Real Estate Sales for Hopkinton, MA - Home Sales and Real Estate Market Report (Aug, 2015)

The Hopkinton Homes For Sale Market Report

In the last report, we noted that prices had been pushed to a record. Well - it didn't last - prices have pulled back some according to the most recent data. Why? Well, I think of alot of the recent softness has to do with the large Pulte development at Legacy Farms. Although prices are really high there, much of the purchase data doesn't float through to MLS, and the extra supply is keeping a lid on prices. Are the prices at Legacy Farms worth it? That's another question for another day. Things certainly seem OK for Hopkinton sellers - but I don't see any imminent prices rises based on this data.
Can’t see the chart? You can find it Here .

What should active home buyers do in Hopkinton?

Home buyers should make sure they understand their choices. In the 500-800 price range, there's new construction, but it's very expensive in the context of the overall market. A premium is usually paid, but that doesn't mean it can't get out of line with market fundamentals. Buyers looking at pre-owned houses will see a rational market, much cheaper than Natick, but more expensive than Ashland - as is usually the case.
Find Your Next Home or Check out the Competition!

What should potential home sellers do in Hopkinton?

Homes sellers are getting good traffic and many are getting quick sales - just not as quick as a couple of years ago. Yes, the rise in prices has slowed things down a bit, but home prices are still near their highs, and unless a lot more inventory comes on the market, prices should stay firm. Here's what you can't do - push prices up. Know your competition, or you'll have a long sales cycle.

Hopkinton Houses For Sale and Sold Market Statistics - Raw MLS Data


  • Hopkinton‘s “Home Seller Index” (HSI): 146 Last Report: 127
  • There are 73 homes listed as For Sale.
  • There have been 180 houses sold in the last 6 months, and 133 homes sold in the last 3 months in Hopkinton.
  • The Average number of Days on Market was 61 days for just SOLD homes.
  • There is an Average Market Time of 171 days of the Hopkinton homes For Sale (currently for sale).
  • The amount that was paid in Dollars per Square Foot averaged 215 (vs.222 in the last report)
  • Current sellers are looking for $226 /sq foot
  • There was an Average Sold Price of $653,684 for sold homes.
  • Hopkinton, MA, has 1 properties advertised as lender owned or foreclosure (typically foreclosure) .
  • There are 0 properties advertised as a short-sale is going to be needed by the lender.


All raw data are for Single Family Houses and based on data in MLS. Matt’s HSI is proprietary*, and is designed to offer town-by-town information, instead of large scale trends.
*That means you won’t find it anywhere else. Take that, Case-Schilling!.

Realtor Matt's Top Read Real Estate Posts



Read my Explanation for Massachusetts Home Data Reports.

Real Estate Sales for Holliston, MA - Home Sales and Real Estate Market Report (Aug, 2015)

The Holliston Homes For Sale Market Report

In the last report, we noted that inventories were tight, and if we didn't have more home sellers, home buyers would push prices up. That is what we saw in Holliston, but the prices weren't up much. Inventory (the number of homes for sale) is up in this report - but it's still lower than last year at this time. Prices should stay firm in Holliston, which is still a good value!
Can’t see the chart? You can find it Here .

What should active home buyers do in Holliston?

Be picky - but not too picky. There are good prices in Holliston, but things are pretty balanced, you won't be able to drive many hard bargains without taking on a fair amount of risk.
Find Your Next Home or Check out the Competition!

What should potential home sellers do in Holliston?

Prices keep climbing! If the last time you checked, you didn't like the price on your home, it's time to check again - you'll be surprised what a couple of good years can do to prices!
Home Sellers have cut prices to get closer to where the buyers are at - home buyers have raised
their bids too, though, to close the gap.

Holliston Houses For Sale and Sold Market Statistics - Raw MLS Data


  • Holliston‘s “Home Seller Index” (HSI): 163 Last Report: 150
  • There are 50 homes listed as For Sale.
  • There have been 141 houses sold in the last 6 months, and 111 homes sold in the last 3 months in Holliston.
  • The Average number of Days on Market was 56 days for just SOLD homes.
  • There is an Average Market Time of 119 days of the Holliston homes For Sale (currently for sale).
  • The amount that was paid in Dollars per Square Foot averaged $216 (vs. 211 in the last report)
  • Current sellers are looking for $ 220 /sq foot
  • There was an Average Sold Price of $525,400 for sold homes.
  • Holliston , MA, has 0 properties advertised as lender owned or foreclosure (typically foreclosure) .
  • There are 3 properties advertised as a short-sale is going to be needed by the lender.


All raw data are for Single Family Houses and based on data in MLS. Matt’s HSI is proprietary*, and is designed to offer town-by-town information, instead of large scale trends.
*That means you won’t find it anywhere else. Take that, Case-Schilling!.

Realtor Matt's Top Read Real Estate Posts



Read my Explanation for Massachusetts Home Data Reports.

Real Estate Sales for Grafton, MA - Home Sales and Real Estate Market Report (Aug, 2015)

The Grafton Homes For Sale Market Report

In my last report, I noted that prices looked firm to me - despite the apparent drop - and this report we see that was correct, the drop was a blip, prices remained firm. With the HSI hitting a record in Grafton, it is clear to me that buyers are going further to find value - and they are finding it Grafton. While things aren't crazy in Grafton, the prices are good and things will continue to move quickly this fall. Will next year bring a price spike? I don't really see a big drop in inventories yet - but it remains in the mix. We'll review the call post fall closings.
A high for the HSI (Home Selling Index) means sellers are getting results in Grafton.
Can’t see the chart? You can find it Here .

What should active home buyers do in Grafton?

Home buyers will find choices, but they are moving quickly. In fact they are moving quicker than ever. Want to see what an improving real estate market looks like? Here's one way to tell:
The average days on market (DOM) for sellers has fallen
steadily since we've been watching it.
You can see here that the time sellers are sitting around on average has fallen steadily, as rising prices to the East push more buyers to the West. If things get much tighter, prices will go up quickly, so now is a good time to make a choice in Grafton.



Find Your Next Home or Check out the Competition!

What should potential home sellers do in Grafton?

Home sellers, the time is getting better each year! I note that there are some prices ranges that are very thin of good choices, so some sellers will find the fall very accomodating, and I would think the spring would be a very good time to list. Get your home ready now if selling is on your to do list!
Home sellers have done price cuts to get where
the buyers prices are.

Grafton Houses For Sale and Sold Market Statistics - Raw MLS Data


  • Grafton‘s “Home Seller Index” (HSI): 149 Last Report: 122
  • There are 83 homes listed as For Sale.
  • There have been 168 houses sold in the last 6 months, and 125 homes sold in the last 3 months in Grafton.
  • The Average number of Days on Market was 44 days for just SOLD homes.
  • There is an Average Market Time of 264 days of the Grafton homes For Sale (currently for sale).
  • The amount that was paid in Dollars per Square Foot averaged $179 (vs. $163 in the last report)
  • Current sellers are looking for $ 181 /sq foot
  • There was an Average Sold Price of $403,673 for sold homes.
  • Grafton, MA, has 1 properties advertised as lender owned or foreclosure (typically foreclosure) .
  • There are 4 properties advertised as a short-sale is going to be needed by the lender.


All raw data are for Single Family Houses and based on data in MLS. Matt’s HSI is proprietary*, and is designed to offer town-by-town information, instead of large scale trends.
*That means you won’t find it anywhere else. Take that, Case-Schilling!.

Realtor Matt's Top Read Real Estate Posts



Read my Explanation for Massachusetts Home Data Reports.

Real Estate Sales for Framingham, MA - Home Sales and Real Estate Market Report (Aug, 2015)

The Framingham Homes For Sale Market Report

There was nothing subtle about the Framingham market this year. Sellers didn't reach for prices, and buyers gobbled up everything. Even now, prices are not stretched from current sales. The number of homes for sale in Framingham remains small though- below where it should be - and just like Natick, at some point sellers will start pushing things up more aggressively. Based on these numbers, there's room for sellers to push.
Can’t see the chart? You can find it Here .

What should active home buyers do in Framingham ?



What should potential home sellers do in Framingham ?

Potential home sellers should check their micro-market and stretch for prices. This fall should bring some buyers (assuming the stock market stabilizes). With things this good, this could be your time to move.

Framingham Houses For Sale and Sold Market Statistics - Raw MLS Data


  • Framingham ‘s “Home Seller Index” (HSI): 238 Last Report: 218
  • There are 114 homes listed as For Sale.
  • There have been 444 houses sold in the last 6 months, and 349 homes sold in the last 3 months in Framingham.
  • The Average number of Days on Market was 29 days for just SOLD homes.
  • There is an Average Market Time of 78 days of the Framingham homes For Sale (currently for sale).
  • The amount that was paid in Dollars per Square Foot averaged $216 (vs. $209 in the last report)
  • Current sellers are looking for $ 217 /sq foot
  • There was an Average Sold Price of $407,332 for sold homes.
  • Framingham , MA, has 3 properties advertised as lender owned or foreclosure (typically foreclosure) .
  • There are 2 properties advertised as a short-sale is going to be needed by the lender.


All raw data are for Single Family Houses and based on data in MLS. Matt’s HSI is proprietary*, and is designed to offer town-by-town information, instead of large scale trends.
*That means you won’t find it anywhere else. Take that, Case-Schilling!.

Realtor Matt's Top Read Real Estate Posts



Read my Explanation for Massachusetts Home Data Reports.