According to the local MLS, the median sale price in Hingham for the first 6 months of 2012 was $740,000, up 10.94% over the same period in 2011. If you'd like more details and current information about the Hingham market, visit http://www.HinghamRealEstateValues.com.
averages are tricky when calculating, specially if we are looking at an overall picture of the market. So far this year in Hingham the average and median prices are as follows Median Price: $692,500 Average Price: $763,088. This is an over all sold stat and can be narrowed down by using more criteria on what we are comparing. If you would like a full report email us email@example.com. Hope this helps
The median sale price in Hingham year-to-date in 2012 is $725,000. That is up from $640,000 a year ago, a 13.3% increase. Clearly the Hingham market has made the turn. Median sale price is a better indicator of values rather than average sale price because it is not influenced by one high end property. You can read more about the local market in my quarterly Hingham Real Estate Enewsletter at this link:
Please let me know if you have any further questions.
Realtor Coldwell Banker
SRES, ABR, CNS, Notary Public
c: 617 240-1292