2020 Hudson Year in Review
Want to know how the Hudson, Massachusetts real estate market is doing? In this 2020 Year in Review Housing Report, we’re looking at home sales in Hudson in 2020 compared to 2019 and how the market performed in that area.
Home Sales Down 9.3% + Prices Up 6.3%
As of December 31, 2020, the number of homes sold in Hudson totaled 292 in 2020 over 322 in 2019, a 9.3% decrease. Average prices increased by 6.3% to $397,790 over 2019 when prices were $374,285. These metrics include single families, condos, and multi-families.
Homes Listed in Hudson:
In 2020, there were 294 homes listed in Hudson, down 10.4% from 2019 when there were 328.
Homes Pending in Hudson:
The number of homes placed under agreement in 2020 was the same as 2019 with 293 contracts accepted and no change year over year.
The pandemic and the shutdown in spring halted the Hudson market until mid-summer when things opened back up again. From that point until the end of the year, buyers and sellers were very active but not enough to catch sales up enough to beat 2019 though 2020 is only down by 30 sales. 2021 is predicted to be a very busy year and we are likely to see the number of sales rise year over year and prices continue to increase.