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Braintree MA Single Family Property Sales Report For 2nd Quarter 2013

By
Real Estate Agent with The Russell Realty Group 9503097

There's great news for Braintree sellers - home prices are on the rise. The Braintree MA single family property sales report for 2nd quarter 2013 in this blog detail figures on average sales, number of listings, and marketing time frames for the last several years. Average selling prices provide useful information about the condition of the market, especially when analyzed in relation to past time frames. The volume of listings reflects how active a market may be. Thirdly, the number of days on market represents level of demand. When viewed together, these 3 statistics can help you decide whether it is the optimal time to purchase or list a property, how long that process may take, and how much you may pay.

Single Family Home Prices for Braintree MA

2nd Quarter Average Selling Price

The average selling price in Braintree MA for the 2nd quarter increased 18.75% from $327,754 to $389,220. In the time frame before that, it increased 0.22% from $327,043 to $327,754. That after a -11.83% change. There is no consistent pattern across the past few years.

2008 $376,007
2009 $345,552
2010 $370,915
2011 $327,043
2012 $327,754
2013 $389,220

 

2nd Quarter Volume Of Properties Sold

The Volume of properties sold in Braintree MA for the 2nd quarter decreased -7.14% from 84 to 78. In the time frame previous to that, it increased 12% from 75 to 84. Previous to that was a -5.06% change. These figures present no consistent direction during the past few years.

2008 59
2009 60
2010 79
2011 75
2012 84
2013 78

 

2nd Quarter Average Days On Market

The Average days on market in Braintree MA for the 2nd quarter decreased -58.76% from 97 to 40. During the prior period, it increased 8.99% from 89 to 97. Prior to that there was a 41.27% change. This most recent drop is different from the trend over the previous few years.

2008 81
2009 102
2010 63
2011 89
2012 97
2013 40

 

Braintree MA Single Family Property Sales Report For 2nd Quarter 2013

For more Braintree MA single family property sales report for 2nd quarter 2013 or information for neighboring cities and towns, please contact Ingrid Johnson, Realtor at The Russell Realty Group by calling 508-326-2556 or emailing ingrid.johnson@live.com. Note: These figures were compiled from third party sources including public records and the Massachusetts MLS Property Information Network, Inc. It is meant to offer a general overview of the real estate market, are not guaranteed, and might not include every single family sold in Braintree.