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William Tierney's Blog

By William Tierney | Agent in 02025

Sold Single Family Homes in Hingham, MA

The boats of Hingham Harbor are leaving the harbor for their winter hibernation.  But the Hingham Real Estate Market for the last 30 Days has seen 20 single family homes sell at an average sales price of $821,366!  The average time on the market was just a little over 75 days a big improvement.  Looking at the previous year,  month over month, that saw 15 homes, sell at an average of $567,900.  And it took an average time of 108 days to sell.  Also important to note is that the median price of the sold single family home was in the mid-$600's, showing that Hingham has housing stock at many price points.  The "take away" here is the improvement in both the price & volume of homes that sold year over year.  The market is showing that the 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. Hingam has shown that it is a very sought after community, and its improved pricing justifies this fact.

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