Massachusetts Real Estate - 2010 Statistics for Commercial

How was the real estate market for Massachusetts in 2010?

Here is the complete statistics for commercial properties including leases in the state of Massachusetts (Source: MLSPIN. Note - this may not reflect the correct picture as MLSPIN may not contribute a lot to commercial transactions and it also includes the leases.)

Total Number of commercial properties including leases Sold: 921
Total Market Volume: $217,230,122
Median Price: $95,000
Average Price: $235,863
Average Days on Market: 184

And how was it for the year 2009? Let's compare:

Total Number of commercial properties including leases Sold: 1,040
Total Market Volume: $199,059,599
Median Price: $2,200
Average Price: $191,403
Average Days on Market: 159

For all practical purpose, 2010 seems to be a lot better year for Massachusetts as compared to 2009.

The median price shows big differnece due to lease and average prices are up, days on market for a listing are slightly up and total volume is also up almost 8%.Total number of commercial properties - including leases in 2010 are less than that of 2009 by almost 10%.