New England Properties

The Trend in Home Sales in Hingham MA - Improving, or...?

The Trend in Home Sales in Hingham MA - Improving, or...?

Home prices in Hingham on average are falling! Home prices have fallen 5.2% since June of 2009.

The current average listing price of homes for sale in Hingham MA is $1,030,870, up 0.6% from a month ago. Compare this to the current median sales price of $552,500 - where half of sales are above this amount and half below it.

Prices of 2 and 4 bedroom homes down while 3 bedroom homes are selling for more. Prices of 2 bedroom homes are down 16.7% while prices of 4 bedroom homes are down 4.1% from year ago levels. 3 bedroom homes are up 2.2% from a year ago. Below is a chart of the trend of median prices of homes for sale in Hingham MA over the past year through June 2010:


While cyclical, the number of sales for 2 and 3 bedroom homes have been relatively flat over the past several years, but have been increasing over the past couple of months:


So what does all this mean? Well, if you're looking for a home in the town of Hingham, you better not mess around too much. Overall, sales are relatively flat, and prices of homes on average have fallen in the past year. While sellers still aren't in control of this market, buyers should still be reasonable in their offers when negotiating.

You can still buy a home with no money down in Hingham with a VA Loan or with a USDA Rural Development Home Loan. With a MassHousing loan, you can purchase a home with as little as 3.0% down. And, with the FHA Mortgage program, you can purchase a home with as little as 3.5% down.

Be sure to contact me, Lew Corcoran, toll free at 1-800-984-3341, when you're looking to get pre-approved for a purchase of your next home in Hingham or in the surrounding area. Otherwise you may end up frustrated, disappointed and, unfortunately, perhaps misled.

 

 

Lew Corcoran
Licensed Real Estate Professional

Best Choice Real Estate Services
133 Turnpike St, South Easton, MA 02375
Phone Toll-Free: (800) 984-3341

Serving Easton MA and the Surrounding Area

 

Search the MLS for:

Homes for Sale | Homes for Rent

Short Sales (Pre-Foreclosures)

Government and Bank Foreclosed Homes for Sale

Learn how to Avoid Foreclosure with Home Rescue Plans

Get the latest Easton MA Real Estate Market News

0 commentsLew Corcoran • August 06 2010 09:14AM

Trend in Home Sales in Hingham MA Through April 2010

Trend in Home Sales in Hingham MA Through April 2010

According to Trulia.com, sales prices of homes in Hingham have declined 1.4% over the past year through April 2010, and have declined 19.0% over the past 5 years. The current average listing price of homes for sale in Hingham MA is $1,012,833, while the current median sales price is $488,000.

The median sales price is the price at which one half of the homes sold above that amount, and one half of the homes sold below that amount. Below is a chart of the trend of median prices of homes for sale in Hingham MA over the past 5 years through April 2010:


Below is a chart of the trend in home sales in Hingham MA over the past 5 years through April 2010:


If you're looking to buy a home or condo in Hingham MA or in the surrounding area, then search the MLS.

 

 

Lew Corcoran
Licensed Real Estate Professional

Best Choice Real Estate Services
133 Turnpike St, South Easton, MA 02375
Phone Toll-Free: (800) 984-3341

Serving Easton MA and the Surrounding Area

 

Search the MLS for:

Homes for Sale | Homes for Rent

Short Sales (Pre-Foreclosures)

Government and Bank Foreclosed Homes for Sale

Learn how to Avoid Foreclosure with Home Rescue Plans

Get the latest Easton MA Real Estate Market News

0 commentsLew Corcoran • May 14 2010 09:24AM

Trend in Home Sales in Hingham MA Through April 2010

Trend in Home Sales in Hingham MA Through April 2010

According to Trulia.com, sales prices of homes in Hingham have declined 1.4% over the past year through April 2010, and have declined 19.0% over the past 5 years. The current average listing price of homes for sale in Hingham MA is $1,012,833, while the current median sales price is $488,000.

The median sales price is the price at which one half of the homes sold above that amount, and one half of the homes sold below that amount. Below is a chart of the trend of median prices of homes for sale in Hingham MA over the past 5 years through April 2010:


Below is a chart of the trend in home sales in Hingham MA over the past 5 years through April 2010:


If you're looking to buy a home or condo in Hingham MA or in the surrounding area, then search the MLS.

 

Lew Corcoran
Licensed Real Estate Professional

Best Choice Real Estate Services
133 Turnpike St, South Easton, MA 02375
Phone Toll-Free: (800) 984-3341

Serving Easton MA and the Surrounding Area

 

Search the MLS for:

Homes for Sale | Homes for Rent

Short Sales (Pre-Foreclosures)

Government and Bank Foreclosed Homes for Sale

Learn how to Avoid Foreclosure with Home Rescue Plans

Get the latest Easton MA Real Estate Market News

0 commentsLew Corcoran • May 13 2010 06:39AM