We recently completed first quarter for 2013. Hard to believe how quickly time flies. Time to look at the real estate market in Milton MA for first quarter of 2013.
From January 1, 2013 - March 31, 2013, there were 29 single family homes sold in Milton, MA*. The lowest priced home sold for $125,00.00 and the highest priced home sold for $1,225,000.00. The average sales price for this period was $557,000.00.
The first quarter of 2013 saw the lowest number of sales in Milton MA for the past five years. The chart below shows home sales in Milton for the first quarter over the past five years.
It has been such a busy real estate market so you're wondering, why are sales down? The reason is simple. It is the low inventory that is a problem throughout our local markets, and from what I am hearing, across the country. Low inventory and high demand has made it a Seller's market and that translated to an increase in prices in Milton for the first quarter of 2013. Here is a chart showing average sales prices in Milton for the first quarter over the past five years.
Being named in 2011 as the second best small town in the United States, plus its proximity to Boston, access to public transportation, good schools and outdoor reacreational opportunities all continue to keep Milton MA as a desirable place to live.
The birthplace of the American Revolution with the signing of the Suffolk Resolves, Milton MA celebrated its 350th anniversary in 2012.
Are you ready to call Milton MA your home? Contact your Milton MA Buyer Broker for a complete listing of single family homes for sale in Milton MA.
*All data is courtesy of the MLS Property Information Network, Inc. Homes sold outside of the MLS are not inlcuded in those numbers.