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 of the year from 2006 through 2009, the amount of single-family homes sold in Amesbury, MA has fluctuated greatly. During the nine-month period in 2007, home sales rose 27 percent compared to the same time period in 2006. In 2008, home sales then dipped down to 68 homes sold, a 46.46 percent decline in sales. In 2009 there were 81 home sold, or a 19.1 percent rise in sales compared to the first nine months of 2008.
In 2007 homes were spending 38 more days on the market than the previous year. Since 2007 homes have been selling faster. In 2009 homes spent 24.7 percent less time on the market compared to the high in 2007, and 12.2 percent less time than in 2008.
The data come from the MLS Property Information Network, Inc.
Search the MLS for Amesbury, MA homes for sale.
Amesbury, MA Real Estate Market Data|
|
Median Price |
Number of Sales |
Days on the Market |
|
Jan-Sept 2006 |
$345,000 |
100 |
144 |
|
Jan-Sept 2007 |
$375,000 |
127 |
182 |
|
Jan-Sept 2008 |
$279,000 |
68 |
156 |
|
Jan-Sept 2009 |
$301,000 |
81 |
137 |
