During the month of June 2010, Dorchester Homes experienced a healthy increase in sale volume, average sales price and the total value of homes sold, when compared to the sales data in June of 2009. There were a total of 76 Dorchester Homes sold in 2010 and 64 homes sold in 2009. This represents a 19% increase in total volume over 2009. The average sale price was $302,417.00 in 2010 and $255,504.00 in 2009. This represents an18% increase in the average Dorchester home sales price. The total value of all homes sold in Dorchester during June of 2010 was $22,983,691.00 and $16,352,260.00 in 2009. This represents an increase of 41%. That is almost even with the total value in 2008. After seeing the numbers it is clear that Dorchester real estate market is trending upward. The increase can be attributed to several factors including the home buyer tax credit, optimism about the local economy and a decrease in the number of petitions to foreclose.
Contact Robert Nichols of Bentley Real Estate Group For all of your Dorchester Real Estate Needs.
We Are The Market Experts!
Robert Nichols
Bentley Real Estate Group
404 Neponset Ave
Dorchester, MA 02122
617.448.5112 Direct
617.687.2683 Fax
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