June 18, 2013

Hopkinton, MA - Home Sales and Real Estate Market Report (June, 2013)

The Hopkinton Homes For Sale Market Report

Hopkinton posts another strong report. I'd say very strong, except for the following:
1) The changed active flag status policy and 2) There's some high end new construction that is not moving - showing that not every segment of the market is hot.



Note: The chart above updates automatically with each new post, so make sure the comments you are reading line up with the time the post was published.

This, however, won't help you much if you are a regular buyer, however. Most of the inventory is selling very, very quickly. As noted in the past, Hopkinton has been hot, and remains so, as we look at almost a full year of reports with the HSI at 100 or above.

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A sustained market like this should result in rising prices, and we do see that in Hopkinton. In fact, since Feb of 2012, a little less than 16 months, we are up from $182, or over 7% in a little more than a year. That's hot folks! And there's no signs that the changes are slowing down. With only 40 houses left on the market, pressure on prices remains the story.

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


  • There are 40 homes listed as For Sale in Hopkinton.
  • There have been 128 houses sold in the last 6 months, and 105 homes sold in the last 3 months.
    Looking to move to Hopkinton?
    So is everyone else, it seems. Rising home
    prices have failed to deter home buyers.
  • The Average number of Days on Market was 80 days for just SOLD homes.
  • There is an Average Market Time of 232 days of the homes For Sale (currently for sale).
  • The amount that was paid in Dollars per Square Foot averaged $195 (vs. $191 )
  • There was an Average Sold Price of $543,693 for sold homes.
  • Hopkinton ,MA, has 0 properties  (vs. 0 in the last report) advertised as lender owned/foreclosure (typically foreclosure) .
  • Hopkinton has 1 properties advertised as a short-sale is going to be needed by lender .
  • Hopkinton “Home Seller Index” (HSI):158 Last Report: 104


*All statistics are for Single Family Houses and based on data in MLS. Note, there will be a some what artificial jump in the rankings as the active status flag is being phased out. (this is a good thing, but will screw up my data sets).
Written by your MLS Expert: Matt Heisler 0 comments
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June 17, 2013

Holliston, MA - Home Sales and Real Estate Market Report (June, 2013)

The Holliston Homes For Sale Market Report

Holliston is moving forward as demand is increasing and working through the market. It's not a market where everything is selling right away, however, and seller still need to use some caution when pricing property. If it doesn't sell right away -it may not, as the average for the properties on the market is around 129 days (once you take out some new construction ads), which is certainly not the shortest timeline we've seen. But with homes selling at an average of 55 days, that certainly tells you the good stuff is flying off the shelves.


Note: The chart above updates automatically with each new post, so make sure the comments you are reading line up with the time the post was published.
We don't see a huge push in prices - they look flat - but I think by the next report we will see that rise, as the current sales push through the data.


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What should buyers do? Well, Holliston remains a market that isn't totally nuts - so it's a good spot for buyers to keep on their list. Prices are still rational in Holliston. If the inventory continues to fall though, we may see more buyers pushing up prices.  Also, right now, there is very little new construction in town, but Toll Brothers has rumoured that there will be more of their product coming on line.  I expect those will be at higher prices than currently, and they are selling fast, and at high prices, roughly 230-250 a square foot, where the rest of town is selling quite a bit lower (this is normal, new construction usually gets top prices. ).  My point being, however, that as those sales get put in the data, it will be moving the numbers up.

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


  • There are 46 homes listed as For Sale in Holliston.
  • There have been 103 houses sold in the last 6 months, and 79 homes sold in the last 3 months.
  • The Average number of Days on Market was 55 days for just SOLD homes.
    The homes in good condition are selling quickly.
  • There is an Average Market Time of 165 days of the homes For Sale (currently for sale).
  • The amount that was paid in Dollars per Square Foot averaged (vs. )
  • There was an Average Sold Price of $425,439 for sold homes.
  • Holliston ,MA, has 1 properties advertised as lender owned/foreclosure (typically foreclosure) .
  • Holliston has 4 properties advertised as a short-sale is going to be needed by lender .
  • Holliston “Home Seller Index” (HSI):145 Last Report: 122


*All statistics are for Single Family Houses and based on data in MLS. Note, there will be a some what artificial jump in the rankings as the active status flag is being phased out. (this is a good thing, but will screw up my data sets).
Written by your MLS Expert: Matt Heisler 0 comments
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June 14, 2013

Red Sox Notes for June: Positive Surprises, Downside surprises

Red Sox continue to Impress in June

It's hard to complain about the local 9 this year. They have been in the thick of it from the beginning, and still are atop MLB and their division. A number that I like to keep track of at this point is the run differential - not just the record, but how many runs are you beating the opposition by? The Sox are third in that category, right behind Detroit, but trailing the powerful Cardinals by quite a stretch. The eyeball test reveals little different - this is a good team - and so far they've done a better job at staying healthy then they usually do. Not sure why that is, but so far, it's a welcome change. Here are some of the bigger surprises:


Good Surprises

  • Daniel Nava - Riding the top of the list has to be Nava. I thought he would be a quality fourth outfielder, but he has been much, much more. The Globe recently wrote that he's been having an All-Star caliber season, and it's pretty likely he'll be a coaches choice. Like Youkilis, his fantastic plate discipline has allowed him to continue improve beyond his projected skill set. And he's not just having a good numerical season, he's coming up in big spots, winning games for the team.
  • Clay Buckholz - Is a close second place. It looks like Clay is putting it all together, as many of us had been hoping for a while. While his health has been an problem in the past, it's been only a minor annoyance this year. He certainly looks like a formidable weapon should the Sox reach the post season.
  • John Lackey - Don't look now, but he has an ERA at 3.14, which is damn good. He's in shape and with his elbow repaired, has a chance to make me take back all the things I said about him. It still won't be remembered as a good contract for the Sox, but pitching like this is a good way to work your way back into the fans good graces.

Keeping an eye on....

  • Mike Carp -Carp got off to a quick start in April, but looked terrible in May, and looked like he was not going to be much of a competitor. Looks like he's a streaky player, because as bad as he looked (and he looked AWFUL), he is TEARING IT UP. He's raised his average from .267 to .330 in about two weeks, and smacked 5 homers along the way. That's a groove.
  • Dustin Pedroia - Dustin isn't hitting for power, and that might be due to a troublesome thumb that would have put many players on the DL. But with a .409 OBP, a .325 batting average (team leader), and what I thin will go down as his finest defensive season if he keeps it up, who cares. He has been nothing short of spectacular on both sides of the diamond, while leading all players in games played. If you don't root for Dustin everytime he gets up, go watch something else. He may not have the raw charisma or (eventually) the career length of Derek Jeter, but there are no teams who wouldn't welcome this guy. He's that good. He's put up a .304/.372/.832 slash line CAREER, and no one other than Robinson Cano has been better and more consistent. (I don't think Cano is as good a defender, but he is a better hitter).
  • Jose Igelias - I have been highly critical of Jose's future as a major league prospect. Highly. Critical. So in the interest of full disclosure, I have really, really enjoyed watching him play. He plays defense with a grace that you rarely get to watch, and he has been a tough out at the plate. But working off some numbers that Peter Abraham posted in the globe last week, I've calculated that if not for an unusual number of lucky bounces and well placed fly balls, he would be around a .241 batting average with a .304 OBP. YIKES. So I remain critical. But I have not failed to notice that his slugging is almost .600, which I can not explain, but will use this word: Hope. I will be watching intensely - but if he reverts to the mean, it will be UGLY.

Disappointments

  • Middlebrooks - Where for art thou Middlebrooks? His slump has been bordering on epic, and although growing pains are to be expected, I'd like to see more of a sustained burst of the potential that we all know is there. When he has been hitting, the raw power continues to be awe inspiring. But Will? Hit the other way once in a while, if you haven't noticed, they are pitching you away.
  • Ellsbury - he historically has tough Mays, but with June here it'd be nice to see a little more power. Not a lot, just some. His current slugging (.384) won't offset his lower than desired OBP (.349).
  • Jonny Gomes - Lack of production noted. He's a gamer though, so here's to a breakout second half.
Written by your MLS Expert: Matt Heisler 0 comments
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June 10, 2013

Grafton, MA - Home Sales and Real Estate Market Report (June, 2013)


The Grafton Homes For Sale Market Report

The Grafton MA housing market is also seeing a huge surge this spring. Again, some of this is clearly being front loaded by the Active status flag change, but still things are up sharply in Grafton.


Note: The chart above updates automatically with each new post, so make sure the comments you are reading line up with the time the post was published.
The crazy piece is that prices have not really moved substantially, and may have actually lost some ground. I'm willing to be that when the current UAG flip to SOLDs, we will see housing prices increasing, but right now the data does not show that. Still, a huge imbalance of buyers is crowding Grafton, and most of them have shown up fairly recently. I think we're going to see a huge bunch of sales at the end of the month, it'll be interesting to track the data through that period.

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Another report where bank impacted inventory is disappearing. Just two reports ago, you were looking at 11 properties being bank impacted. Now? Just two. That is also very good for price momentum. The good news here for buyers is there are still a fair number of properties left - but the best have moved quickly, with sold homes moving at less than a hundred days - showing the sellers are gaining control of this market as well!

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


  • There are 84 homes listed as For Sale in Grafton, MA.
  • There have been 144 houses sold in the last 6 months, and 112 homes sold in the last 3 months.
  • The Average number of Days on Market was 96 days for just SOLD homes.
    Flowers and Home Sales are in Season in
    Grafton, MA
  • There is an Average Market Time of 209 days of the homes For Sale (currently for sale).
  • The amount that was paid in Dollars per Square Foot averaged $165 (vs. $168 )
  • There was an Average Sold Price of $370,776 for sold homes.
  • Grafton,MA, has 0 properties (vs. 1 in the last report) advertised as lender owned/foreclosure (typically foreclosure) .
  • Grafton has 2 properties advertised as a short-sale is going to be needed by lender .
  • Grafton “Home Seller Index” (HSI): 110 Last Report:79


*All statistics are for Single Family Houses and based on data in MLS. Note, there will be a some what artificial jump in the rankings as the active status flag is being phased out. (this is a good thing, but will screw up my data sets).

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Written by your MLS Expert: Matt Heisler 0 comments
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