Hingham August Sales Figures
In the last 30 Days Hingham has seen just 15 homes sell at an average sales price of $720,460! The average time on the market was just a little under 120 days. This is a very unfavorable comparison to the same period last year that saw 30 homes sell at an average of $782,435 What is clearly seen in this number is the significant drop in number of homes that sold year over year. The "take away" from this is that homes that are accurately priced, even in today's market environment, will sell, and sell quickly. But in more quiet market like today, pricing is key, if not the largest component to the equation. It is paramount to pay good attention to the similar comparable homes sold (not those on the market) when coming up with your pricing strategy. Also pay attention to the pricing of homes you are competing with when selling your home. The stats are saying that pricing is even more important today. As much as location is has been an old favorite variable, price is giving location a run for its money. Hingham continues to be a premium town selling more homes than its peer in Cohasset.