Mass Assoc of Realtors Market Update January, 2013

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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Massachusetts Real Estate Update

The Massachusetts Association of REALTORS released their September 2012 sales report and for the 15th straight month sales have gone up compared to the same time last year. Single-family median prices were down less than one percent from last year while condo median prices went up compared to September 2011. (see graphs below – click on them to enlarge).

Release with podcast will be posted as soon as our website host is back online. Sorry for the delay

Highlights from the release:

* Single-family home sales were up 2.8% compared to last year
* Single-family median prices were DOWN 0.6% ($294,900)
* Condo sales were up 10.4% compared to the same time last year
* The median price for a condo was UP 2.9% ($280,000) compared to last year

This information is provided by the Massachusetts Association of REALTORS