November

The Hudson Homes For Sale Market Report

If the market gets much better in Hudson for sellers, it'll be on top of the "hot list" for towns - if it's not already.

Smashing through the pullback with a flurry of sales in the last 3 months, inventory of homes for sale has dried up.  Not much to buy!  Rising prices ahead, with a side of competitive bidding.

Can’t see the chart? You can find it Here .

What spurred all this buying?  Well the home sellers drop their asking prices, and buyers came in and grabbed the perceived bargains.  Dropping your price in this market is an effective way to sell your home, if it's stuck.

What should potential home buyers do in Hudson?

Keep in mind that many buyers stop paying attention this time of year.  Don't be one of them!  Home sellers who need to sell come on this time of year, and they are usually pretty motivated to get things done, which is good for you!

What should future home sellers do in Hudson?

Make sure your home is ready and well priced, and then get out there!  It's a great market, and January will be good too.

Hudson Homes For Sale and Sold Market Statistics - MLS Data

  • The Hudson “Home Seller Index” (HSI): 330 Last Report: 294
  • There are 21 homes actively listed as For Sale for Home Buyers.
  • In Hudson there have been 118 houses sold in the last 6 months, and 74 homes sold in the last 3 months.
  • The Average number of Days on Market was 19 days for recently SOLD homes In Hudson.
  • Homes for sale have been sitting for an average of 81 days homes For Sale (currently for sale).
  • The amount that was paid by Home buyers in Dollars per Sq. Ft. averaged 207 (vs. 210 in the last report)
  • Current home sellers are looking for $ 223 /sq foot
  • There was an Average Sold Price of $364,202 .
  • Hudson, MA, has 2 properties advertised as lender owned or foreclosure (typically foreclosure) .
  • There are 0 properties advertised as a short-sale is going to be needed by the lender.

All raw data are for Single Family Houses and based on data in MLS. Matt’s HSI is proprietary*, and is designed to offer town-by-town information, instead of large scale trends. *That means you won’t find it anywhere else. Take that, Case-Schilling!.

May

The Hudson Homes For Sale Market Report

OK!  Well, Hudson, when we last checked in, had a ridiculous HSI of 300, and for over a year and a half, that number has been above 250. That means there tremendous buying pressure, and there's only one way to get rid of that amount of buying pressure - rising prices.

Basically, they've gone up, and sharply.  Almost 6% in 6 months, which is one of the sharpest rises we've seen here on the blog. 

 

To put that in perspective, 2 years ago, we were at $163/ sq foot, and now we are at $212.  That's 30% in 2 years, which is just kinda ridonkulous. 

 

Can’t see the chart? You can find it Here .

And, for the most part, it's worked.  The HSI is falling, although not very steeply, and with inventory levels so low, this could just be a reflection of the tight market and falling transaction volume.  We'll only know if prices are leveling off when homes stop selling, and right now, that's not the case. Certainly, sellers are being just as aggressive as ever, moving asking prices well in advance of current sale prices, but not illogically so, as we've seen elsewhere. 

What should potential home buyers do in Hudson?

Well, these higher prices might give some buyers some pause.  Really, I think Hudson may have overshot here a bit. Try not to be looking ONLY in Hudson - that might give you a distorted view on the market. 

Find Your Next Home or Check out the Competition!

What should future home sellers do in Hudson?

Future home sellers?  Now is the future!  Get your home on the market, especially if the plan is to move to another location where there is less competition.

Hudson Homes For Sale and Sold Market Statistics - MLS Data

  • The Hudson “Home Seller Index” (HSI):257 Last Report:300
  • There are 23 homes actively listed as For Sale for Home Buyers.
  • In Hudson there have been 87 houses sold in the last 6 months, and 58 homes sold in the last 3 months.
  • The Average number of Days on Market was 23 days for recently SOLD homes In Hudson.
  • Homes for sale have been sitting for an average of 41 days homes For Sale (currently for sale).
  • The amount that was paid by Home buyers in Dollars per Sq. Ft. averaged $212 (vs. $200 in the last report)
  • Current home sellers are looking for $ 225 /sq foot
  • There was an Average Sold Price of $379,447 .
  • Hudson, MA, has 2 properties advertised as lender owned or foreclosure (typically foreclosure) .
  • There are 0 properties advertised as a short-sale is going to be needed by the lender.

All raw data are for Single Family Houses and based on data in MLS. Matt’s HSI is proprietary*, and is designed to offer town-by-town information, instead of large scale trends. *That means you won’t find it anywhere else. Take that, Case-Schilling!.

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