3/20/14, 10:34 AM

Vicki Connolly
Sales Associate Vicki.Connolly@raveis.com 617.921.4243

February, 2014

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

Volume 4 Issue 2

February Headlines
Hanover Unit sales in February were 8. This is up 100.0% from 4 in February of 2013. Months of supply is down by 31.1%. Inventory is down 25.0% to 39. Other Towns In Plymouth County Price per square foot in Hingham is down 13.7% to $268. Median price in Pembroke in February was $287,500. This is down 32.3% from $424,950 in February of 2013. Months of supply in Whitman is up by 51.5%.
Unit Sales

Changes Favoring Buyers

February, 2014 % Chg From Feb, 2013

Sales to List Price Ratio Market Time (Days) Price per Sq Ft for Sold Listings Under Contract

95.4% 114 $191 5

-1.7% 7.5% 0.0% -16.7%

Changes Favoring Sellers

February, 2014 % Chg From Feb, 2013

8 $354,450 39 3.2 8

100.0% 0.6% -25.0% -31.1% -33.3%

Median Sale Price Inventory Months of Supply New Listings

Monthly changes may not accurately reflect long-term trends. Click here to see longer-term averages

More Headlines ...

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

Click here to search for homes in Hanover, MA

http://legacy.realtymarketupdate.com/External/Raveis/RaveisAgentNewsljpg&agentSiteUrlPrex=VickiConnolly&townname=Hanover&propertytype=1 Page 1 of 3

3/20/14, 10:34 AM

Sales
There were 8 unit sales in February. This is up 100.0% from 4 in February of 2013. This is the lowest unit sales have been since 4 in February, 2013. Sales/list price ratio in February moved down to 95.4% from 97.8% in January.

Prices
Median price in February was $354,450. This is up 0.6% from $352,500 in February of 2013. 3-month median price of $381,000 in February was down a little from $384,120 in January but up slightly from $328,750 in February of 2013.

Inventory
Inventory of 39 in February was down 2.5% from 40 in January and down 25.0% from 52 in February of 2013. New listings this month are 8, the same as last month. Months of supply of 3.2 in February was down a little from 3.3 in January and down somewhat from 4.6 in February of 2013.

Market Time
Days on market of 114 in February was up moderately from 87 in January and up a little from 106 in February of 2013. This is the highest days on market has been since May, 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 Duxbury Wareham Hanover Carver Scituate Brockton Rockland Middleborough Bridgewater

% Change
57.36% 40.42% 20.00% 17.31% 16.33% 12.28% 5.26% 4.17% 0.51% 0.00%

http://legacy.realtymarketupdate.com/External/Raveis/RaveisAgentNewsljpg&agentSiteUrlPrex=VickiConnolly&townname=Hanover&propertytype=1

Page 2 of 3

3/20/14, 10:34 AM

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

Hanover, MA Information

Local Housing Data

Copyright RealtyMarketPublishing, 2014 Data courtesy of: MLSPIN

Community

Maps

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.

http://legacy.realtymarketupdate.com/External/Raveis/RaveisAgentNewsljpg&agentSiteUrlPrex=VickiConnolly&townname=Hanover&propertytype=1

Page 3 of 3