Just released: the latest video discussing inventory trends and for the early winter real estate market in Hopkinton, MA. Charts in the video are also included below for your reference.
Some of the raw data:
* 63 single-family homes on the market currently and of those 3 have accepted offers and remain as “active” only to seek back-up offers.
* Average DOM (days on market) is up a bit to 132 days from 126 days on average last month.
* The lion’s share of activity as measured by number of homes having gone under agreement is happening at the lower end with the most active price range being the $200,000-$400,000’s.
Below is the inventory trend chart shown in the video. The dark blue represents the number of homes in each price range this month, the gray bar column is the same number from one month ago, and the red line to the right in each price range indicates the number of homes which have gone under agreement since 11-15-09.
Inventory Levels December 2009
History of Inventory in Hopkinton Jan '05-Dec '09
For more detailed information about the homes for sale in particular or the Hopkinton housing market in general, don’t hesitate to contact us at 508-275-9155 Star Realty Hopkinton
{ 2 comments… read them below or add one }
I saw your blog, interested in your prediction for the spring of 2010. Please let me know.
Thank you
Pamela
Pamela- My concerns for the spring are tied to inventory of distressed sales (short sales & foreclosures) and financing conditions. Hopkinton is deemed (correctly in my opinion) a desirable town so we won’t see the same levels of distress as some other communities. I’d be happy to meet with you to delve into more detail if you’d like.
-Kathleen
508-259-9411
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