Milton MA Real Estate: 2011 Year in Review

Milton MA Real Estate:  2011 Year in Review

Milton MA Real Estate continued to hold steady throughout 2011.  Overall for 2011, there were 223 single family homes sold in Milton MA, with an average sale price of $520,962.00.  

The lowest priced home sold for $181,000 and the highest was a sale at $1,805,000.00.  The first chart to the left shows the percentage of homes sold in each price range.

While the average sale price may have fluctuated from month to month in 2011, it is holding steady.  The average sales price in 2010 was higher at $545,404, however 2010 was the year of the federal first time home buyer tax credit, which may have influenced prices.  

The number for 2011 is up over both 2008 and 2009 average home sale prices, which were at $518,982 and $505,411 respectively.

In other categories, the news is also encouraging for a steady market.  Average days on the market was at 108 for 2011, 107 for 2010, 103 for 2009 and 109 for 2008 - all down from 120 in 2007.

Milton MA has done pretty well to weather the real estate storm.  It is extremely convenient for commuting to Boston, located just south of and adjacent to Boston.  

In addition, it consistently ranks in the Money Magazine listing of best small towns in the US, having just been named number two small town in America by Money Magazine in 2011, due to its well-rated schools, including its highly regarded French immersion program, recreational opportunities and proximity to all that Boston has to offer.

If you are considering buying a home in Milton MA in 2012, work with an  Exclusive Buyer Agent from Milton MA who will put your interests first and assist you through the process every step of the way.  

All data is taken from the MLS Property Information Network Inc.