Kathryn's Blog

head_left_image

Holland, Massachusetts, Real Estate Report for 2011

Holland, Massachusetts, Real Estate Report for 2011

 

How did the real estate market perform in Holland, MA in the year 2011?  As with many towns in South-Central Massachusetts, Holland saw a slow real estate market in 2011.  Sales were slow, and prices were down.  The graphs below show the story quite vividly:

 

holland ma homes sold Data Source:  MLS PIN


holland ma home prices
Data Source:  MLS PIN

 

You can see where the market has changed in the past ten years.  Prices peaked in 2006, and volume peaked in 2003.  For 2011, Holland real estate prices returned to 2002 prices (on average). 

Current Market

Let's not forget to consider the current market in Holland, MA, when we look at this information.  Currently, there are 28 single family homes on the market.  One has an accepted offer but is taking back-up offers.  An additional four homes are under contract; two of these are bank-owned and one is a short sale.

Summary and Predictions for 2012

With nearly one-year's inventory on the market, it will take some time for each home to sell this year.  The good news is that mild winter weather has buyers out and ready to look.  The deals at the low end of the market will go quickly, primarily to investors who have cash, as these properties typically are in need of repair.  But, homes that are in good condition will also sell, as they will appeal buyers in low-money-down programs like FHA.  Also, Holland waterfront properties continue to hold their value and will be in demand this spring.

If you have a home to sell in Holland, MA, you will need to have your property in top condition in order for the property to meet strict lending requirements.  If you plan to buy a home in Holland, MA, you will have many options from which to choose.  Be sure your financial house is in order before you start looking, or you may cause delays in your own purchase.

Do you have questions about the Holland Massachusetts Real Estate Market?  Please contact me at (508) 982-0686 or kathrynacciari@remax.net

I will be happy to meet with you for a free consultation and help you get started on a successful home buying or selling journey.

Best in real estate,

 

Kathryn Acciari, REALTOR
RE/MAX Professional Associates of Sturbridge MA
Top 10 Agent in 2010 and 2011

Putting Today's Technology Tools to Work for You

 

Text and photos copyright Kathryn J. Acciari unless otherwise noted. 
All rights reserved.

 

 

 

Sturbridge & Central MA Real Estate and More

 

 

kathryn acciari facebook twitter linkedin icon rss

 

Kathryn Acciari, REALTOR(R)
Serving Central Massachusetts
Sturbridge to Grafton

Cell: (508) 982-0686   
Email:
kasellshomes@gmail.com

Web site: kathrynacciari.com
Blog:
Real Estate Blog
Twitter: @kacciari

Comment balloon 0 commentsKathryn Acciari • January 29 2012 07:02PM
Holland, Massachusetts, Real Estate Report for 2011
share
Holland, Massachusetts, Real Estate Report for 2011 How did the real estate market perform in Holland, MA in the year 2011? As with many towns in South-Central Massachusetts, Holland saw a slow real estate market in 2011. Sales were… more
Wow! Over 2600 Square Feet, 4 Bedrooms, Master Suite, Finished…
share
Wow! Over 2600 Square Feet, 4 Bedrooms, Master Suite, Finished Basement - Amazing Home in Sturbridge Only $349, 900 23 Tannery Road Sturbridge, MA 01518 4… more
Sweet! Tantasqua Educational Fund Offers Evening of Decadent Desserts
share
Sweet! Tantasqua Educational Fund Offers Evening of Decadent Desserts On Friday, February 3, 2012, the Tantasqua Educational Fund (Ted. ) will hold its annual fundraising event at the Publick House Inn in… more
Office Space for Lease in Historic Sturbridge MA
share
Office Space for Lease in Historic Sturbridge MA Soon to be available on Main Street, Sturbridge, exceptional and flexible office space in an outstanding location. The offices are located in The Barn, a two-story building with charm and… more
Geeks and Writers Rule the World
share
Geeks and Writers Rule the World Looking around at the world today, it occurred to me that geeks and writers really are in charge here. Writers are the ones who push their ideas through the media. They may be in the background, but… more
Casino Plans for Brimfield MA?
share
Casino Plans for Brimfield MA? January 12, 2012: Interesting news today: The Worcester Business Journal has reported that MGM intends to pursue the possible building of a casino in Brimfield, MA The article states that MGM has its… more
Sturbridge Year-End Real Estate Report for 2011
share
Sturbridge Year-End Real Estate Report for 2011 How did the real estate market perform in 2011 in Sturbridge, Massachusetts? In 2011, we saw 69 single family home sales at an average price of $250, 000. As the charts below show, the… more