The Milton MA Real Estate Market continues to see strong numbers in to the second quarter of 2013.
From April 1, 2013 - June 30, 2013, there were 79 single family homes sold in Milton, MA*. The lowest priced home sold for $245,00.00 and the highest priced home sold for $3,000,000.00. The average sales price for this period was $575,013.00.
The second quarter of 2013 saw the highest number of sales in Milton MA for the past five years for the second quarter. The chart below shows home sales in Milton for the second quarter over the past five years.
Low inventory and high demand has made it a Seller's market and that translated to an increase in prices in Milton for the second quarter of 2013.
Here is a chart showing average sales prices in Milton for the second quarter over the past five years. Not only did the second quarter of 2013 see a $3,000,000.00 house sell in Milton MA, there were several other homes that sold for over $1,000,000.00.
What does that mean for buyers? Competition for well priced, well located homes in good condition is tight. However, having a strong preapproval letter from a reputable lender and working with an experienced buyers agent who knows the local market will put you in a strong position. Rates, while on the increase, still are very low. The market typically slows down a little in the fall, making it a good time for buyers who are looking for a little less competition.
Being named in 2011 as the second best small town in the United States, plus 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.