March is the ninth straight month of year-over-year gains

WALTHAM, MA - April 6, 2010 - (RealEstateRama) - The Massachusetts Association of REALTORS® (MAR) reported today that despite the record rain last month, the number of single-family homes put under agreement in March was up 27 percent over the same time last year, while condominiums were up 38 percent.  March marks the ninth straight month that the number of both single-family homes and condominiums put under agreement had increased over the year before.

"It appears that the record rains in March didn't keep buyers from taking advantage of the market conditions and making offers on homes," said 2010 MAR President Kevin Sears, broker/co-owner of Sears Real Estate in Springfield.  "Whether the rain will impact how many of these deals close is still a question, but the buyers are out there and that is a good sign for the market."

The number of single-family homes put under agreement in March was up 27 percent compared to the same time last year (3,783 homes in 2009 to 4,808 homes in 2010).  On a month-to-month basis, single-family homes put under agreement were up 37.8 percent from 3,489 homes in February.
The number of condos put under agreement in March was up 38 percent compared to March 2009 (1,543 units in 2009 to 2,122 units in 2010).  On a month-to-month basis, condos put under agreement were up 48 percent from 1,434 units in February.

 
Posted by Jay Bradley on 04/22/2010 04:15 PM   Comments (2)  
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2 Comments on Pending Home Sales were up again in March!

APR
22
2010
1,099,529 Points 51 Featured Posts Outside Blog Called Shot Master

Up 42 percent for March 2010 compared with March 2009 in Maine! Woo Hoo!
4:21pm • #1
MAY
07
2010
379,725 Points 1 Featured Post Localism Sponsor Outside Blog Attended Rain Camp Called Shot Master

Jay, Welcome to Active Rain! Active Rain is a great place to share your knowledge, expertise and thoughts, as well as network and learn so much from the vast pool of talent already onboard.

Welcome Aboard and Much Success!
12:38am • #2


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Jay Bradley

Arlington, MA

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