Hingham Real Estate Review and Market Insights

Year End 2018

       Hingham's World's End in winter-beautiful in all seasons                 

Happy New Year and Greetings!
Winter is in full force and the holidays are over.  During these days of limited sunlight, snow and ice, it's hard to imagine homes are selling, but they are!  We are blessed to live in (or contemplate living in) this wonderful area where we see continuous growth in the real estate market. 
2018 Recap- I am pleased to report that every metric reported below is up from last year.  Total volume and number of homes sold is up by 14%   All great news for sellers.  It is rare for all metrics to be favorable and that means it is a seller's market.  In this newsletter I have again provided "Fast Facts" below for those who prefer just the numbers. I have also added a designation to note statistics that are either more advantageous to buyers or sellers . In this case they all favor sellers.  There is also an analysis to summarize what all the statistics mean for our local real estate market. 

What to expect in 2019- Experts predict a solid local real estate market despite some uncertainty in the stock market.  Sellers -this is a great time to consider a change If you would like an opinion of value and a potential suggested home improvement list with references of reputable contractors, please let me know.  I am pleased to assist you with a market evaluation for your house or help you find that special new home

New construction - We have some new construction projects in town featured in my newsletter.  Let me know if you would like further information on them. 
Mortgages- I have provided the latest on mortgage rates from Kevin Byrne, who with Blue Hills Bank.  He is my 'Go To' person as he is responsive, professional, reliable and offers very competitive mortgage rate options.   

Thank you!- A big thank you to my clients and customers! Once again I am a top agent in Hingham and achieved Coldwell Banker's President's Elite for 2018 which recognizes the top 5% of all agents internationally. I am honored to be recognized and thank you for trusting me to assist you with purchasing and selling your homes.  

As always, if you have any questions about the local real estate market or would like to discuss purchasing or selling a home, I am just a phone call, text or click away.


Pam Bates
Coldwell Banker Residential Brokerage
c: 617-240-1292
Just The Facts Please 
 2018 Hingham Single Family
Real Estate Fast Facts   
  If you are just looking for the facts, here are the
   2018 vs 2017 statistics
Changes Favoring Sellers
% Change
Total Sales $268,280,220 $234,633,539 14.3%
# of Homes Sold 280 245 14.2%
Sales to List Price Ratio
Average Sale Price $958,700 $957,700 0.2%
Median Sale Price $820,000 $799,000 2.6%
Average Sale Per Square Foot
Days to Offer
47 50

Current Inventory
# SF Homes on Market 57 43 33%
Months of Inventory 4.9 5.7 (16.3%)
#  Condos Homes on the Market
Months of Inventory
Source: Multiple Listing Service Property Information Network Inc.  

Hingham Real Estate Year End 2018 Summary
 All metrics are up from last year at this time. It is a seller's market!  

In Hingham single family home sales totaled over $268 million during 2018 versus $234 million in 2017, which is a 14.3% increase. 280 homes sold in 2018 versus 245 during 2017, which is a 14.2% increase. 
Days to Offer has gone down this year as well.  In 2018  it was an average of 47 Days to Offer vs.50 Days to Offer 2017.  This is a decrease of 6.4%.

Median and Average Homes Sale Prices are up slightly from a year ago.  Median sale price is up by 2.6% a year ago to $820,000 and the average sale price up by 0.2% to $958,700.   Great news for sellers!


A note on the Hingham condominium market- the current inventory is up significantly from 1 year ago. This is attributable to new inventory in the Hingham Shipyard as well as excess inventory elsewhere in town.  A great time to make a change to maintenance-free condo living!  


A 10-Year Plus Perspective.....
The 2018 median sale price is $820,000, up by over 2.6% from a year ago.  In  Hingham during the past 10 years the median price has ranged from $610,000 in 2009 to a high of $820,000. 
   Source:  Multiple Listing Service Property Information Network, Inc
A Sampling of Hingham
July- December 2018
Sale Price
Days to Offer
Price per Square Foot
15 Bradley Woods Dr. $491,000 8 $335
272 Lincoln Street $615,000 81 $295
2 Accord Pond Drive $618,000 14 $436
30 Woodlock Road $786,400 3 $460
223 North Street $775,000 119 $248
52 Elm Street $925,000 143 $382
16 Carlton Road $1,060,000 65 $312
30 Canterbury Street $1,400,000 186 $222
142 South Street $1,500,000 89 $372
167 Main Street $1,700,000 50 $490
5 Merrill Street $2,875,000 70 $549
If you would like the sale  price for a property not listed above,
please contact me.

Source:  Multiple Listing Service Property Information Network Inc.  
South Shore Single Family Market Statistics

2018 South Shore Single Family Statistics  


Total Sales

% Chg.






# of Units Sold

Median Sale Price





















$820 ,000

















Hingham's results are up in all categories and outperformed all other towns.  Norwell's total volume is up but median sale price is slightly down.  Cohasset's results are down in all categories. You may be wondering why one town would be up and another one down so significantly.  Cohasset is a small community with many high end properties and results fluctuate more significantly versus other towns. Scituate's results are off slightly from 2017 although they have the largest volume of homes sold. This is in part to the geographic size of the community as well as the lower median sale price. Duxbury's results are mostly flat when comparing 2018 to 2017. As always I will continue to monitor and report.  


Source: Multiple Listing Service Property Information Network, Inc

New construction projects in Hingham and Weymouthport
I am excited to present new construction opportunities below. Click on the blue lettering to be sent to the project website.  Please contact me if you would like further information on any of these projects or buyer representation. 



In This Issue
Just The Facts Please
Hingham Real Estate Summary
South Shore Statistics
New construction projects in Hingham and Weymouthport


Your real estate resource  
Pamela Bates 
Realtor- Certified Relocation Specialist/ 
Notary Public 
International President's Elite 
2017 & 2018
(Top 5% of Co ldwell Banker   
associates internationally)
Top 10 Hingham agents 2014-2018

Thank you once again 
for your continued support!

  Coldwell Banker 
Residential Brokerage
 56 South Street
 Hingham, MA 02043
c: 617 240-1292

Visit my website by clicking on: 


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Client Feedback

165 Stayner Drive, Hingham

2 story townhome in Hewitts Landing

"We have been blessed to have Pam involved in 2 recent real estate transactions for our family. Her insights into the Hingham area real estate market and community; her knowledge of the home buying process; ability to easily navigate any challenges that arise; and her immense network of resources   after the home purchase are great assets and the reason we chose to work with Pam."
-Carol and Stephen Yamartino

130 Lincoln Street, Hingham

Waterview and walk to town

"Pam is a breath of fresh air in suburban real estate. She is a smart, hard working numbers oriented person who understands the personal nuances of a home sale.  We were very lucky to have Pam representing us on our recent transaction. She works in her client's best interests. We will be working with Pam again soon!"
- Sheila and Dan MacKeigan

30 Canterbury Street, Hingham

Gracious European colonial

"Pam is thorough, knowledgeable, fair, positive and helpful. We are so happy with the results of working with her. We will recommend her to all of our friends and family. She put us at ease at every phase of the process. Great work."
-Mark and Stephanie Minister

52 Elm Street, Hingham
Hingham Square colonial

"Pam knows the local market very well and took the time to help us understand the process along the way. She goes the extra mile to keep the momentum, but is respectful of the fact that selling a house is a very stressful time for the sellers. She makes sound recommendations along the way and her   attention to detail is excellent. We would most definitely use Pam for future real estate needs."
-Anne and Charles Williams
There is no greater compliment than the referral from your family, friends and previous clients

Looking for Homes
We are looking for  homes  to sell!

I would be pleased to meet with you, listen to your objectives and design a personalized plan to successfully sell your home this year.   I will provide you with a Complimentary Market Analysis.  Likewise, if you know of someone who might be interested in making a change, I welcome all referrals. 

If you are contemplating a move out of this area, I can also provide you with a  referral to a knowledgeable Coldwell Banker relocation expert in the market of your relocation.  Let's talk~

c: 617 240-1292
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Today's Rates

mortgage rate
Interested in finding out about mortgage rates?

Kevin Byrne of Blue Hills Bank can recommend a mortgage plan to fulfill your needs.
As of January 22, 2018 the following rates are available:
30 Yr - 4.375% + 0 pts
30 Yr FHA - 3.875% + 0 pts
30 Yr Jumbo - 4.125% + 0 pts
15 Yr Fixed - 3.875% + 0 pts
7/1 ARM  - 3.75% + 0 pts

The Jumbo rates have gone down!  Now is the time to lock in a rate. 
Other rate and point options available.
 Contact Kevin for any of your mortgage questions.  
 Kevin can be reached via at KByrne@BlueHillsBank.com or
c:  781 718-3366