Mass. median home prices up for first time in seven months as sales continue positive run

Listen to 2012 MAR President Trisha McCarthy discuss the April 2012  housing numbers.

Today we released our April 2012 sales report and for the first time in seven months, single-family median prices went up. It’s the real first significant increase since November 2010 and the end of price appreciation that resulted from the home buyer tax credit.

April was the 10th straight month, home and condo sales were up compared to the same time last year! Condo sales and median prices were up as well. (see graphs below – click on them to enlarge)

Click the link to see the April 2012 Housing Release.

Highlights from the release:

* Single-family home sales were up 18.3% compared to last year
* Single-family median prices were UP 2.7%
* Condo sales were up 10.2% compared to the same time last year
* The median price for a condo was UP 3.0% compared to last year

 

 

 

 

 

REALTOR(R) Rally:
REALTORS(R) from Massachusetts and across the country were in Washington D.C. last week to meet with their members of Congress to discuss a number of real estate issues. While they were there, they also rallied at the base of the Washington Monument to protect the American Dream of Home Ownership. You can check out the event here: www.RealtorRally.org