massachusetts median home price: Massachusetts Home Sales Plunge in August - 10/10/10 03:46 AM
Sales of Massachusetts single-family homes in August 2010 declined to the lowest level in more than two decades while the median price slightly increased, The Warren Group, a publisher of real estate data, reported September 28, 2010. A total of 3,659 single-family homes sold in Massachusetts in August 2010, an 18.5 percent drop from 4,492 sales in August 2009. It represented the second consecutive month of year-over-year sales declines, and the first time sales have fallen below 4,000 in the month of August since The Warren Group began tracking data in 1987. Prior to last month, the lowest number of single-family … (3 comments)

massachusetts median home price: Massachusetts Home Sales, Median Prices Up In May 2010 - 06/26/10 02:04 PM
Sales of single-family homes in Massachusetts surged 37 percent in May 2010, marking the fourth consecutive month of double-digit percentage increases in year-over-year sales, according to a new report released June 22, 2010 by The Warren Group, publisher of Banker & Tradesman.
Massachusetts condominium sales also rose significantly in May, jumping 24 percent from May 2009.
“The increase in May sales volume isn’t a huge surprise. The residential real estate market is still feeling the effects of the homebuyer tax credit because buyers who want to take advantage of the expired tax credit have until the end of June to close … (1 comments)

massachusetts median home price: Massachusetts Home Prices, Sales Up In February - 03/31/10 03:22 PM
The following is a press release from the Massachusetts Association of REALTORS®.
WALTHAM, Mass. – March 31, 2010 – The Massachusetts Association of REALTORS® (MAR) reported today that median prices of single-family homes were up 7.7 percent compared to February 2009 while condominiums were up 12.8 percent compared to the same time last year.
Home sales have now increased for eight straight months and were up 14.3 percent compared to the same time last year while condominium sales were up 14.8 percent.
“February was another good month for the Massachusetts real estate market as momentum continues to build toward more normal … (1 comments)

massachusetts median home price: Homes Sales, Prices Up in Massachusetts - 03/19/10 03:08 AM
Median prices for single-family homes and condominiums in Massachusetts increased significantly in January compared to January 2009, The Warren Group, publisher of Banker & Tradesman, reported February 23, 2010.
The median price for single-family houses sold in January rose 9.6 percent to $285,000 from $260,000. It was the second consecutive month that median prices for single-family homes increased by nearly 10 percent when compared to the prior year; however, last month’s median selling price was 12 percent lower than it was in January 2008.
Sales of single-family homes jumped 11.8 percent to 2,153 from 1,926 in January 2009, posting the fourth … (0 comments)

massachusetts median home price: Massachusetts Prices, Sales Continue Decline in May - 06/23/09 02:19 AM
The median price of a single-family home in Massachusetts declined 11.8 percent in May 2009 compared to the same period last year, and single-family sales dropped 15.3 percent, The Massachusetts Association of REALTORS reported June 23, 2009.
I must admit, I expected the sales numbers to be much better, either flat or slightly higher on a year-over-year basis. The decline in median price does not surprise me.
Why? Everyone I speak with is busy, including other agents, home inspectors and mortgage professionals. Sure, the mortgage people were busy with refinances, but many told that home purchases were picking up quite a … (0 comments)

massachusetts median home price: Massachusetts Home Sales. Prices Plunge in January - 02/27/09 03:05 AM
Single-family home sales in Massachusetts dropped 10.3 percent in January while median prices plummeted by 20.2 percent compared to January 2008, The Warren Group, publisher of Banker & Tradesman, reported February 24, 2009.
The Massachusetts median home price dramatically dropped to $259,250 from $325,000 in January 2008. January marked the fifth consecutive month that single-family median home prices have been off by double-digit percentages. The $259,250 median price is the lowest it’s been since March 2002.
There were 1,908 single-family home sales in January, down from 2,126 in January 2008. It was the lowest sales volume for the month of January in the … (3 comments)

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

Richard Rosa

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