Hopedale Massachusetts Real Estate Market Report May 2008
In May of 2008 there was 4 homes that closed within the month for Hopedale Massachusetts. This is the same amount of units as there were 4 homes that closed in May of 2007.
The Average list price for the homes that closed in Hopedale for May of 2007 was $487,675
The Average list price for the homes that closed in Hopedale for May of 2008 was $323,900
The Average sale price for the homes that closed in Hopedale for May of 2007 was $470,000
The Average sale price for the homes that closed in Hopedale for May of 2008 was $314,250
The Average Market time for the homes that closed in Hopedale in May of 2007 was 96 days.
The Average Market time for the homes that closed in Hopedale May of 2008 was 272 days.
5 homes went under agreement in Hopedale MA in the month of May. The average list price of the home that went under agreement was $347,760. The average time on the market for this Hopedale home was 171 days.
January - May Market Statistics for Hopedale Massachusetts
In Hopedale MA for the period of January to May of 2007 there were 21 properties sold.
In Hopedale MA for the period of January to May 2008 there were 10 properties sold.
In Hopedale MA for the period of January to May in 2007 the average list price was $421,086, the average sale price was $405,614, and the average market time was 104 days.
In Hopedale MA for the period of January to May in 2008 the average list price was $306,500 the average sale price was $292,550 and the average time on the market was 266 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 May. There was also an increase in the days on the market for the same period in Hopedale MA.
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 three and a half 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 excellent 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 this must read article on where I advertise on-line. Metrowest MA Homes ~ How to effectively market to the masses on-line. **
The above information was provided by Bill Gassett, the team leader for the #4 RE/MAX Team in Massachusetts in 2007. Bill can be reached via email at firstname.lastname@example.org 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 22+ Years. Bill's office is conveniently located in the center of Hopkinton MA at 77 Main Street. RE/MAX Executive Realty also has offices in Holliston and Grafton to service home sales in Hopedale MA.
I have a passion for Real Estate and love to share my marketing expertise! I would welcome the opportunity to earn your business.
For Massachusetts and Hopedale MA Real Estate and homes see Hopedale Massachusetts 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, Mendon, Hopedale, Medway, Grafton, Northbridge, Uxbridge, and Framingham MA.
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Building lasting relationships by helping people move in and out of Metrowest Massachusetts for the last 22 years.
Bill Gassett is a thirty-two year veteran to the real estate industry. He enjoys providing helpful information to buyers, sellers and fellow real estate agents to make sound decisions. His work has been featured on RIS Media, National Association of Realtors, Inman News, Placester, RESAAS, Credit Sesame and others.