Mass. pending home sales hit all time high in April

Despite the low inventory of homes for sale, buyers made a huge push in April to make offers on homes. In fact, the push was so huge that more single-family homes were put under agreement in April 2013 than in any month since MAR began tracking pending home sales data in January 2004. While condos didn’t hit an all-time high, they did hit their 2nd highest total.

Link to April 2013 Pending Sales News Release

 

Here are the highlights:

  • Single-family pending home sales were up 32.8% compared to April 2012 – biggest increase since April 2010 (last month of tax credit)
  • 5,948 is the most homes ever put under agreement in any one month
  • Condo pending home sales were up 37.4% compared to April 2012
  • 2.435 is the 2nd most condos put under agreement in any single month (March 2005 – 2,501 units was the most)

 

April housing chart