home prices: Essex County, MA Home Sales, Median Price Up June 2010 - 08/15/10 07:24 AM
Both median home prices and sales of single-family homes, condominiums and multi-family homes increased in June 2010 compared to June 2009 in Essex County, Massachusetts.
In June 2010, the median price of a single-family home in Essex County increased 20 percent, or $60,000, compared to June 2009; furthermore, there was a rise in sales, which increased by 37.3 percent, to a total of 608 homes sold.
June 2010 sales of multi-family homes rose 8.3 percent. Compared to June 2009, the median price of a multi-family home in Essex County increased 13.5 percent, or $24,950.  
The median price of a … (2 comments)

home prices: Amesbury, Massachusetts Home Prices, Sales Up - 02/02/10 12:26 PM
As those of us in the real estate business know, not every community is in the midst of a real estate slump. After some significant declines in home sales and median price, Amesbury, Massachusetts has seen its real estate market come alive.
The median price of a single-family home in Amesbury, MA has been unpredictable over the past four years.  The largest difference in prices was seen from 2007 to 2008, where there was a 25.6 percent decrease in median prices from January through September; however, in 2009 home prices jumped up by 7.9 percent.
During the first nine months … (1 comments)

home prices: Duxbury, Massachusetts Median Home Price Plunges Nearly 28% - 02/02/10 12:19 PM
Between the months of January and September of 2009, the median price of single-family homes sold in Duxbury, Massachusetts was $480,000. This was down 27.8 percent compared to January through September of 2008. From 2006 to 2007, the median price increased 2.8 percent, and increased another 3.9 percent from 2007 to 2008.
In the first nine months of 2009, January through September, the number of sales recorded was the lowest in the past four years. The amount of sales in the nine-month period of 2009 was 85, down 4.5 percent from the 2008 number of 89 sales. This came after a … (0 comments)

home prices: Marshfield, Massachusetts Median Home Prices, Sales Decline - 02/02/10 12:15 PM
Single-family homes sold in Marshfield, MA between January 1st and September 30th in 2009 had a median price of $320,000, a decrease of 15.8 percent compared to the same period in 2008, which had a median price of $380,000. From 2007 to 2008 there was an 8.4 percent decrease in median price and from 2006 to 2007 a small increase.
During the nine-month period of 2009 in Marshfield, Massachusetts there was a 3.7 percent decrease in sales (129) compared to the 134 sales in 2008. From 2007 to 2008, sales went from 170 to 134, a 21.2 percent decrease. This was following … (0 comments)

home prices: Home Values Could Take More Than A Decade To Recover - 01/04/09 11:50 AM
Home values across the U.S. have declined over the past two to three years, and some economists believe it could be a decade or more before prices reach the heights of 2006, USA Today reported December 15, 2008.
"So far, home values nationally have tumbled an average of 19% from their peak. As bad as that is, prices would need to fall as least 17% more to reach their traditional relationship to household income, according to a USA Today analysis of home prices since 1950. In that scenario, a $300,000 house in 2006 could be worth about $200,000 when real estate … (0 comments)

 
Richard Rosa, Exclusive Buyer Agent (Buyers Brokers Only, LLC)

Richard Rosa

Exclusive Buyer Agent

Haverhill, MA

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