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Milton MA Market Report for January 2014
If you thought that last year's market was hot, you ain't seen nothing yet.  So far this year, the Milton MA real estate market has outpaced last year's sales figures to date by quite a bit.  And that's only for the first month of the year!

Thirteen homes were sold in January 2014.  That is a 260% increase over January 2013!  However, as you can see from the graph above, January 2013 appears to have been an anomaly.  The 13 Milton MA homes sold last month is in keeping with the average sales figures for each year prior to 2013.

The average sales price for a home sold in Milton last month was $627,731, a 34.2% increase over the previous year's $467,600 average.  Homes sold in January 2014 ranged from a 3 bed/1 bath 1056 square foot Cape-style home which sold for $165,000 all the way up to a 3 bed/2 bath 3076 square foot Colonial in Milton Hill that sold for $1,300,000.  In fact, two Milton MA homes sold for over $1,000,000 last month.
The average days a Milton MA home spent on the market before a sale was complete was 39, much less time than the 67 ... more

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