Hingham MA Real Estate Market Report February 2011

Hingham MA Real Estate Market Report February 2011

Hingham Harbor looking back towards Hingham Square

Hingham MA Sold Single Family Homes Report for February 2011

In February of 2011 there were 9 homes that closed within the month for Hingham Massachusetts. This is a increase of 4 units, as there were 5 homes that closed in February of 2010.

The Average list price for the homes that closed in Hingham for February of 2010 was $521,944

The Average list price for the homes that closed in Hingham for February of 2011 was $626,780

The Average sale price for the homes that closed in Hingham for February of 2010 was $605,000

The Average sale price for the homes that closed in Hingham for February of 2011 was $488,944

The Average Market time for the homes that closed in Hingham in February of 2010 was 237 days.

The Average Market time for the homes that closed in Hingham February of 2011 was 126 days.

 There are 12 homes under agreement in Hingham Massachusetts in the month of February. The average list price of the homes that went under agreement was $571,794. The average time on the market for these Hingham MA homes was 175 days.

In 2010 there were 217 Single Family Real Estate transactions in Hingham. In 2009 there were 189 Single Family Real Estate transactions.

** The above statistics are for single family homes only and do not include condo’s or Multi-family homes in Hingham Massachusetts.

In comparing year over year longer term data for Hingham MA, there was a trend towards more stability in market values. The average days on the market decreased significantly.

Hingham remains an excellent town for both 1st time home buyers as well as those wishing to move up into the mid ranges of the market.

Below are market reports for other towns in the Hingham area:

Selling a home in Hingham Massachusetts or other South Shore Towns 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 Hingham and many other South Shore communities has changed over the last five years. We are no longer in a seller’s market. When selling a home in Hingham Massachusetts, it pays to have a pro in your corner representing you.

When selling a home in Hingham 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 successful broker or not!

About the author: The above Real Estate information about Hingham MA Homes For Sale was provided by Bill Tierney, a highly respected name in real estate who covers the South Shore real estate market for William Raveis Real Estate. Bill can be reached via email at william.tierney@raveis.com or by phone at 617-653-1955. Bill has been a licensed real estate agent for over seven years.

Thinking of selling your home or condo? I have a passion for Real Estate and would love to share my marketing expertise! I specialize in leveraging today’s technology, such as social media, to maximize your home’s exposure.
For Massachusetts and Hingham MA Homes for Sale and condos see Hingham MA Real Estate For Sale.

Want to have MLS access to beat other buyers to your dream home? Sign up with no obligation at my MLS Property Finder service.  I service the following towns on the South Shore: Cohasset, Hingham, Hull, Scituate, Marshfield, Norwell, Weymouth, Quincy, Duxbury, and Kingston.  Click here to view Bill Tierney’s Real Estate Profile.

About William Tierney

Bill Tierney is an internet savvy REALTOR who covers the South Shore real estate market for William Raveis Real Estate. Bill can be reached via email at William.Tierney@Raveis.com or by phone at 781-545-1533. Bill has been a licensed real estate agent Since 2004 and has extensive experience. As a Certified Distressed Property Expert (CDPE) Bill has extensive training in helping homeowners avoid foreclosure.