As already reported, 2012 was a good year for Canton MA single family home sales. Here's a look at the 2012 real estate market for condominiums in Canton MA.
In 2012, there were a total of 77 condominiums sold in Canton MA. The lowest priced condo sold for $56,000.00 and the highest priced one sold for $450,000.* The average sales price for a condominium in Canton MA for 2012 was $252,016.00.
How does that compare to condo sales in Canton MA over past years?
Total number of condo sales for 2012 was up over 2011, which saw only 64 condominium sales in Canton MA. However, compared to the past five years, the total sales are not as high as in 2009. As I tell many buyers, condos tend to be the first to get hit when the market drops and the last to recover. Still, condo sales in Canton have not dropped off and have held steady over the past few years.
Prices have held steady for condominiums in Canton MA over the past few years as well. The average sales price for 2012 was down only slightly from 2011 which saw an average sales price of $255,703.00. The past three years show prices hovering around the same amount. While not recovered to the high of 2008, they are up from the low of 2009.
Condos offer a low-maintenance lifestyle for busy professionals, families and empty-nesters. There are many condominiums for sale in Canton MA that have two or three bedrooms and access to outdoor space.
Are you ready to take advantage of the current rates and prices? Contact your Canton MA Buyer Broker to find homes for sale in Canton MA.
*All data is courtesy of MLS Property Information Network, Inc. Homes sold outside of the MLS are not included in these numbers.
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