The January report is provided by the
Massachusetts Association of REALTORS:
The Massachusetts real estate market is off to a strong start in
2013 as January median home prices were up for the 4th straight month and sales
were up for the 19th straight month compared to the same month the year before.
Condo median prices were flat compared to 2012 while sales continued their
upward trend in January. 2012 was a very active year with the most homes sold since 2005.
Median prices were essentially flat from 2011.
Highlights from the release:
§ Single-family
home sales were up 13.7% compared to last year (19th straight month)
§ Single-family
median prices were UP 5.% ($282,500) (4th straight month)
§ Most
homes sold in a January since 2007
§ Single-family
inventory had biggest year-over-year drop in January (-27.3%) (down for 10th
straight month)
§ Condo
sales were up 15.7% compared to the same time last year
§ The
median price for a condo was flat ($250,000) compared to last year
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