Canton MA Real Estate 2013 Year in Review

Now that we've welcomed in the new year, I'd like to reflect back on how far the Canton MA real estate market has come in the last year with the Canton MA Real Estate 2013 Year in Review.

There were a total of 184 homes sold in Canton MA during 2013.  This is the highest amount on record since 2004, when 189 homes were sold.  In fact, the amount of homes sold in Canton MA continues its steady climb, with the year ending 5% higher than in 2012. 

The average sale price for a Canton MA home increased 12% since 2012, when the average was $435,924.  Homes sold in Canton MA during 2013 ranged from a 2 bed/1 bath 912 square foot Cape-style home that sold for $121,000 all the way up to a 5 bed/4.5 bath 4691 square foot Colonial that sold for $1,270,000.  The average days on market has decreased from last year as well.  DOM went from 119 in 2012 to 89 in 2013.

If you're interested in buying a Canton MA home, you need to start your search now.  According to these statistics, Canton MA homes are selling for more money in less time.  Interest rates are hovering in the mid-4% area.  We're starting to see a higher demand from buyers, especially in the $500,000 to $599,999 range.   If you are in the market to buy a home, contact your Canton MA Buyer Broker now.

*All data used in this blog post has been provided by the MLS Property Information Network, Inc.

Christine Smith, Buyers Brokers Only LLC - Your Exclusive Buyer Agent in Norfolk County MA