Market Report For Single Family Home Sale in Quincy MA Feb 2012

By
Real Estate Agent with Mass Homes Realty

25 Single Family Homes were sold in Quincy in Feb 2012. 2 of the homes that sold were bank owned properties and 3 of the homes sold were sold as short sales.

·        2 homes were under $200k.

·        8 homes sold were in the $200-$300k price range.

·      9 homes sold were in the $300k-$400k price range.

·        4 homes sold were in the $400k-$500k price range.

·       2 homes sold were in the $500k+ price range.

 

The average listing price of the homes sold was $341,217 and the average sold price was $323,320. This means that on average, homes are selling for 95% of the list price.

 

The homes that were sold were on the market for approximately 142 days.

There were 154 Quincy MA homes for sale in February 2012. Of these homes, 14 were listed as short sales and 5 were bank owned properties.

 

The current absorption rate for single family homes in Quincy MA is 7.5 months. An absorption rate higher than 6 months is considered a buyers’ market.




If you are thinking about buying or selling in Quincy, MA, please give me a call on 781 929 3683 or send me an email on ciarabrennan7@yahoo.com


Easily search the MLS at http://ciarasmls.com

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Rainmaker
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Al Raymondi
Ocean View Realty Group in Ormond By The Sea Florida - Ormond Beach, FL
Ormond By The Sea Florida - Home and Condo Sales

Nice market report for Quincy Ciara, best wishes for continued improvement in your market in 2012.

Mar 11, 2012 12:06 AM #1
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Rainer
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Ciara Brennan

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