Massachusetts Home Sales Make Positive Gains in October as Prices Also Up

The Massachusetts Association of REALTORS® (MAR) reported today that single-family home sales are up slightly from the same time last year. It’s the first increase after eight months of decreases. Prices also increased in October compared to October 2013.

Links:

October 2014 Closed Sales Release

Direct link to podcast with MAR President Peter Ruffini

Click arrow below to listen to the podcast:

Highlights from the release:

  • October single-family home sales – UP 0.4% over last year. (4,321 sales in 2014 from 4,302 sales in October 2013)
  • October single-family median prices went UP year-over-year (to $325,000 in 2014 from $320,000 in October 2013)
  • October condo sales UP 4.0% and median prices UP 1.4% ($300,000)
  • Inventory in October down 9.2% to 21,953 and condominiums available down 22.2% to 5,181
  • SF listings added to the market in October up 2.0% over last year. (6,097 from 5,978 in 2013)
  • Condo listings added to the market up 2.1% over last year. (2,220 from 2,175 in 2013)

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