days.
Through August there have been 86 homes sold in Holliston. At this same point in time last year there were 83 homes sold.
January - December 2008 & 2009 Market Statistics for Holliston Massachusetts
In Holliston MA for the period of January to December of 2008 there were 105 properties sold.
In Holliston MA for the period of January to December 2009 there were 123 properties sold.
In Holliston MA for the period of January to December in 2008 the average list price was $412,745 the average sale price was $396,519 and the average market time was 110 days.
In Holliston MA for the period of January to December in 2009 the average list price was $407,299 the average sale price was $390,555 and the average time on the market was 124 days.
** The above statistics are for single family homes only and do not include condo's or Multi-family homes in Holliston MA.
In comparing year over year longer term data for Holliston Massachusetts, it appears that there is still a downward trend in the average sale price for homes although it is very small. All indications are that the market could be approaching a bottom. There was an increase in the days on the market for Holliston in 2009 v.s 2008, however there were quite a few more sales in 2009.
Holliston has a good base of housing stock in the 1st time buyer and move up buyer ranges which are the most desired price points.
Click here for previous Real Estate Market Reports for Holliston MA.
Selling a home in Holliston 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 Holliston 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 Holliston Massachusetts, it pays to have a pro in your corner representing you.
When selling a home in Holliston MA, it pays to have a pro in your corner representing you. Here are some Real Estate interview questions to ask when interviewing your agent, that will help you determine if you are hiring a top producer or not!
** Almost 90% of all buyers are finding their homes on the Internet. See where I advertise on-line to create a dominant online presence for my clients Holliston MA Real Estate marketing **
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About the author: The Holliston Massachusetts 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 Holliston 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!
For Massachusetts and Holliston MA Real Estate and homes see Holliston MA Real Estate. Want to have MLS access to beat other buyers to your dream home? Sign up with no obligation at my MLS Property Finder Site.
I service the following towns in Metrowest MA: Hopkinton, Milford, Upton, Southboro, Westboro, Ashland, Holliston, Franklin, Mendon, Hopedale, Medway, Grafton, Bellingham, Northboro, Shrewsbury, Northbridge, Uxbridge, and Framingham MA.
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Market reports give a really good grounding on what's going on in your market and it looks like the increase in sales from last year is a good sign for your area!
Bill your market report must be a hit in Holliston MA, you always provide the community with a consistent and informative real estate data. Looks like you are slightly a head in unit sales for the year when compared to same time last year, Aalthough the average sale priced dropped.
That 1% drop in price is insignificant, but the 20% increase in transactions is very significant.
Bill, nice report and good to see there is a small increase in sales for the year....hope sales continue upward. Sales in my area is usually good in the fall, but really slow in the winter.
Nice to see good news! Interesting times, for sure. (And you are right about my favorite song!).
Bill I tend to focus more on units sold than most other data, because that is what seems to affect my end of the business most. Hopefully next month you will see an increase in that area rather than the decrease that you have reported in your last three market reports.
Bill:
I am surprised to see 2010 lagging 2009.
Richard
Bill.. I will agree.. this is a good market report, and it's good that sales have picked up some. But I am confused, some above said sales increased and some said sales decreased. I know you had mentioned that August was a tad down, but overall for the year was a tad up. Did I get that right? lol SInce others now have me confused.. or did they stop with the August comparison of last year.
Hi Bill,
Looking at your numbers it sounds like a reflection of the NAR sales report for 2010.
When it comes to Metrowest, MA real estate you're certainly on top of you game!
Jeff - the market overall has been fairly flat although there is some evidence starting to build that values may be creaping downward. Many of the people that look at the stats fail to realize they are just looking at one month of data and draw conclusions from that.
Everyone thanks for all your comments on my Holliston MA Real Estate report!