Vicki Connolly

Sales Associate Vicki.Connolly@raveis.com 617.921.4243

March, 2014

www.raveis.com Hingham, MA - Single Family Properties

Volume 4 Issue 3

March Headlines
Hingham 3-month unit sales are up 29.4% to 44. 3-month median price in March was $536,700. This is down 10.6% from $600,000 in March of 2013. Inventory is down by 16.1%. Other Towns In Plymouth County Months of supply in Scituate in March was 6.3. This is up 26.8% from 4.9 in March of 2013. Median price in Halifax is up by 81.2%. Months of supply in Marsheld is up 24.2% to 6.2.

Changes Favoring Buyers

3 Months Ending March, 2014 % Chg From Mar, 2013

Median Sale Price Sales to List Price Ratio Price per Sq Ft for Sold

$536,700 94.0% $279

-10.6% -1.0% -2.6%

Changes Favoring Sellers

3 Months Ending March, 2014 % Chg From Mar, 2013

Unit Sales Inventory Months of Supply Market Time (Days) New Listings Listings Under Contract

44 113 5.0 132 92 57

29.4% -18.7% -23.5% -20.5% -11.5% 23.9%

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Headlines are based on comparisons between this month and the same month last year unless otherwise stated.

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Sales
There were 15 unit sales in March. This is up 15.4% from 13 in March of 2013. Sales/list price ratio in March moved up to 96.2% from 94.4% in February.

Prices
Median price in March was $665,000. This is up 1.5% from $655,000 in March of 2013. 3month median price of $536,700 in March was down a little from $595,000 in February and down modestly from $600,000 in March of 2013.

Inventory
Inventory of 125 in March was up 13.6% from 110 in February but down 16.1% from 149 in March of 2013. New listings of 47 in March were up substantially from 25 in February and up slightly from 41 in March of 2013. Months of supply of 5.5 in March was up a little from 4.9 in February but down moderately from 7 in March of 2013.

Market Time
Days on market of 134 in March was way up from 90 in February but down considerably from 181 in March of 2013. Change in Median Sale Price for Single Family Properties YTD From 2013 To 2014 for Towns in Plymouth County Ranked by Best Performance
Town
Abington Hanover Rockland Plymouth Duxbury Scituate Carver Wareham Brockton East Bridgewater

% Change
27.66% 18.12% 15.91% 15.18% 13.13% 12.28% 8.70% 7.47% 7.41% 3.26%

Data From: MLSPIN Towns with an average of at least 10 sales per month (maximum of 10 towns)

Hingham, MA Information

Local Housing Data

Copyright RealtyMarketPublishing, 2014 Data courtesy of: MLSPIN

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Listing and sales information comes from various sources and may not always be accurate. No representation or warranty is made as to the accuracy of this information. You should verify any information that is important to your buying decision.