Hingham MA Sold Single Family Homes Report for January 2013
- Days on market is up by 66.3%.
- Unit sales are down 25.0% to 9.
- Months of supply in January was 5.8. This is down 20.3% from 7.2 in January of 2012.
- Unit sales in Duxbury are down 44.4% to 5.
- Price per square foot in Plymouth in January was $147. This is down 18.1% from $180 in January of 2012.
- Unit sales in Marion are down by 75.0%.
In comparing year over year longer term data for Hingham MA, there continues to be a trend towards more stability in market values and increased demand. The supply of homes on the market is decreasing as is common for this point in the market on a seasonably adjusted basis. The average sales price for single family homes continues to show price improvement, although not in this month to month comparison. First time home buyers and entry level buyer remain to be very active in the market finally taking advantage of some strong values that have been offered by sellers.
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. The average sales price remains constant, and well priced homes are selling quickly as is evidenced by the high list to sales price ratio. There remain some good buys at most price points and more so in both the waterfront homes and in some contemporary homes.
Below are market reports for other towns in the Hingham area:
- Markets reports for Cohasset
- Market reports for Scituate
- Market Reports for Weymouth
- Market reports for Hull
- Market reports for Marshfield
Selling a home in Hull Massachusetts or other South Shore Towns is heavily dependent 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 Hull 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 Hull Massachusetts, it pays to have a pro in your corner representing you.
When selling a home in Hull MA, it pays to have a pro in your corner representing you. Will your agent dominate Google with an Internet presence? Click here to see a brief overview in my online marketing presentation for Exceptional Properties. Here is list of Real Estate interview questions to ask when interviewing your agent, that will help you determine if you are hiring a successful broker or not! Curious about a short sale because you owe more than your home is worth?
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