Real Estate Market Report for April 2011, Hingham

In April of 2011 there were 17 homes that closed within the month for Hingham Massachusetts. This is a increase of 3 units, as there were 14 homes that closed in April of 2010.

• The Average list price for the homes that closed in Hingham for April of 2010 was $691,071
• The Average list price for the homes that closed in Hingham for April of 2011 was $779,576
• The Average sale price for the homes that closed in Hingham for April of 2010 was $661,657
• The Average sale price for the homes that closed in Hingham for April of 2011 was $744,533
• The Average Market time for the homes that closed in Hingham in April of 2010 was 197 days.
• The Average Market time for the homes that closed in Hingham April of 2011 was 199 days.

There are 13 homes under agreement in Hingham Massachusetts in the month of April. The average list price of the homes that went under agreement was $866,269. The average time on the market for these Hingham MA homes was 56 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 is a trend towards more stability in market values. Both the average sale price  and the average listing price have drifted higher in recent months.  This can be partly attributed the nominal improvements in the economic environment.

Hingham, and its highly regarded school system, remains an excellent town for both first time home buyers as well as those wishing to move up into the mid ranges of the market.  Hingham offers home styles from Antique Homes to Waterfront Homes, to Condos with many of these home styles offered at various price points.

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 Marshfield
• Market reports for Hull

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. Will your agent dominate Google with an internet presence?  Click here to see a brief overview in my online marketing Flip Book Presentation. 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 worht?  Go to MassForeclosureHelp.com and get answers to your questions.