Real Estate
Holliston, Hopkinton Home Sales Down in 2013
Low inventory continues to hamper home sales across the commonwealth, but Hopkinton saw an uptick in home sales in March.
“Shrinking inventory" is “depressing sales volume" across the commonwealth, but closer to home, Hopkinton saw a spike in home sales in March. Holliston, on the other hand, saw a drop, mirroring the the state trend, according to The Warren Group, which publishes Banker & Tradesman.
So far, in 2013, Holliston has seen 16 home sales. Hopkinton, meanwhile, has seen 28 home sales—a drop from 13 last year.
"Low inventory is plaguing housing markets all over the country, and Massachusetts is no exception," said David Harris, editorial director at The Warren Group. "With mortgage rates low and prices competitive, we're hopeful more sellers will emerge and the trend in dropping home sales will reverse."
Find out what's happening in Holliston-Hopkintonfor free with the latest updates from Patch.
March sales 643 646 .47% YTD sales 1,614 1,651 2.3% March median sale price $348,800 $367,051 5.2% YTD median sale price $349,500 $372,000 6.4%
Massachusetts March sales 3,215 3,100 -3.58% YTD sales 8,017 7,849 -2.1% March median sale price $263,000 $285,000 8.37% YTD media sale price $255,500 $282,500 10.57%
Source: The Warren Group
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