Milton MA Real Estate: 2011 Year in Review

By
Real Estate Agent with Buyers Brokers Only LLC - www.BuyersBrokersOnly.com MA Broker Lic 148149

Milton MA Real Estate:  2011 Year in Review


Chart

chart

 

Milton MA Real Estate continued to hold steady throughout 2011.  Overall for 2011, there were 223 single family homes sold in Milton MA, with an average sale price of $520,962.00.  

 

The lowest priced home sold for $181,000 and the highest was a sale at $1,805,000.00.  The first chart to the left shows the percentage of homes sold in each price range.

 

While the average sale price may have fluctuated from month to month in 2011, it is holding steady.  The average sales price in 2010 was higher at $545,404, however 2010 was the year of the federal first time home buyer tax credit, which may have influenced prices.  

chart

 

The number for 2011 is up over both 2008 and 2009 average home sale prices, which were at $518,982 and $505,411 respectively.

 

In other categories, the news is also encouraging for a steady market.  Average days on the market was at 108 for 2011, 107 for 2010, 103 for 2009 and 109 for 2008 - all down from 120 in 2007.

 

Milton MA has done pretty well to weather the real estate storm.  It is extremely convenient for commuting to Boston, located just south of and adjacent to Boston.  

 

In addition, it consistently ranks in the Money Magazine listing of best small towns in the US, having just been named number two small town in America by Money Magazine in 2011, due to its well-rated schools, including its highly regarded French immersion program, recreational opportunities and proximity to all that Boston has to offer.

 

If you are considering buying a home in Milton MA in 2012, work with an  Exclusive Buyer Agent from Milton MA who will put your interests first and assist you through the process every step of the way.  

 

 

 

All data is taken from the MLS Property Information Network Inc.

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The content provided on this blog is presented or compiled for your convenience and is provided for informational purposes only. The information provided on this website should not be construed as offering legal, financial or other advice to be relied on by the reader to make or refrain from making any decision or to take any action. 

 

Christine Smith is an Attorney and Exclusive Buyer Agent with over 25 years of experience in the real estate field. 

 

(c) Copyright 2010-2015 Christine M. Smith, Attorney and Buyer Agent. All rights reserved.

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Ambassador
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Liz and Bill Spear
RE/MAX Elite 513.520.5305 www.LizTour.com - Mason, OH
RE/MAX Elite Warren County OH (Cincinnati/Dayton)

Christine, Love the pie chart showing portions of sales.  Really makes it clear that 300-600k is where the bulk of sales are happening.

Jan 03, 2012 04:48 AM #1
Rainmaker
570,170
Christine Smith
Buyers Brokers Only LLC - www.BuyersBrokersOnly.com - Canton, MA
Exclusive Buyer Agent & Attorney, Canton, MA

BLiz....I like the pie chart too.  Thanks!

Jan 03, 2012 06:53 AM #2
Rainmaker
309,408
Carol-Ann Palmieri
RE/MAX Executive Realty, Al and Cal Realty Group - Franklin, MA
"Cal" the Real Estate Gal

Hi Christine.  Nice market report for Milton MA for the 2011 review.  Good info for Buyers looking to make Milton MA their home.    I didn't know they had a French immersion program!  TY

Jan 03, 2012 09:00 AM #3
Rainmaker
570,170
Christine Smith
Buyers Brokers Only LLC - www.BuyersBrokersOnly.com - Canton, MA
Exclusive Buyer Agent & Attorney, Canton, MA

Carol Ann...yes, the French program has been in place for quite some time - probably at least 20 years I would think.  I was going to say 10 but I forget how quickly time goes by.  It's quite a good program.

Jan 03, 2012 11:50 AM #4
Rainmaker
323,845
Melissa Brown
Helen Adams Realty - Charlotte, NC
Realtor - South Charlotte NC Homes for Sale

Great market report, Christine!  I love your graphs and your personal commentary on the numbers.  Happy New Year!

Jan 03, 2012 02:04 PM #5
Rainer
397,118
Cathy Criado
Criado Realty - San Antonio, TX
Making Real Estate Profitable

Christine - awesome market report! One of the most comprehensive yet easy to read that I have seen.

Best wishes for 2012!

Jan 03, 2012 02:30 PM #6
Rainmaker
570,170
Christine Smith
Buyers Brokers Only LLC - www.BuyersBrokersOnly.com - Canton, MA
Exclusive Buyer Agent & Attorney, Canton, MA

Melissa....thanks.  The graphs are fun but I prefer telling the story in words.

Cathy....thank you!

Jan 03, 2012 11:25 PM #7
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Larry Lawfer
YourStories Realty Group powered by Castles Unlimited® - Newton, MA
"I listen for a living." It's all about you.

Great report Christine, count me as another who likes the pie charts. Best of luck in the new year.

Jan 04, 2012 01:02 AM #8
Rainmaker
570,170
Christine Smith
Buyers Brokers Only LLC - www.BuyersBrokersOnly.com - Canton, MA
Exclusive Buyer Agent & Attorney, Canton, MA

Thanks Larry.  It was such a big hit that I used one for my Canton market report as well.

Jan 04, 2012 01:21 PM #9
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Christine Smith

Exclusive Buyer Agent & Attorney, Canton, MA
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