Massachusetts Median Home Prices Remain at the $400,000 Mark as Number of Homes for Sale Reach Lowest Level for July since 2004

Front Porch Of Resedential Home With Autumn Decorations

The median price for a single-family home hit the $400,000 mark for the second month in a row in July. Single-family homes saw a dip in sales over last year, while condominiums sales rose slightly. Inventory also reached the lowest level for the month of July since MAR began recording the data in 2004.
Continue reading

These 10 MA Towns towns experienced the highest increases in sales and price in December

Top-ten_blog_purple
Worcester County experience a lot of activity in December, with three towns breaking into the top five in both the closed sales and median sales price increases categories. Three Cape Cod towns experienced the highest year-over-year increases in median sales price.

Closed Sales Percent Increase
Median Sales Price Growth Median Price Percent Increase
1. Avon, Mendon +900.0% 1. Athol $132,500 + 258.1%
2. Upton +400.0% 2. Weston $1,638,500 + 47.0%
3. Spencer +266.7% 3. Charlton $328,000 + 44.5%
4. Abington +185.7% 4. Chatham $738,500 + 40.7%
5. Beverly +138.9% 5. Blackstone $287,000 + 40.0%
6. Everett +133.3% 6. Longmeadow $365,000 + 38.8%
7. West Springfield +127.3% 7. Fitchburg $163,000 + 35.8%
8. Groton +114.3% 8. Ipswich $615,000 + 34.4%
9. Marblehead +109.1% 9. Yarmouth $325,000 + 32.7%
10. Northampton +100.0% 10. Holden $335,000 + 31.4%

*A minimum of ten homes must have been sold in each town during December 2015 to make this list.

All data used in the rankings is compiled from the Berkshire County Multiple Listing Service, Cape Cod & Islands Association of REALTORS®, Inc. and MLS Property Information Network, Inc.

What’s being said in the media: December 2015 Closed Sales Report

what's being said in the media 2016

These articles and posts resulted in the release of our December 2015 Closed Sales Release. We’ll continue to update this post as more articles come in.

Wednesday, January 27, 2016

Strong month ends strong year for Mass. home sales
Worcester Telegram

Strong Month Ends Strong Year For Mass. Home Sales
90.9 WBUR

Strong month ends strong year for Massachusetts home sales
Boston Herald

Strong year for Mass. home sales, up 14 percent over 2014
Sentinel & Enterprise

Worcester County home sales rise in 2015
Worcester Telegram

December data proves Massachusetts home market is strongest in years
Boston.com

These 10 MA towns experienced the highest increases in sales and price in September

Top-ten_blog_purple
Worcester and Middlesex counties experienced significant market activity this September, according to the top three towns on both the closed sales and median price increase lists. Did your town make it?

Closed Sales Percent Increase
Median Sales Price Growth Median Price Percent Increase
1. Rutland +550.0% 1. Somerville $775,000 + 64.9%
2. Lee +233.3% 2. Sudbury $782,500 + 60.2%
3. Ashburnham +225.0% 3. Upton $354,950 + 52.3%
4. Lakeville +183.3% 4. Bedford $980,000 + 52.3%
5. Ware +180.0% 5. Hanson $320,000 + 51.7%
6. Upton, Acushnet, Swansea, Edgartown, Concord, Rochester +150.0% 6. Lee $250,500 + 47.4%
7. Kingston +128.6% 7. Holden $365,000 + 44.8%
8. Hanover +122.2% 8. Ware $166,750 + 39.0%
9. Millis +116.7% 9. Dennis $402,000 + 34.0%
10. Rockland +110.0% 10. Westwood $672,450 + 33.8%

*A minimum of ten homes must have been sold in each town during September 2015 to make this list.

All data used in the rankings is compiled from the Berkshire County Multiple Listing Service, Cape Cod & Islands Association of REALTORS®, Inc. and MLS Property Information Network, Inc.

What’s Being Said in the Media: September 2015 Closed Sales

Here are the articles and posts that resulted in the release of our September 2015 Closed Sales Release. We’ll continue to update this post as more articles come in.

Tuesday, September 27, 2015

September real estate sales highest in a decade in Mass.
Boston Globe

The Fall Market started strong as Massachusetts closed home sales up again in September
Cape & Plymouth Business Magazine

Worcester County Home Sales Rise
Worcester Telegram

The Fall Market Started Strong as Massachusetts Closed Home Sales Went Up Again in September

Oct Closed Sales

The fall home buying market started strong as closed homes sales went up in September over 17 percent compared to the same time last year. This is the fourth straight month of year-over-year increases in single-family home sales, and the second largest year-over-year increase in closed home sales this year (the largest was in July). Condominium sales closed up at almost nine percent, while median prices remained flat since this time last year.

Read the full September 2015 Closed Sales Release.

Highlights from the release:

    • September single-family home sales up 17.9% over last year. (5,109 sales in 2015 from 4,332 sales in September 2014)
    • September single-family median prices went up 4.8% year-over-year (to $340,500 in 2015 from $325,000 in September 2014)
    • September condo sales went up 8.7% and median prices remained flat ($305,000)
    • Inventory in September went down -16.7% to 22,342 and condominiums available down -15.9% to 5,395
    • SF listings added to the market in September went up 5.7% over last year. (7,719 from 7,303 in 2014)
    • Condo listings added to the market went up 10.9% over last year. (2,755 from 2,484 in 2014)

SF_sept15C_sept15